711 21st Avenue Seattle WA 98122 MLS #NWM2417426
711 21st Avenue
Seattle, WA, 98122
$1,995,000
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 Feb 28, 2026
150
Multi Family Listed
104
Avg DOM
444
Avg $ / SqFt
$2,249,412
Avg List Price
Property Details
Price:
$1,995,000
MLS #:
NWM2417426
Status:
Pending
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
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
Tax Year
2025
Taxes
$19,368
Map
Contact Us
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Community
- Address711 21st Avenue Seattle WA
- SubdivisionCentral Area
- CitySeattle
- CountyKing
- Zip Code98122
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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Courtesy of Westlake Associates, Inc.. Disclaimer: Based on information submitted to the MLS GRID as of Feb-27-2026 9:27:39 pm. 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.Copyright 2026. All rights reserved.
711 21st Avenue
Seattle, WA



