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$999,000

For Sale

18 days ago

10443 17Th Ave Sw, Seattle, WA

House

MLS® 2502279

0 Bed

0 Bath

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12 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage 
Taxes $3,360
Days Active 18
Lot Size 
Approx. Age 1969
MLS® Number 2502279

Property Address: 10443 17th Ave Sw, Seattle, WA, 98146-1311

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional opportunity to acquire a fully renovated, income-producing 4-plex in Seattle’s highly competitive 98146 rental corridor. Priced aggressively under $1M, this stabilized multifamily asset is expected to generate **strong immediate interest and multiple offers** due to its turnkey condition, income stability, and limited availability of similar assets in this price range. Comprehensively renovated in 2025, the property features four well-designed 2BD/1BA units, each offering strong tenant appeal, in-unit washer/dryer, private outdoor space (decks/patios/yards), and reserved parking. All units are occupied by stable long-term tenants at $1, 800/month, producing $86, 400 in annual gross income with a NOI of approximately $68, 354, reflecting a 6.84% cap rate with clear upside potential. Market rents in the area continue trending toward $1, 950+/month, providing immediate and achievable rent-growth upside without additional capital improvements. The property benefits from consistent rental demand driven by proximity to employment centers, transit access, neighborhood amenities. The 98146 corridor continues to experience strong investor demand due to limited inventory of renovated small multifamily assets. This is a **true turnkey, low-maintenance investment** ideal for buy-and-hold investors, house hackers, and 1031 exchange buyers seeking immediate deployment of capital in a stabilized asset with upside. Financials, rent roll, and expense breakdown available upon request.
MLS® Number2502279
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1969
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 3, 2026List Date
$999,000List Price
  • Commute

Commute

Starting Address
Destination Address
10443 17Th Ave Sw, Seattle, WA

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