812 29th Avenue S Seattle WA 98144 MLS #NWM2310424

Listing Provided Courtesy of COMPASS
Rare Investment Opportunity in Desirable Leschi! Don’t miss this exceptional 8-unit multifamily property in sought-after Leschi, featuring three tax parcels totaling 14,980 sq ft with strong cash flow and the opportunity to add value. Multiple development options as well! Each 2-bedroom, 1-bath unit provides 800 sq ft of living space, with garage rental options and several updated units for added appeal. Amenities include an 824 sq ft shop with water and power, offering ADU conversion potential, six rentable garages, and a coin-operated laundry room. The property also boasts a vacant buildable lot for future growth, allowing rental income on current units while exploring new construction possibilities. Schedule a private tour today!

Property Details

Price:
$2,700,000
MLS #:
NWM2310424
Status:
Active
Beds:
0
Baths:
0
Address:
812 29th Avenue S
Type:
Multi Family
Subdivision:
Leschi
Neighborhood:
390 – Central Seattle
City:
Seattle
Listed Date:
Nov 14, 2024
State:
WA
Finished Sq Ft:
6,408
Total Sq Ft:
6,408
ZIP:
98144
Year Built:
1963
Units:
8

Schools

School District:
Seattle
Elementary School:
Thurgood Marshall El
Middle School:
Wash Mid
High School:
Garfield High

Interior

Cooling
Ductless H P- Mini Split, None
Heating
Ductless H P- Mini Split, Forced Air

Exterior

Construction Materials
Stucco, Wood
Exterior Features
Stucco, Wood Products
Parking Features
R V Parking
Parking Spots
8
Roof
Flat

Financial

Net Operating Income
$120,080
Tax Year
2024
Taxes
$30,117

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812 29th Avenue S
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