7546 24th Avenue NW, Seattle, WA 98117

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Listing Broker: COMPASS; Michael Green; 917-873-3497; iam@seattlegreenandco.com

List Price
$999,000
Status
ACTIVE
MLS#
2580142
Price Change
▼ $226,000 1790540830
Days on Market
17
Style
52 - Duplex
Finished SqFt
1,880
Area Total SqFt
1880
Annual Tax Ammount
923.85
Lot Size (sq ft)
4,115
Sewer
Sewer Connected

Property Description

A few short blocks from Loyal Heights Park, this classic brick duplex offers a practical way to make homeownership work harder. Each of the two side-by-side residences has 2 bedrooms, 1 bath, its own garage, and private backyard space. Live in one home and rent the other to help offset your mortgage, or enjoy the flexibility of space for extended family, guests, or a home office. Each residence also has a flexible lower level suited to a media room, workout space, office, or additional sleeping area. Zoned LR3, the property offers potential for future multifamily redevelopment, subject to buyer verification. Close to Larsen’s Bakery, Beast & Cleaver, The Fish Store, The Mailbox, and other Loyal Heights favorites, this is an opportunity to pair a home of your own with rental income and long-term flexibility.

Additional Information

List Date
2026-09-27 15:13:12
Community
Loyal Heights
Net Operating Income
$59,883
Gross Adjusted Income
$61,200
Gross Scheduled Income
$61,200
Total Monthly Income
$5,100
Insurance Expenses
$127
Water/Sewer/Garbage Expenses
$265
Gross Rent Multiplier
16
Total Expenses
$1,316
Cap Rate
16.8
Total Number of Units
2
Unit Name
7546
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1954
View
Territorial
Roof
Composition
Site Features
Fenced-Fully
Energy Source
Electric
School District
Seattle
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$5,100
Gross Scheduled Income
$61,200
Gross Adjusted Income
$61,200
Tax Year
2025
Insurance Expense
$127
W/S/G Expenses
$265
Total Expenses
$1,316
Net Operating Income
$59,883
Gross Rent Multiplier
16
Cap Rate
16.8
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.
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