3207 NW 64th Street, Seattle, WA 98107
- $1,575,000
- 4,305
- SqFt
Listing courtesy of Westlake Associates, Inc.. Selling Office: Real Broker LLC.
- Sold Price
- $1,575,000
- List Price
- $1,475,000
- Status
- SOLD
- MLS#
- 2526302
- Closing Date
- Jul 10, 2026
- Days on Market
- 38
- Style
- 55 - 5-9 Units
- Finished SqFt
- 4,305
- Area Total SqFt
- 4305
- Annual Tax Ammount
- 15769
- Lot Size (sq ft)
- 8,100
- Sewer
- Sewer Connected
Property Description
Originally constructed in 1954, the property consists of a well-maintained single-story Roman brick veneer building featuring four spacious 1-bedroom units averaging approximately 760 SF and one large 2-bedroom unit totaling approximately 1,247 SF. The units feature highly functional floorplans with dual east and west side entries that create a unique “small home” feel rarely found in apartment living. Strong tenant retention speaks to the appeal of both the property and location. Current ownership has extensively updated and maintained the property over the years. Interior renovations include updated kitchens and bathrooms with new countertops, tile backsplashes, upgraded appliance packages, and refinished original oak hardwood floors throughout. Major capital improvements include copper plumbing supply lines, double-pane vinyl windows, and seismic retrofitting of the foundation. Additional amenities include ample off-street parking with a 1:1 parking ratio, secure common laundry facilities, and tenant storage lockers. With an in-place NOI of approximately $85,000 and a 5.4% cap rate, 3207 NW 64th St offers investors immediate cash flow, ease of management, and long-term appreciation potential in one of Seattle’s most supply-constrained rental markets.
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Additional Information
- List Date
- 2026-06-02 00:00:00
- Community
- Sunset Hill
- Net Operating Income
- $84,466
- Gross Adjusted Income
- $130,769
- Gross Scheduled Income
- $137,652
- Total Monthly Income
- $11,471
- Insurance Expenses
- $5,925
- Water/Sewer/Garbage Expenses
- $7,571
- Gross Rent Multiplier
- 10.72
- Total Expenses
- $46,303
- Cap Rate
- 5.73
- Vacancy Rate
- 5
- Total Number of Units
- 5
- Unit Name
- 3207
- Potential Terms
- Cash, Conventional
- Year Built
- 1954
- Roof
- Composition
- Other Expenses
- 17038
- Energy Source
- Electric
- School District
- Seattle
- Total Monthly Income
- $11,471
- Gross Scheduled Income
- $137,652
- Vacancy Rate
- 5
- Gross Adjusted Income
- $130,769
- Tax Year
- 2026
- Insurance Expense
- $5,925
- W/S/G Expenses
- $7,571
- Total Expenses
- $46,303
- Net Operating Income
- $84,466
- Gross Rent Multiplier
- 10.72
- Cap Rate
- 5.73
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.