8832 Delridge Way SW Unit #A-E, Seattle, WA 98106
- $1,400,000
- 6,400
- SqFt
Listing courtesy of Medawar Real Estate.
- List Price
- $1,400,000
- Status
- ACTIVE
- MLS#
- 2576739
- Days on Market
- 0
- Style
- 55 - 5-9 Units
- Finished SqFt
- 6,400
- Area Total SqFt
- 6400
- Annual Tax Ammount
- 21037
- Lot Size (sq ft)
- 9,000
- Sewer
- Sewer Connected
Property Description
Rare opportunity to acquire two side-by-side triplexes in Seattle's Delridge/Westwood neighborhood, offered together as a 6-unit, 6,400 SF portfolio. Built in 2000, all six units are spacious 2 Bed/1.5 Bath townhome-style residences (approx. 1,067 SF each) with individual electric baseboard heat and in-unit fireplaces. Current rents sit well below market, creating compelling upside: current cap rate of approximately 4.7%, growing to approximately 7% at market rents (avg. $2,095/unit). Off-street parking, low-maintenance landscaping, and steps to the RapidRide H Line. Zoned LR2 (M) on a combined 9,000 SF lot. Opportunity for 20%-25% down payment as residential financing.
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Additional Information
- List Date
- 2026-09-01 20:33:14
- Community
- Westwood
- Net Operating Income
- $65,956
- Gross Adjusted Income
- $124,020
- Gross Scheduled Income
- $124,020
- Total Monthly Income
- $9,525
- Insurance Expenses
- $5,546
- Water/Sewer/Garbage Expenses
- $12,780
- Gross Rent Multiplier
- 11.3
- Total Expenses
- $58,064
- Cap Rate
- 4.7
- Total Number of Units
- 6
- Unit Name
- 8832
- Potential Terms
- Cash, Conventional, FHA, See Remarks
- Year Built
- 2000
- Roof
- Composition
- Site Features
- Patio
- Other Expenses
- 18701
- Energy Source
- Electric
- School District
- Seattle
- Total Monthly Income
- $9,525
- Gross Scheduled Income
- $124,020
- Gross Adjusted Income
- $124,020
- Tax Year
- 2026
- Insurance Expense
- $5,546
- W/S/G Expenses
- $12,780
- Total Expenses
- $58,064
- Net Operating Income
- $65,956
- Gross Rent Multiplier
- 11.3
- Cap Rate
- 4.7
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.