1634 SW 114th Street, Seattle, WA 98146
- $935,000
- 2,648
- SqFt
Listing courtesy of Home Realty. Selling Office: Windermere Real Estate Midtown.
- Sold Price
- $935,000
- List Price
- $986,388
- Status
- SOLD
- MLS#
- 2435077
- Closing Date
- Dec 02, 2025
- Days on Market
- 37
- Style
- 54 - 4-Plex
- Finished SqFt
- 2,648
- Area Total SqFt
- 2648
- Annual Tax Ammount
- 9242
- Lot Size (sq ft)
- 9,920
- Sewer
- Sewer Connected
Property Description
Great value with this 4 plex in a nice and convenient area. Three 1 bedroom units and one 2 bedroom unit. One unit is vacant, great for owner-occupied or new owner can lease out. The apartment building has been lovingly taken care of for many years (owners lived in the 2 bedroom unit). Storage units, washer and dryer in basement (2 bedroom unit has it's own washer and dryer). All new gutters installed and exterior paint. Nice (newer) fenced outdoor area too. Ample parking in front of the building and in front of the basement. Very favorable commercial zoning for many options. Great starter investment with 6% CAP Rate, or ideal for owner-occupied.
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Additional Information
- List Date
- 2025-10-26 00:00:00
- Community
- Shorewood
- Net Operating Income
- $59,559
- Gross Adjusted Income
- $77,700
- Gross Scheduled Income
- $77,700
- Total Monthly Income
- $4,975
- Insurance Expenses
- $947
- Water/Sewer/Garbage Expenses
- $4,592
- Gross Rent Multiplier
- 12
- Total Expenses
- $18,141
- Cap Rate
- 6
- Total Number of Units
- 4
- Unit Name
- 1634
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1962
- Roof
- Composition
- Electric Expenses
- 960
- Other Expenses
- 2400
- Energy Source
- Electric
- School District
- Seattle
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $4,975
- Gross Scheduled Income
- $77,700
- Gross Adjusted Income
- $77,700
- Tax Year
- 2025
- Insurance Expense
- $947
- W/S/G Expenses
- $4,592
- Total Expenses
- $18,141
- Net Operating Income
- $59,559
- Gross Rent Multiplier
- 12
- Cap Rate
- 6
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.