5537 S 119th St, Seattle, WA 98178

$850,000
3,610
SqFt

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Listing courtesy of eXp Realty. Selling Office: Best Choice Realty LLC.

Sold Price
$850,000
List Price
$899,995
Status
SOLD
MLS#
2460107
Closing Date
Mar 30, 2026
Days on Market
4
Style
52 - Duplex
Building Condition
Updated/Remodeled
Finished SqFt
3,610
Area Total SqFt
3610
Annual Tax Ammount
7550
Lot Size (sq ft)
9,000
Sewer
Sewer Connected

Property Description

A dream come true! Own a legal duplex with oversized units, each offering 1,800+ sq ft of living space. The upper unit shines with newly remodeled flooring, an updated main bath and common bath, plus a refreshed kitchen. Big-ticket upgrades include a new roof and brand-new decking. The lower level is currently set up as a daycare center and has been fully remodeled, featuring a spacious living room, an additional kitchen, and a full bathroom. Step outside to a large attached backyard, perfect for entertaining, play, or gardening.Bonus value: the property qualifies for a detached dwelling/ADU in the back and is fully approved. Live in one unit, rent the other, and expand future income potential.

Additional Information

List Date
2026-03-26 00:00:00
Community
Skyway
Net Operating Income
$43,250
Gross Adjusted Income
$55,200
Gross Scheduled Income
$55,200
Total Monthly Income
$4,600
Insurance Expenses
$1,500
Water/Sewer/Garbage Expenses
$1,200
Gross Rent Multiplier
15
Total Expenses
$11,950
Cap Rate
4.8
Total Number of Units
2
Unit Name
5537
Potential Terms
Cash, Conventional, FHA, See Remarks, State Bond
Year Built
1962
View
Mountains, See Remarks
Roof
Composition
Site Features
Fenced-Fully
Electric Expenses
1000
Other Expenses
100
Energy Source
Electric, See Remarks
School District
Seattle
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$4,600
Gross Scheduled Income
$55,200
Gross Adjusted Income
$55,200
Tax Year
2025
Insurance Expense
$1,500
W/S/G Expenses
$1,200
Total Expenses
$11,950
Net Operating Income
$43,250
Gross Rent Multiplier
15
Cap Rate
4.8
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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