7138 47th Avenue SW, Seattle, WA 98136
- $844,240
- 2,180
- SqFt
Listing courtesy of Real Broker LLC. Selling Office: Skyline Properties, Inc..
- Sold Price
- $844,240
- List Price
- $865,000
- Status
- SOLD
- MLS#
- 2457198
- Closing Date
- Mar 04, 2026
- Days on Market
- 72
- Style
- 52 - Duplex
- Finished SqFt
- 2,180
- Area Total SqFt
- 2180
- Annual Tax Ammount
- 9400
- Lot Size (sq ft)
- 5,250
- Sewer
- Sewer Connected
Property Description
Exceptional duplex opportunity in West Seattle, located moments from Lincoln Park, transit, shopping, and waterfront recreation. This well-maintained, professionally managed property features two fully occupied units with a strong rental history. Unit 1 offers 2 bedrooms and 1.5 baths; Unit 2 includes 1 bedroom and 1 bath. Both units have comfortable layouts, dedicated living spaces, and stable, long-term tenancy—ideal for investors seeking reliable income or end-user buyers looking to offset housing costs. 1k sq ft basement potential to add unit or expand one of the existing ones. Prime location, consistent performance, and proven property management make this a standout addition to any portfolio.
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Additional Information
- List Date
- 2025-12-22 00:00:00
- Community
- Lincoln Park
- Net Operating Income
- $36,540
- Gross Adjusted Income
- $49,140
- Gross Scheduled Income
- $49,140
- Total Monthly Income
- $4,095
- Insurance Expenses
- $1,200
- Water/Sewer/Garbage Expenses
- $2,000
- Gross Rent Multiplier
- 17.6
- Total Expenses
- $12,600
- Cap Rate
- 4.2
- Total Number of Units
- 2
- Unit Name
- 7138
- Potential Terms
- Cash, Conventional
- Year Built
- 1955
- View
- Territorial
- Roof
- Composition
- Energy Source
- Electric, Oil
- School District
- Seattle
- Total Monthly Income
- $4,095
- Gross Scheduled Income
- $49,140
- Gross Adjusted Income
- $49,140
- Tax Year
- 2025
- Insurance Expense
- $1,200
- W/S/G Expenses
- $2,000
- Total Expenses
- $12,600
- Net Operating Income
- $36,540
- Gross Rent Multiplier
- 17.6
- Cap Rate
- 4.2
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.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.