10603 12th Avenue SW, Seattle, WA 98146

$599,999
1,440
SqFt

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Listing courtesy of Dove Realty, Inc.. Selling Office: Keller Williams Realty PS.

Sold Price
$599,999
List Price
$599,950
Status
SOLD
MLS#
2434093
Closing Date
Mar 31, 2026
Days on Market
147
Style
52 - Duplex
Building Condition
Good
Finished SqFt
1,440
Area Total SqFt
1440
Annual Tax Ammount
5767
Lot Size (sq ft)
7,953
Sewer
Sewer Connected

Property Description

Want to start building generational wealth in today's real estate market, then take a close look at this property! Caters to both non-owner-occupied investors and owner-occupied buyers. Live in one unit for 12-24 months then move on to your dream home and have a great income producing property. Each unit has 2 bedrooms and 1 bath with W/D hook-ups. Newer roof and siding plus parking for up to 8 vehicles. Just outside Seattle City Limits! Small greenbelt in back gives both units some privacy. Zoning likely allows for more units, buyers to verify.

Additional Information

List Date
2025-11-04 00:00:00
Community
White Center
Net Operating Income
$37,150
Gross Adjusted Income
$43,767
Gross Scheduled Income
$45,120
Insurance Expenses
$850
Gross Rent Multiplier
13.7
Total Expenses
$6,617
Cap Rate
6.2
Vacancy Rate
3
Total Number of Units
2
Unit Name
10603
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1945
Roof
Composition
Site Features
Fenced-Partially, Gas Available, Outbuildings
Energy Source
Electric
School District
Highline
Elementary School
White Center Heights
Middle School
Cascade Mid
High School
Evergreen High
Gross Scheduled Income
$45,120
Vacancy Rate
3
Gross Adjusted Income
$43,767
Tax Year
2025
Insurance Expense
$850
Total Expenses
$6,617
Net Operating Income
$37,150
Gross Rent Multiplier
13.7
Cap Rate
6.2
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Calculator source: Real Geeks