812 29th Avenue S, Seattle, WA 98144

$2,200,000
6,400
SqFt

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Listing courtesy of Windermere Real Estate Co..

List Price
$2,200,000
Status
ACTIVE
MLS#
2574456
Days on Market
0
Style
55 - 5-9 Units
Building Condition
Average
Finished SqFt
6,400
Area Total SqFt
6400
Annual Tax Ammount
32092
Internet Provider
xfinity
Lot Size (sq ft)
15,000
Sewer
Sewer Connected

Property Description

15000(+-) Square Foot lot Zoned LR2(M) In Highly Desirable Leschi Location with New Construction all around. Three Parcels. Two Parcels on separate 6000 SF Lots, each with 4 units and garages. All 8 units 2 Bedrooms 1 Bathroom. Third parcel Vacant lot. Excellent Development site. In addition Laundry plus shop. Finanancial data provided on a Pro Forma Basis

Additional Information

List Date
2026-08-26 22:58:11
Community
Leschi
Net Operating Income
$136,800
Gross Adjusted Income
$118,162
Gross Scheduled Income
$182,400
Total Monthly Income
$15,200
Insurance Expenses
$8,000
Water/Sewer/Garbage Expenses
$15,026
Gross Rent Multiplier
12.06
Total Expenses
$55,118
Cap Rate
6.2
Vacancy Rate
5
Total Number of Units
8
Unit Name
812
Potential Terms
Cash, Conventional
Year Built
1963
Roof
Flat
Site Features
Deck
Energy Source
Electric
School District
Seattle
Elementary School
Thurgood Marshall El
Middle School
Wash Mid
High School
Garfield High
Total Monthly Income
$15,200
Gross Scheduled Income
$182,400
Vacancy Rate
5
Gross Adjusted Income
$118,162
Tax Year
2026
Insurance Expense
$8,000
W/S/G Expenses
$15,026
Total Expenses
$55,118
Net Operating Income
$136,800
Gross Rent Multiplier
12.06
Cap Rate
6.2
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.

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