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$2,400,000

For Sale

A day ago

3510 W Elmore St, Seattle, WA

House

MLS® 2537323

0 Bed

0 Bath

--

8 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage 
Taxes $22,734
Days Active 1
Lot Size 
Approx. Age 1968
MLS® Number 2537323

Property Address: 3510 W Elmore St, Seattle, WA, 98199-1359

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

Description

We are pleased to present Twin Cedars Apartments, an 8-unit apartment built in 1968 in Seattle’s coveted Magnolia neighborhood, within steps of Discovery Park. The building offers 31BD averaging 732SF and 5 2BD averaging 967SF, with efficient floor plans. With 2BD units comprising 63% of the building, the unit mix is squarely aligned with the unit type that drives the strongest tenant demand and longest retention across Seattle’s rental market. _of the 8 units have been updated with stone countertops and LVP flooring, delivering a modernized interior foundation. Roof replaced and cedar siding resided in 2020 keep the exterior in sound condition, and a newly improved bike storage room adds a practical amenity that current ownership has not yet monetized. Parking income similarly remains uncaptured, giving a new owner immediate, low-effort revenue opportunities from day one. Twin Cedars operates with discipline already in place. RUBS and pet rent keep utility costs off the owner’s bottom line, and a stable, long-tenured tenant base reflects both the building’s quality and the neighborhood’s enduring appeal. With in-place rents close to market, the clearest path to income growth is the addition of in-unit laundry upon turnover. Comparable Magnolia buildings demonstrate rental premiums of 15% or more from this single upgrade, and combined with parking and bike storage activation, the income levers are identified, accessible, and ready for a new owner to execute.
MLS® Number2537323
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1968
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 9, 2026List Date
$2,400,000List Price
  • Commute

Commute

Starting Address
Destination Address
3510 W Elmore St, Seattle, WA

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