5222 -36 Delridge Way SW, Seattle, WA 98106
- $3,500,000
- 8,682
- SqFt
Listing courtesy of John L Scott RE West Seattle.
- List Price
- $3,500,000
- Status
- PENDING FEASIBILITY
- MLS#
- 2495909
- Days on Market
- 136
- Style
- 56 - 10+ Units
- Finished SqFt
- 8,682
- Area Total SqFt
- 8682
- Annual Tax Ammount
- 31940
- Lot Size (sq ft)
- 23,760
- Sewer
- Sewer Connected
Property Description
Strategically positioned along West Seattle’s rapidly evolving Delridge corridor, this rare 5 parcel assemblage (approx. 23,760 SF) delivers scale, zoning, and income in one offering. NC2P 55(M) zoning invites a true midrise vision—up to five stories of residential over active ground floor commercial—right in the path of ongoing growth, infrastructure investment, and neighborhood revitalization. The property currently features 15 apartment units, with a mix of rented and vacant homes that provide immediate cash flow, upside through lease up, and flexibility during design and entitlement. Generous frontage, strong visibility, and easy access to the RapidRide H Line connect future residents to jobs, services, and the core city, while the forthcoming West Seattle light rail will further enhance long term demand and exit strategies. Assemblages of this size and quality are increasingly hard to find. Whether your plan is mixed use, all residential, or a phased redevelopment, this site checks the boxes: scale, zoning, transit, and story. Bring your architect, your vision, and your preferred builder—Delridge’s next signature project starts here.
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Additional Information
- List Date
- 2026-03-28 15:43:12
- Community
- Delridge
- Net Operating Income
- $39,933
- Gross Adjusted Income
- $54,480
- Gross Scheduled Income
- $54,480
- Total Monthly Income
- $4,540
- Insurance Expenses
- $8,777
- Water/Sewer/Garbage Expenses
- $16,174
- Gross Rent Multiplier
- 64
- Total Expenses
- $94,413
- Vacancy Rate
- 66
- Total Number of Units
- 15
- Unit Name
- 5222 -36
- Potential Terms
- Cash
- Year Built
- 1966
- Roof
- Composition
- Electric Expenses
- 1744
- Other Expenses
- 35778
- Energy Source
- Electric, Natural Gas
- School District
- Seattle
- Elementary School
- Fairmount Park
- Middle School
- Madison Mid
- High School
- West Seattle High
- Total Monthly Income
- $4,540
- Gross Scheduled Income
- $54,480
- Vacancy Rate
- 66
- Gross Adjusted Income
- $54,480
- Tax Year
- 2026
- Insurance Expense
- $8,777
- W/S/G Expenses
- $16,174
- Total Expenses
- $94,413
- Net Operating Income
- $39,933
- Gross Rent Multiplier
- 64
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.