2801 14th Avenue W, Seattle, WA 98119
- $2,695,000
- 6,272
- SqFt
Listing courtesy of Paragon Real Estate Advisors.
- List Price
- $2,695,000
- Status
- ACTIVE
- MLS#
- 2584084
- Days on Market
- 0
- Style
- 55 - 5-9 Units
- Finished SqFt
- 6,272
- Area Total SqFt
- 6272
- Annual Tax Ammount
- 22758
- Lot Size (sq ft)
- 9,000
- Sewer
- Available
Property Description
The Deauville Apartments is an 8-unit multifamily investment located at 2801 14th Ave W in Seattle’s Queen Anne neighborhood, above the Interbay corridor. Built in 1961, the property offers a uniform unit mix of 8 two-bedroom, one-bathroom homes averaging 784 square feet, on a 9,000 square foot LR3(M)-zoned lot. All units feature in-unit laundry, dishwashers, view windows, modern updates, and dedicated parking. Systems work included new electrical panels in four units (all are up-to-date), plumbing updates, new hot water heaters and new appliances throughout. Every unit now has in-unit W/D and exhaust fans from its bathroom and kitchen. The roof received a full perimeter d a secure package box, a regraded parking area, and repairs to stairwell and walkway structures. Four units were completely remodeled with all-new kitchens, along with all-new bathrooms, new entry doors, and new hardwood flooring. The remaining units received mid-level renovations, including new appliances, updated electrical and plumbing fixtures, refinished bathtubs, new lighting, and ceiling fan additions in bedrooms. Real prefinished red oak hardwood was installed in six units and engineered hardwood in a seventh unit. The property shares the Armour Street city right of way. This provides residents a park like feel in an urban setting and an amenity to any future redevelopment.
/u.realgeeks.media/homes77/logo-full.png){kind=logo}
Additional Information
- List Date
- 2026-09-17 20:43:12
- Community
- Interbay
- Net Operating Income
- $173,101
- Gross Adjusted Income
- $248,339
- Gross Scheduled Income
- $256,020
- Total Monthly Income
- $21,335
- Insurance Expenses
- $4,558
- Water/Sewer/Garbage Expenses
- $15,852
- Gross Rent Multiplier
- 10.53
- Total Expenses
- $75,239
- Cap Rate
- 6.42
- Vacancy Rate
- 3
- Total Number of Units
- 8
- Unit Name
- 2801
- Potential Terms
- Cash, Conventional
- Year Built
- 1961
- Roof
- Flat
- Other Expenses
- 32071
- Energy Source
- Electric
- School District
- Seattle
- Total Monthly Income
- $21,335
- Gross Scheduled Income
- $256,020
- Vacancy Rate
- 3
- Gross Adjusted Income
- $248,339
- Tax Year
- 2026
- Insurance Expense
- $4,558
- W/S/G Expenses
- $15,852
- Total Expenses
- $75,239
- Net Operating Income
- $173,101
- Gross Rent Multiplier
- 10.53
- Cap Rate
- 6.42
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.