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4207 S Bateman Street | Image 2
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4207 S Bateman Street | Image 7

$895,000

For Sale

5 hours ago

4207 S Bateman Street, Seattle, WA

House

MLS® 2521049

0 Bed

0 Bath

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6 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage 
Taxes $8,842
Days Active 0
Lot Size 
Approx. Age 1952
MLS® Number 2521049

Property Address: 4207 S Bateman Street, Seattle, WA, 98118

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

Description

Fully occupied, income-producing Seattle triplex delivering immediate cash flow with stable rents already in place and a clear path to higher returns. This well-maintained asset features one-year leases with reliable tenants, providing predictable in-place income and stable occupancy from day one. A future utility restructuring creates a realistic opportunity to improve operations and increase returns, with the property currently operating at a 4.35% cap rate and the potential to reach an estimated 6.63% pro forma cap rate at the current list price. Ask for the Investment Snapshot. Ideally located in the desirable Rainier Valley corridor between Hillman City and Brighton, the property offers quick access to Rainier Ave S, I-5, I-90, public transit, cafés, parks, schools, and major employment centers. This turnkey investment is ideal for local, out-of-area, or 1031 exchange buyers seeking a well-leased Seattle multifamily asset with immediate revenue, long-term appreciation potential, and a visible NOI growth strategy. Buyer to comply with all Washington and Seattle tenant-protection laws and honor existing leases. Financials, rent roll, and maintenance history available upon request.
MLS® Number2521049
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1952
Basement
DrivewayRV Parking
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 11, 2026List Date
$895,000List Price
  • Commute

Commute

Starting Address
Destination Address
4207 S Bateman Street, Seattle, WA

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