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LCR
5222 -36 Delridge Way SW, Seattle, WA 98106
- $3,500,000
- 8,682
- SqFt
Listing Broker: John L Scott RE West Seattle; Jonn McYnturff; 206-227-2772; mcynturff@hotmail.com
- List Price
- $3,500,000
- Status
- ACTIVE
- MLS#
- 2495909
- Days on Market
- 129
- Style
- 56 - 10+ Units
- Finished SqFt
- 8,682
- Area Total SqFt
- 8682
- Annual Tax Ammount
- 31940
- Lot Size (sq ft)
- 23,760
- Sewer
- Sewer Connected
Property Description
Rare development opportunity on Delridge Way SW offering both multifamily and for-sale residential potential. Five parcels combine for approx. 23,760 SF with nearly 200 feet of frontage, alley access and NC2P-55(M) zoning. In addition to a traditional mixed-use/multifamily concept, explore a townhome-focused plan incorporating street-front live/work residences along Delridge with conventional townhomes positioned behind. The live/work concept could pair ground-floor commercial space with a multi-level residence above, creating individually saleable units while addressing required street-level commercial frontage. Similar live/work/townhome designs have been successfully developed along other West Seattle commercial corridors. Existing 15 units provide income while evaluating redevelopment options. With strong access to transit, West Seattle amenities, downtown and major employment centers, this sizable assemblage offers flexibility for builders and developers seeking a creative path to maximize the site. Buyer to verify zoning, development standards, unit yield, commercial requirements and feasibility.
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Additional Information
- List Date
- 2026-05-25 23:20:13
- Community
- Delridge
- Net Operating Income
- $39,933
- Gross Adjusted Income
- $54,480
- Gross Scheduled Income
- $54,480
- Total Monthly Income
- $4,540
- Insurance Expenses
- $8,777
- Water/Sewer/Garbage Expenses
- $16,174
- Gross Rent Multiplier
- 64
- Total Expenses
- $94,413
- Vacancy Rate
- 66
- Total Number of Units
- 15
- Unit Name
- 5222 -36
- Potential Terms
- Cash
- Year Built
- 1966
- Roof
- Composition
- Electric Expenses
- 1744
- Other Expenses
- 35778
- Energy Source
- Electric, Natural Gas
- School District
- Seattle
- Elementary School
- Fairmount Park
- Middle School
- Madison Mid
- High School
- West Seattle High
- Total Monthly Income
- $4,540
- Gross Scheduled Income
- $54,480
- Vacancy Rate
- 66
- Gross Adjusted Income
- $54,480
- Tax Year
- 2026
- Insurance Expense
- $8,777
- W/S/G Expenses
- $16,174
- Total Expenses
- $94,413
- Net Operating Income
- $39,933
- Gross Rent Multiplier
- 64
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.