1748 S Hanford Street, Seattle, WA 98144
- $1,860,000
- 6,538
- SqFt
Listing courtesy of Kidder Mathews. Selling Office: ZNonMember-Office-MLS.
- Sold Price
- $1,860,000
- List Price
- $2,000,000
- Status
- SOLD
- MLS#
- 2425431
- Closing Date
- Dec 18, 2025
- Days on Market
- 10
- Style
- 55 - 5-9 Units
- Finished SqFt
- 6,538
- Area Total SqFt
- 6538
- Annual Tax Ammount
- 21087
- Lot Size (sq ft)
- 13,267
- Sewer
- Sewer Connected
Property Description
Built in 1928, Hanford Court features Tudor Revival style architecture and sits on a prominent corner lot at the crossroads of Beacon Avenue and South Hanford Street. Floor plans at Hanford Court are classically designed, averaging ±722 square feet across a mix of eight one-bedroom units and one studio. Residents benefit from an urban-paced lifestyle in a transit-oriented location. The buildings sit on a ±13,267 square foot corner lot zoned NC1P-55 which has a maximum building height of 55’ and Floor Area Ratio of 3.75. A recent yield study from a local architect suggests multiple redevelopment options including a 61-unit apartment building or 16-unit townhome-style condominium development.
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Additional Information
- List Date
- 2025-12-08 00:00:00
- Community
- Beacon Hill
- Net Operating Income
- $84,006
- Gross Adjusted Income
- $153,159
- Gross Scheduled Income
- $161,220
- Total Monthly Income
- $13,435
- Insurance Expenses
- $6,491
- Water/Sewer/Garbage Expenses
- $17,467
- Gross Rent Multiplier
- 12.4
- Total Expenses
- $69,152
- Cap Rate
- 4.2
- Vacancy Rate
- 5
- Total Number of Units
- 9
- Unit Name
- 1748
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1928
- Roof
- Composition, Flat
- Other Expenses
- 24107
- Energy Source
- Electric
- School District
- Seattle
- Elementary School
- Kimball
- Middle School
- Wash Mid
- High School
- Franklin High
- Total Monthly Income
- $13,435
- Gross Scheduled Income
- $161,220
- Vacancy Rate
- 5
- Gross Adjusted Income
- $153,159
- Tax Year
- 2025
- Insurance Expense
- $6,491
- W/S/G Expenses
- $17,467
- Total Expenses
- $69,152
- Net Operating Income
- $84,006
- Gross Rent Multiplier
- 12.4
- Cap Rate
- 4.2
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.