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Listed by:Lee & Associates Commercial RE • Dea Sumantri

$1,495,000

Est. payment - /mo

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5 Beds

4 Baths

7,200 Sqft Lot

New

1953 10th AVE W Seattle, WA 98119

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Ryan Born

ryan@born-realty.com +1(206) 498-0342

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Queen Anne

MLS Listing ID 2585477

Style 54 - 4-Plex

Bedrooms 5

Year Built 1906

Annual Tax Amount $16,260

Lot Size 7,200 Sqft

Property Sub-Type Multi Family

Property Description

We are pleased to present the 10th Ave W Fourplex in Seattle's Queen Anne neighborhood. This offering presents a rare combination of immediate usability, flexible investment strategies, and future upside. Delivered vacant, the property is well suited for an owner occupant seeking to move in immediately while renovating or repositioning the remaining units over time. The property may also appeal to townhome developers evaluating the LR1 (M) zoning and 7,200 square foot lot for future redevelopment potential, subject to buyer verification. It features four individually metered residences with a unique mix of updated interiors, double pane windows offering sweeping views, and in unit washer and dryers. The units include hardwood flooring, stainless steel and white appliances, dishwashers, updated cabinetry, private deck access, and walk-in closet space. Recent improvements include a replacement water heater system completed in 2023 and electrical upgrades completed in conjunction with the water heater installation. The building also includes basement storage, seven parking spaces, and two garage spaces. With a blend of existing improvements and additional upside through continued interior modernization and operational review, the property presents investors with the opportunity to acquire a well located small multifamily asset in one of Seattle's most established rental neighborhoods

Location

State WA

County King

Area 700 - Queen Anne/Magnolia

Interior

Flooring Hardwood, Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Wood

Garage Spaces 2.0

Amenities Available Deck, Outbuildings, Patio, Shop

View Y/N Yes

View Bay, Territorial

Roof Type Composition

Building

Lot Description Alley, Curbs, Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.lee-associates.com/northwest/properties/?propertyId=1577782-sale&address=1953-10th-Ave-W&officeId=2085

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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Amenities & Attractions

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Local Services

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Professional Services

Harmatta Construction Inc

3011 W Jameson Street, Seattle, WA 98199

Contractors Phone: 206-284-6612

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