2114 7th Avenue W, Seattle, WA 98119
- $2,000,000
- 3,654
- SqFt
Listing courtesy of Kidder Mathews. Selling Office: ZNonMember-Office-MLS.
- Sold Price
- $2,000,000
- List Price
- $1,700,000
- Status
- SOLD
- MLS#
- 2444677
- Closing Date
- Jan 29, 2026
- Days on Market
- 62
- Style
- 55 - 5-9 Units
- Building Condition
- Very Good
- Finished SqFt
- 3,654
- Area Total SqFt
- 3654
- Annual Tax Ammount
- 15264
- Lot Size (sq ft)
- 7,206
- Sewer
- Sewer Connected
Property Description
Exceptional opportunity to acquire five individually deeded condominium units in an A+ location surrounded by multimillion-dollar homes. Each unit averages 731 sq. ft. and can be sold separately at a premium or held as a stabilized income property. The property underwent a down-to-the-studs remodel completed in 2007 and is being offered as a receivership sale. Features include ample parking, efficient layouts, and an ideal setup for an owner-operator or investor seeking flexibility and long-term upside. NOTE - PLEASE DO NOT SHOW UP TO THE PROPERTY WITHOUT CONFIRMING AN APPOINTMENT
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Additional Information
- List Date
- 2025-11-28 00:00:00
- Community
- Queen Anne
- Net Operating Income
- $102,584
- Gross Adjusted Income
- $153,387
- Gross Scheduled Income
- $161,460
- Total Monthly Income
- $8,210
- Insurance Expenses
- $5,000
- Water/Sewer/Garbage Expenses
- $2,400
- Gross Rent Multiplier
- 10.52
- Total Expenses
- $50,803
- Cap Rate
- 6
- Vacancy Rate
- 5
- Total Number of Units
- 5
- Unit Name
- 2114
- Potential Terms
- Cash, Conventional
- Year Built
- 1927
- View
- City, Lake
- Roof
- Composition
- Site Features
- Patio
- Electric Expenses
- 2400
- Other Expenses
- 23339
- Energy Source
- Electric
- School District
- Seattle
- Total Monthly Income
- $8,210
- Gross Scheduled Income
- $161,460
- Vacancy Rate
- 5
- Gross Adjusted Income
- $153,387
- Tax Year
- 2025
- Insurance Expense
- $5,000
- W/S/G Expenses
- $2,400
- Total Expenses
- $50,803
- Net Operating Income
- $102,584
- Gross Rent Multiplier
- 10.52
- Cap Rate
- 6
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.