$1,699,950
9265 57th Avenue S, Seattle, WA 98118
4,590 Sq Ft
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MLS #2548973 / Listing provided by NWMLS & eXp Realty.

$1,699,950

9265 57th Avenue S
Seattle, WA 98118

Active 23 hours ago
4,590
Sq Ft
$370
Per Sq Ft
1923
Year Built

Exceptional value-add investment opportunity in Seattle's evolving Rainier Beach neighborhood, just moments from Lake Washington. This 7-unit multifamily property features an ideal unit mix of four 2-bedroom/1-bath units and three 1-bedroom/1-bath units, providing strong in-place income with additional revenue from on-site coin-operated laundry. Current ownership has maintained consistent occupancy while offering the next owner the opportunity to enhance value through cosmetic unit updates as vacancies occur. Investors will appreciate the potential to improve rental income over time while benefiting from immediate cash flow. Situated on an NC155(M)-zoned lot with six tandem parking spaces accommodating up to 12 vehicles, the property also offers long-term redevelopment potential (buyer to verify). Conveniently located near Lake Washington, transit, neighborhood restaurants, shopping, and ongoing community investment, this is a rare opportunity to acquire a well-performing asset with multiple avenues for future growth. Some interior photos have been virtually staged for illustrative purposes only. Virtual staging is limited to furnishings and décor.

Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.

Interior Features

Bedrooms

  • Upper Level Bedrooms: 0

Fireplaces

  • Total Fireplaces: 0

Heating & Cooling

  • Heating: Yes
  • Cooling: No
Exterior Features

Parking

  • Garage Spaces: 0
  • Parking Total: 12
  • Total Uncovered Parking Spaces: 12

Structure

  • Roof: Flat, Torch Down
  • Exterior Features: Brick, Wood, Wood Products
  • Foundation: Poured Concrete

Lot Details

  • Lot Features: Paved, Sidewalk
  • Acres: 0.1085
  • Foundation: Poured Concrete
Area Features

Schools

  • High School District: Seattle

Lot Details

  • Lot Features: Paved, Sidewalk
  • Acres: 0.1085
  • Foundation: Poured Concrete
Utilities

Power

  • Energy Source: Electric
  • Power Company: Seattle City Light

Water, Sewer, and Garbage

  • Sewer Company: Seattle Public Utilities
  • Sewer: Sewer Connected
  • Water Company: Public
  • Water, Sewer, and Garbage: 12600
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