7424 Rainier Avenue S Unit #A,B,C, Seattle, WA 98118

$1,352,000
4,930
SqFt

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Listing courtesy of RE/MAX All City. Selling Office: John L. Scott, Inc.

Sold Price
$1,352,000
List Price
$1,300,000
Status
SOLD
MLS#
2474949
Closing Date
Mar 24, 2026
Days on Market
8
Style
53 - Tri-plex
Building Condition
Good
Finished SqFt
4,930
Area Total SqFt
4930
Annual Tax Ammount
15732
Lot Size (sq ft)
8,930
Sewer
Sewer Connected

Property Description

Unmatched incredible investment. Three separate tax ID's so they can be sold individually but for sale as one property for a fantastic price. Well located 3 units in rapidly improving area. All three units offer: Floor to ceiling windows throughout. Light filled great room with chef's kitchen, eating/breakfast bar. Comfortable, sensible, flexible floorplan. Primary bedroom on the third level offers a private retreat, rooftop deck plumbed for gas grill, features sweeping territorial views. Originally built as high end townhomes. Several large and small developments only a few blocks away. A wise investment in the path of progress. All three units rented.

Additional Information

List Date
2026-03-16 00:00:00
Community
Brighton
Net Operating Income
$75,732
Gross Adjusted Income
$98,784
Gross Scheduled Income
$100,800
Total Monthly Income
$8,400
Insurance Expenses
$2,400
Gross Rent Multiplier
12.89
Total Expenses
$23,052
Cap Rate
5.58
Vacancy Rate
2
Total Number of Units
3
Unit Name
7424
Potential Terms
Cash, Conventional
Year Built
2017
View
Territorial
Roof
Flat
Other Expenses
4920
Energy Source
Electric
School District
Seattle
Total Monthly Income
$8,400
Gross Scheduled Income
$100,800
Vacancy Rate
2
Gross Adjusted Income
$98,784
Tax Year
2025
Insurance Expense
$2,400
Total Expenses
$23,052
Net Operating Income
$75,732
Gross Rent Multiplier
12.89
Cap Rate
5.58
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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