163 Etruria Street, Seattle, WA 98109
- $2,395,000
- 7,475
- SqFt
Listing courtesy of Kidder Mathews.
- List Price
- $2,395,000
- Status
- ACTIVE
- MLS#
- 2584915
- Days on Market
- 0
- Style
- 55 - 5-9 Units
- Building Condition
- Good
- Finished SqFt
- 7,475
- Area Total SqFt
- 7475
- Annual Tax Ammount
- 24254
- Lot Size (sq ft)
- 7,190
- Sewer
- Sewer Connected
Property Description
Exceptional investment opportunity in Seattle’s North Queen Anne neighborhood! 163 Etruria is a 9-unit apartment building featuring spacious one-bedroom, one-bathroom residences averaging 831 square feet. Built in 1975, the property offers approximately 7,475 net rentable square feet, shared laundry facilities, and off-street parking. Ideally situated near Fremont, Seattle Pacific University, and the Fremont Cut, residents enjoy convenient access to dining, shopping, entertainment, and major employment centers. Investors have an opportunity to increase income through unit renovations, rental growth, utility reimbursements, and parking revenue. Offered at $2,395,000 with a 6.13% in-place cap rate, the property presents an opportunity to acquire a well-located multifamily asset with value-add potential.
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Additional Information
- List Date
- 2026-09-18 23:43:13
- Community
- Queen Anne
- Net Operating Income
- $146,839
- Gross Adjusted Income
- $191,845
- Gross Scheduled Income
- $190,107
- Total Monthly Income
- $16,342
- Insurance Expenses
- $6,577
- Water/Sewer/Garbage Expenses
- $3,259
- Gross Rent Multiplier
- 16
- Total Expenses
- $45,005
- Cap Rate
- 6.1
- Total Number of Units
- 1
- Unit Name
- 163
- Potential Terms
- Cash, Conventional
- Year Built
- 1975
- View
- City
- Roof
- Flat
- Electric Expenses
- 3259
- Other Expenses
- 4398
- Energy Source
- Electric
- School District
- Seattle
- Total Monthly Income
- $16,342
- Gross Scheduled Income
- $190,107
- Gross Adjusted Income
- $191,845
- Tax Year
- 2026
- Insurance Expense
- $6,577
- W/S/G Expenses
- $3,259
- Total Expenses
- $45,005
- Net Operating Income
- $146,839
- Gross Rent Multiplier
- 16
- Cap Rate
- 6.1
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.