3021 21st Avenue W, Seattle, WA 98199
- $1,550,000
- 3,800
- SqFt
Listing courtesy of COMPASS. Selling Office: Coldwell Banker Danforth.
- Sold Price
- $1,550,000
- List Price
- $1,550,000
- Status
- SOLD
- MLS#
- 2489922
- Closing Date
- May 26, 2026
- Days on Market
- 13
- Style
- 54 - 4-Plex
- Finished SqFt
- 3,800
- Area Total SqFt
- 3800
- Annual Tax Ammount
- 16054
- Lot Size (sq ft)
- 6,000
- Sewer
- Available
Property Description
Discover the perfect investment opportunity with this meticulously and tastefully renovated mid-century Magnolia 4-plex. Every aesthetic and mechanical detail has been thoughtfully addressed, ensuring lasting quality and pride of ownership for years to come. Stylish units feature modern kitchens with stainless steel appliances, slab countertops, and solid wood designer cabinets, along with skylights, custom tiled showers with granite accents, and private decks or patios. Off-street parking for 8 vehicles, this property is as practical as it is appealing. Conveniently located near Magnolia’s amenities, Ballard, S. Lake Union, and downtown Seattle, this income-generating property sits on a 6,000 sq. ft. LR1-zoned lot. Don't miss out!
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Additional Information
- List Date
- 2026-05-13 00:00:00
- Community
- Magnolia
- Net Operating Income
- $109,567
- Gross Adjusted Income
- $109,567
- Gross Scheduled Income
- $109,567
- Insurance Expenses
- $1,869
- Water/Sewer/Garbage Expenses
- $3,365
- Gross Rent Multiplier
- 14.2
- Total Expenses
- $24,518
- Cap Rate
- 5.5
- Total Number of Units
- 4
- Unit Name
- 3021
- Potential Terms
- Conventional
- Year Built
- 1967
- View
- Mountains, Partial
- Roof
- Flat, Torch Down
- Site Features
- Cable TV, Fenced-Partially, High Speed Internet, Patio
- Electric Expenses
- 2830
- Other Expenses
- 400
- Energy Source
- Electric
- School District
- Seattle
- Gross Scheduled Income
- $109,567
- Gross Adjusted Income
- $109,567
- Tax Year
- 2025
- Insurance Expense
- $1,869
- W/S/G Expenses
- $3,365
- Total Expenses
- $24,518
- Net Operating Income
- $109,567
- Gross Rent Multiplier
- 14.2
- Cap Rate
- 5.5
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.