711 21st Avenue Seattle WA 98122 MLS #NWM2417426

MLS #NWM2417426 image #0MLS #NWM2417426 image #1MLS #NWM2417426 image #2MLS #NWM2417426 image #3MLS #NWM2417426 image #4MLS #NWM2417426 image #5MLS #NWM2417426 image #6MLS #NWM2417426 image #7MLS #NWM2417426 image #8MLS #NWM2417426 image #9MLS #NWM2417426 image #10MLS #NWM2417426 image #11MLS #NWM2417426 image #12
Listing Provided Courtesy of Westlake Associates, Inc.
Rare Central District 6-Unit w/ Upside + LR2 Rezone Potential Exciting opportunity to own a well-located 6-unit in one of Seattle’s most dynamic neighborhoods. Sits on a 7,200 SF lot with proposed LR2 zoning, offering solid in-place income plus redevelopment potential. Mix of 2-, 3-, and rare 4-bedroom layouts. Major 2018 updates include rebuilt units, PEX plumbing, new electrical panels, vinyl siding/windows, and torchdown roof. Boost income with cosmetic upgrades, RUBS, and parking fees, pro forma cap rate of 8.1%+. Shared outdoor patio and surface parking add tenant appeal. Blocks to future light rail, Seattle U, and Swedish Cherry Hill. Professionally managed and maintained, a rare blend of income, location, and future flexibility.
Current real estate data for Multi Family in Seattle as of Nov 22, 2025
192
Multi Family Listed
104
Avg DOM
442
Avg $ / SqFt
$1,997,866
Avg List Price

Property Details

Price:
$1,995,000
MLS #:
NWM2417426
Status:
Active
Beds:
18
Baths:
8
Type:
Multi Family
Subdivision:
Central Area
Neighborhood:
390centralseattle
Listed Date:
Aug 6, 2025
Finished Sq Ft:
6,036
Total Sq Ft:
6,036
Lot Size:
7,200 sqft / 0.17 acres (approx)
Year Built:
1900
Units:
6
390 – Central Seattle390centralseattleCentral AreaSeattle

Schools

School District:
Seattle

Interior

Cooling
None
Flooring
Ceramic Tile, Vinyl Plank, Carpet
Heating
Wall Unit(s)

Exterior

Construction Materials
Wood
Exterior Features
Wood
Parking Spots
6
Roof
Torch Down
Security Features
Partially Fenced

Financial

Net Operating Income
$115,664
Tax Year
2025
Taxes
$19,368

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Property Summary

    Located in the Central Area subdivision, 711 21st Avenue Seattle WA is a Multi Family for sale in Seattle, WA, 98122. It is listed for $1,995,000 To schedule a showing of MLS#nwm2417426 at 711 21st Avenue in Seattle, WA, contact your HomeSmart One Realty agent at 425-218-4178.

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