About this home

Rare value-add opportunity in the heart of West Seattle's Admiral District. This 8-unit multifamily property sits on a 6,750 SF LR3 RC (M) zoned lot in a designated Urban Village — with permits already in hand to expand to 10 units. Renovate the existing 1969-built structure and capture immediate rent upside, or leverage approved plans to rebuild and maximize density. Solid poured-concrete foundation, on-site parking for 8 vehicles, and Puget Sound views from upper units add lasting value regardless of path chosen. With Seattle's One Seattle Comprehensive Plan and pending Centers and Corridors legislation positioning Admiral District for continued growth, this is a rare entry point for investors seeking income today and upside tomorrow. Offered at $1,600,000. *Some pics prior to current remodel*

Exterior features

Wood

Schools

Elementary

Gatewood

Middle

Madison Mid

High

West Seattle High

Property details

Heating: Baseboard
Cooling: None
Flooring: Concrete, Vinyl, Carpet
View: Mountains, Partial, Sound, Territorial
Lot: Alley, Curbs, Paved, Sidewalk
Water source: Private
Sewer: Sewer Connected

Costs

Annual taxes: $17,162 (2025)

Estimate your monthly payment

$9,521/mo

Principal & interest: $8,090
Property taxes: $1,430

Down payment (20%) $320,000 Interest rate (%) Loan term (years)

Loan amount $1,280,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Seattle, WA 98136

Approximate location. Contact us to confirm the exact address.

Listing courtesy of KW Everett— Aaron Byrne.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

Interested in this home?

Request a private tour or ask a question — a local agent will respond personally.