7103 Linden Ave N Unit 1-5 · Seattle, WA 98103

$1,199,950

7 bd · 5.0 ba · 3,275 sqft · MultiFamily

Built 1904 Good condition 2,604 sqft lot $366/sqft · 15% below area Est $1.409M · 15% under

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Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +14.2/15.0
• Cash flow +6.1/30.0
• Schools +6.1/10.0
• Livability +3.8/5.0
• Condition / age +3.8/5.0
• Rent growth +3.1/5.0
• 1% rule +1.4/10.0
• DSCR +0.5/10.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (5+ Unit). Listing-text estimate: 5 units. confirmed

5+ unit building — per-unit beds/baths from public records are typically unavailable; the breakdown below (if shown) is an estimate from the listing text.

Listing remarks

Prime Green Lake location just one block from the lake! This fully occupied five-unit property includes two buildings situated on a single tax parcel, offering a total of approximately 3,275 square feet of living space. The west building is a 3-bedroom, 1-bath home with approximately 1,280 square feet, while the east building consists of four 1-bedroom units. The units feature open floor plans and abundant natural light. Property improvements include updated roofs, siding, windows, exterior paint, and electrical systems. Unit #2 was recently remodeled. Additional features include separately metered electrical service, coin-operated laundry, and on-site storage units.

Key facts

• Five-unit property
• Green lake location
• Two buildings

Tags

• GREEN LAKE LOCATION
• FIVE-UNIT PROPERTY
• TWO BUILDINGS
• OPEN FLOOR PLANS
• ABUNDANT NATURAL LIGHT
• UPDATED ROOFS

What this means for you Summary

Snapshot

• This is a 2×2bd/1.0ba + 3×1bd/1.0ba units multifamily listed at $1.20M. Condition is rated good.
• This rent per unit is only 14% of the median local income ($131k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.

Deal economics

• At list price, monthly cash flow is $-2k ($-27k/yr) — negative. Per door: $-446/mo.
• To cash-flow at today's rent, offer at most $877k (26.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $767k (36.1% below list).
• Recommended offer: $767k (36.1% below list) — sets the bar for 1% rule.
• Cap rate 4.1% vs local median 1.7% in Seattle — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 75/100 on livability (#166 in WA, #4,033 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, employment A+; Watch: crime F, cost of living F.
• Seattle Public Schools (urban): math 64% / reading 72% proficiency, ranked #19 of 291 in WA (top 6%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Licton Springs K-8 (109 students, 47% FRL); Robert Eagle Staff Middle School (676 students, 31% FRL); Ingraham High School (1,452 students, 33% FRL).
• Market conditions: Rents rising (+2.2%/yr); 643 active listings in the ZIP; 14 comparable units currently listed for rent nearby; rentals lingering (median 35d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 64% of comp listings sitting > 30 days — soft ceiling on asking rent; high-income renter base; 10,555 units permitted in King County in 2024 (7,119 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $8k of loan paydown is wiped out by about $36k of value loss. Plan a longer hold.
• King County population projected at +44% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 0 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: built in 1904 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $767,300 (36.1% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
3. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
4. Built in 1904 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
7. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
8. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
9. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
10. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
11. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 0.64% ✗
• Cap rate: 4.06%
• Cash-on-cash: -7.97%
• DSCR: 0.65
• GRM: 13.0

CMA / ARV

• ARV (median comp): $1,409,404
• List price: $1,199,950
• Delta: -14.86%
• Verdict: UNDERPRICED
• Comps: 16 within 1.0 mi

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
6553 Greenwood Ave N	0.43mi	6/4.0 (-1)	3,162 (-4%)	1mo	$1,350,000	$427	64
6500 Phinney Ave N	0.43mi	6/4.0 (-1)	3,182 (-3%)	10mo	$1,135,000	$357	58
5638 3rd Ave NW	0.90mi	7/3.0	2,960 (-10%)	5mo	$1,405,000	$475	37
6519 4th Ave NE	1.08mi	6/6.0 (-1)	3,740 (+14%)	5mo	$1,775,000	$475	28
847 NW 62nd St	1.08mi	6/3.0 (-1)	2,960 (-10%)	18mo	$1,260,000	$426	21

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 2.2% rent growth · sell at horizon

5-year hold

• IRR: -31.2%
• Equity multiple: -0.02×
• Total profit: $-342,544
• Equity at exit: $178,916

10-year hold

• IRR: -38.6%
• Equity multiple: -0.50×
• Total profit: $-505,514
• Equity at exit: $103,750

Cash invested: $335,986 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (CITY): 0 Strongly Tenant-Friendly
• State Washington: 28 Tenant-Leaning · D+8
• County: — inherits STATE
• City Seattle: 0 Strongly Tenant-Friendly · D+52

Just Cause + Relocation Assistance + Source of Income + First in Time.

Methodology + full state rankings →

Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 3 active · 1 under contract
• Months of supply: 9.0 mo (11%/mo absorbed)
• Median asking: $1,475,000 ($423/sqft)
• Median days on market: 145 d
• This list price: 33% of active listings are priced below it
• ARV vs active asking: +1.8% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 98103

• Rents YoY: 2.2%
• Active inventory: 643
• Price-to-rent: 56.1×

Monthly cashflow live

• Estimated rent: $7,673 high
• Mortgage (P&I): −$6,293
• Tax est. 1.5%: −$1,500 /mo · $17,999/yr
• Insurance: −$500
• HOA: −$0
• Vacancy / Maint / Mgmt: −$1,611
• Net cashflow: $-2,231

5-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 2× units	2	1	$3,564
▸ 3× units	1	1	$4,110
Total (5 units)			$7,673

Break-even live

Break-even rent $10,497

Max offer price $877,133

Occupancy floor —

Sensitivity live

Price	-10% $-1,402	-5% $-1,816	+0% $-2,231	+5% $-2,646	+10% $-3,060
Rent	-10% $-2,837	-5% $-2,534	+0% $-2,231	+5% $-1,928	+10% $-1,625
Rate	-1.0pp $-1,627	-0.5pp $-1,926	base $-2,231	+0.5pp $-2,542	+1.0pp $-2,858

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $299,988
• Closing costs: $35,998
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7121 Linden Ave N Seattle, WA	1.0	1.0	500	$1,345	$2.69	0d	1	0.07mi
7121 Linden Ave N Seattle, WA	1.0	1.0	500	$1,395	$2.79	28d	1	0.07mi
7215 Linden Ave N Unit 105 Seattle, WA	—	1.0	550	$1,835	$3.34	38d	1	0.12mi
7320 Winona Ave N Seattle, WA	1.0	1.0	580	$1,500	$2.59	23d	1	0.20mi
7320 Winona Ave N Apt 203 Seattle, WA	1.0	1.0	580	$1,649	$2.84	25d	1	0.20mi
7320 Winona Ave N Seattle, WA	1.0	1.0	580	$1,595	$2.75	0d	1	0.20mi
7401 Linden Ave N Seattle, WA	1.0	1.0	550	$1,395	$2.54	0d	1	0.20mi
6726 Greenwood Ave N Seattle, WA	—	1.0	376	$1,588	$4.22	0d	5	0.35mi
6522 Phinney Ave N Unit 203 Seattle, WA	—	1.0	457	$1,795	$3.93	35d	1	0.36mi
6522 Phinney Ave N Unit 304 Seattle, WA	—	1.0	457	$1,820	$3.98	35d	1	0.36mi
6522 Phinney Ave N Unit 301 Seattle, WA	—	1.0	457	$1,650	$3.61	0d	1	0.36mi
6522 Phinney Ave N Seattle, WA	—	1.0	620	$2,095	$3.38	139d	1	0.36mi
6522 Phinney Ave N Unit 203 Seattle, WA	—	1.0	457	$1,650	$3.61	3d	1	0.36mi
6522 Phinney Ave N Unit 303 Seattle, WA	—	1.0	458	$1,895	$4.14	139d	1	0.36mi
6522 Phinney Ave N Unit 301 Seattle, WA	—	1.0	457	$1,770	$3.87	35d	1	0.36mi
6519 Phinney Ave N Seattle, WA	1.0	1.0	750	$1,550	$2.07	108d	1	0.39mi
6410 Phinney Ave N Unit B Seattle, WA	—	1.0	400	$1,310	$3.27	0d	1	0.41mi
6410 Phinney Ave N Unit Studio A Seattle, WA	—	1.0	400	$1,275	$3.19	0d	1	0.41mi
6408 Phinney Ave N #1 Seattle, WA	2.0	1.0	550	$2,195	$3.99	0d	1	0.41mi
6408 Phinney Ave N #6 Seattle, WA	—	1.0	409	$1,475	$3.61	45d	1	0.41mi
6402 Phinney Ave N Apt 6 Seattle, WA	1.0	1.0	600	$1,995	$3.33	0d	1	0.42mi
311 N 77th St Seattle, WA	2.0	1.5	750	$2,595	$3.46	105d	1	0.45mi
411 N 63rd St Unit 100 Seattle, WA	1.0	1.0	540	$1,695	$3.14	0d	1	0.47mi
411 N 63rd St Unit 103 Seattle, WA	1.0	1.0	540	$1,795	$3.32	0d	1	0.47mi
418 N 61st St Seattle, WA	1.0	1.0	447	$1,750	$3.91	70d	1	0.52mi
418 N 61st St Unit ADU Seattle, WA	1.0	1.0	447	$1,750	$3.91	78d	1	0.52mi
7929 Green Lake Dr N Seattle, WA	1.0	1.0	700	$1,795	$2.56	4d	1	0.58mi
8008 Greenwood Ave N Unit 305 Seattle, WA	—	1.0	391	$1,375	$3.52	40d	1	0.60mi
1400 N 80th St Apt 305 Seattle, WA	—	1.0	550	$1,795	$3.26	103d	1	0.61mi
7810 E Green Lake Dr N Seattle, WA	1.0	1.0	468	$1,895	$4.05	0d	1	0.68mi
2006 N 78th St Seattle, WA	1.0	1.0	500	$1,695	$3.39	0d	1	0.69mi
2008 N 78th St Seattle, WA	1.0	1.0	500	$1,795	$3.59	18d	1	0.69mi
7810 Stroud Ave N Seattle, WA	1.0	1.0	750	$2,000	$2.67	55d	1	0.69mi
2010 N 78th St Seattle, WA	1.0	1.0	700	$2,795	$3.99	0d	1	0.69mi
7500 6th Ave NW Unit 356 Seattle, WA	1.0	1.0	500	$1,595	$3.19	0d	1	0.74mi
8500 Linden Ave N Seattle, WA	1.0	1.0	625	$1,445	$2.31	57d	1	0.75mi
718 N 85th St Unit A Seattle, WA	1.0	1.0	452	$1,300	$2.88	0d	1	0.75mi
718 N 85th St Unit B Seattle, WA	1.0	1.0	702	$1,650	$2.35	54d	1	0.75mi
922 N 85th St Seattle, WA	1.0	1.0	675	$1,525	$2.26	0d	1	0.75mi
1901 N 80th St Unit 3 Seattle, WA	1.0	1.0	350	$1,480	$4.23	0d	1	0.75mi

Property features AI

Finance

• Other: Building area reported around 3,275 sq ft
• Financial info: Total of 5 units with a low reported vacancy rate (2%)Gross scheduled income approximately $106,380Gross adjusted income approximately $106,016Total monthly income about $8,865Net operating income about $73,738Total expenses approx. $32,278.06Gross rent multiplier about 11.28Typical listing terms: Cash or Conventional
• HOA & community: No HOA information provided

Exterior

• Parking: No specific parking details provided
• Security: No specific security features provided
• Utilities: Electric energy sourcePublic water (Seattle PUD)Sewer connected (Seattle PUD)Power provided by Seattle City Light
• Home design: Multi-family property (5 units)2 storiesResidential income propertyVery good condition
• Construction: Built circa 1925 (effective year)Cement plank sidingComposition roofPoured concrete foundation
• Exterior features: Cement-planked exteriorDeckCorner lot with curbs, paved streets and sidewalkHas view

Interior

• Kitchen: Ranges/ovens in all unitsRefrigerators in all unitsDishwashers in select units (some units equipped, others not)
• Bedrooms: One 3-bedroom unitFour 1-bedroom units
• Flooring: HardwoodLaminateVinylCarpet
• Bathrooms: Each unit has 1 bathroom
• Heating & cooling: Baseboard heatingNo central cooling
• Interior features: Thermal windowsStorage
• Laundry & utility: Coin-op laundry (shared)

Listing history 50 events

1. 2026-09-21
   days on market $1,199,950 Active
2. 2026-09-20
   days on market $1,199,950 Active 51 DOM
3. 2026-09-19
   days on market $1,199,950 Active 50 DOM
4. 2026-09-18
   days on market $1,199,950 Active 49 DOM
5. 2026-09-17
   days on market $1,199,950 Active 48 DOM
6. 2026-09-16
   days on market $1,199,950 Active 47 DOM
7. 2026-09-15
   days on market $1,199,950 Active 46 DOM
8. 2026-09-14
   days on market $1,199,950 Active 45 DOM
9. 2026-09-13
   days on market $1,199,950 Active 44 DOM
10. 2026-09-12
    days on market $1,199,950 Active 43 DOM
11. 2026-09-11
    days on market $1,199,950 Active 42 DOM
12. 2026-09-06
    days on market $1,199,950 Active 37 DOM
13. 2026-09-05
    days on market $1,199,950 Active 36 DOM
14. 2026-09-04
    days on market $1,199,950 Active 35 DOM
15. 2026-09-03
    days on market $1,199,950 Active 34 DOM
16. 2026-09-02
    days on market $1,199,950 Active 33 DOM
17. 2026-08-31
    days on market $1,199,950 Active 31 DOM
18. 2026-08-30
    days on market $1,199,950 Active 30 DOM
19. 2026-08-29
    days on market $1,199,950 Active 29 DOM
20. 2026-08-28
    days on market $1,199,950 Active 28 DOM
21. 2026-08-27
    days on market $1,199,950 Active 27 DOM
22. 2026-08-26
    days on market $1,199,950 Active 26 DOM
23. 2026-08-25
    days on market $1,199,950 Active 25 DOM
24. 2026-08-24
    days on market $1,199,950 Active 24 DOM
25. 2026-08-23
    days on market $1,199,950 Active 23 DOM
26. 2026-08-22
    days on market $1,199,950 Active 22 DOM
27. 2026-08-21
    days on market $1,199,950 Active 21 DOM
28. 2026-08-20
    days on market $1,199,950 Active 20 DOM
29. 2026-08-19
    days on market $1,199,950 Active 19 DOM
30. 2026-08-18
    days on market $1,199,950 Active 18 DOM
31. 2026-08-17
    days on market $1,199,950 Active 17 DOM
32. 2026-08-16
    days on market $1,199,950 Active 16 DOM
33. 2026-08-15
    days on market $1,199,950 Active 15 DOM
34. 2026-08-14
    days on market $1,199,950 Active 14 DOM
35. 2026-08-13
    days on market $1,199,950 Active 13 DOM
36. 2026-08-12
    days on market $1,199,950 Active 12 DOM
37. 2026-08-11
    days on market $1,199,950 Active 11 DOM
38. 2026-08-10
    days on market $1,199,950 Active 10 DOM
39. 2026-08-09
    days on market $1,199,950 Active 9 DOM
40. 2026-08-08
    days on market $1,199,950 Active 8 DOM
41. 2026-08-07
    days on market $1,199,950 Active 7 DOM
42. 2026-08-06
    days on market $1,199,950 Active 6 DOM
43. 2026-08-05
    days on market $1,199,950 Active 5 DOM
44. 2026-08-04
    days on market $1,199,950 Active 4 DOM
45. 2026-08-03
    days on market $1,199,950 Active 3 DOM
46. 2026-08-01
    remarks 699-char remark
47. 2026-08-01
    pricedays on marketlisting id $1,199,950 Active 1 DOM
48. 2026-07-03
    days on market $1,349,950 Active 233 DOM
49. 2026-07-02
    days on market $1,349,950 Active 232 DOM
50. 2026-07-01
    days on market $1,349,950 Active 231 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥86°F today · 15 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 7/10 Severe 10 unhealthy d/yr today · 11 by 30 yrs out

Taxation est. · year 1

• Rental income: $92,076
• − Mortgage interest: −$67,216
• − Property taxes: −$17,999
• − Insurance: −$6,000
• − Repairs & maintenance: −$7,366
• − Management: −$7,366
• − Depreciation: −$34,908
• Taxable loss: −$48,779
• Est. tax savings @ 24.0%: +$11,707
• After-tax cash flow: $-15,064/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 12 photos

Good 75/100 Cosmetic rehab Est. rehab $16,375–$49,125 screening

This 5-unit property in a prime location near Green Lake offers good condition with cosmetic updates needed. Modernizing the kitchen and landscaping would significantly increase its value.

Repairs flagged

• Minor kitchen cabinets — dated and could be replaced
• Minor kitchen appliances — small and outdated

Value-add opportunities

• Both modernize kitchen — enhances both resale and rental value ↑
• Rental landscaping — improves curb appeal and rental potential ↑

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

Zoned Schools

Elementary Licton Springs K-8 Middle Robert Eagle Staff Middle School High Ingraham High School

Schools (NCES district)

• District: Seattle Public Schools
• NCES district ID: 5307710
• Math proficiency: 64% ▼ -1.00%
• Reading proficiency: 72% ▬ 0.00%
• Median HH income: $68,695
• Composite: 60.76/100
• National rank: #1649
• State rank: #19 of 291 in WA

B Composite livability gradescore 75/100

Livability — Seattle

• Score: 75/100
• State rank: #166
• US rank: #4033

Category grades

Amenities A+ Commute A+ Cost of living F Crime F Employment A+ Housing B Health & safety A+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Seattle, WA
• County: King County · 2,576,485 people
• City population: 706,262
• Metro: Seattle-Tacoma-Bellevue, WA
• Population (ZIP): 52,671
• Household income: $131,154
• Rent vs Own: 55.6% rent · 44.4% own
• Severe rent burden: 9% of renters

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Population outlook (King County) Hauer SSP2

• Today (2025): 2,576,485 people
• By 2030: 2,803,316 · +8.8%
• By 2040: 3,255,921 · +26.4%
• By 2050: 3,706,444 · +43.9%
• By 2075: 4,746,063 · +84.2%
• By 2100: 5,407,730 · +109.9%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (70%)
• Race & ethnicity: White 70% Two or more races 11% Asian 11% Hispanic / Latino 8% Black 3%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Italian 4% Portuguese 4% Romanian 3%
• Foreign-born: 15% · Canada, China, South Korea
• Languages at home: 83% English-only · Spanish 4% Other Indo-European 3% Chinese 2%

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Political lean MEDSL · King

• 2024 margin: Solid D (+51.7) · D 74.2% · R 22.5% · Other 3.4%
• 2008→2024 swing: +9.6pp toward D · 2008: 42.1pp · 2024: 51.7pp
• All cycles: 2024: D+51.7 2020: D+52.7 2016: D+50.4 2012: D+39.9 2008: D+42.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -1970.58%
• Current HPI: 314.4545
• Rent YoY: ▲ 2.20%
• Metro: Seattle-Tacoma-Bellevue, WA
• State GDP YoY: ▲ 4.65%
• F500 in state: 22

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Industry mix (Fortune 500 HQ in WA)

Industry	F500 HQs	Revenue
▸Retail	2	$269B
▸Technology / Retail	1	$638B
▸Technology	1	$245B
▸Telecommunications	1	$38B
▸Food / Beverage	1	$36B
▸Automotive / Trucks	1	$34B

Property features AI

Finance

• Other: Building area reported around 3,275 sq ft
• Financial info: Total of 5 units with a low reported vacancy rate (2%)Gross scheduled income approximately $106,380Gross adjusted income approximately $106,016Total monthly income about $8,865Net operating income about $73,738Total expenses approx. $32,278.06Gross rent multiplier about 11.28Typical listing terms: Cash or Conventional
• HOA & community: No HOA information provided

Exterior

• Parking: No specific parking details provided
• Security: No specific security features provided
• Utilities: Electric energy sourcePublic water (Seattle PUD)Sewer connected (Seattle PUD)Power provided by Seattle City Light
• Home design: Multi-family property (5 units)2 storiesResidential income propertyVery good condition
• Construction: Built circa 1925 (effective year)Cement plank sidingComposition roofPoured concrete foundation
• Exterior features: Cement-planked exteriorDeckCorner lot with curbs, paved streets and sidewalkHas view

Interior

• Kitchen: Ranges/ovens in all unitsRefrigerators in all unitsDishwashers in select units (some units equipped, others not)
• Bedrooms: One 3-bedroom unitFour 1-bedroom units
• Flooring: HardwoodLaminateVinylCarpet
• Bathrooms: Each unit has 1 bathroom
• Heating & cooling: Baseboard heatingNo central cooling
• Interior features: Thermal windowsStorage
• Laundry & utility: Coin-op laundry (shared)

Price history

1 event — show timeline

• 2026-07-29 Listed $1,199,950 NWMLS as Distributed by MLS Grid