2600 2634 Thorndyke Avenue W Seattle WA 98199 MLS #NWM2446245

MLS #NWM2446245 image #0MLS #NWM2446245 image #1MLS #NWM2446245 image #2MLS #NWM2446245 image #3MLS #NWM2446245 image #4MLS #NWM2446245 image #5MLS #NWM2446245 image #6
Listing Provided Courtesy of Paragon Real Estate Advisors
Opportunities are Abundant! The Magnolia Portfolio offers a new investor the ability to acquire a 5 building assemblage suitable for a value add opportunity located in a core Seattle area. The current arrangement offers 41 residential units plus 2 commercial spaces and a single family house. All together the assemblage represents 48,462 square feet of LR3 (M) zoned dirt. The property is suitable for immediate development as multiple asset types depending on need allowing a new owner to operate the assets “as is” while navigating the permit process to maintain cash flow.
Current real estate data for Multi Family in Seattle as of Oct 27, 2025
199
Multi Family Listed
95
Avg DOM
459
Avg $ / SqFt
$2,061,587
Avg List Price

Property Details

Price:
$9,250,000
MLS #:
NWM2446245
Status:
Active
Beds:
44
Baths:
41
Type:
Multi Family
Subdivision:
Magnolia
Neighborhood:
700queenannemagnolia
Listed Date:
Oct 20, 2025
Finished Sq Ft:
25,724
Total Sq Ft:
25,724
Lot Size:
48,462 sqft / 1.11 acres (approx)
Year Built:
1947
Units:
43
700 – Queen Anne/magnolia700queenannemagnoliaMagnoliaSeattle

Schools

School District:
Seattle

Interior

Cooling
None
Flooring
Vinyl, Carpet
Heating
Baseboard

Exterior

Construction Materials
Concrete, Wood
Exterior Features
Cement/Concrete, Wood Products
Parking Spots
20
Roof
Flat

Financial

Net Operating Income
$450,187
Tax Year
2025
Taxes
$87,742

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Property Summary

    Located in the Magnolia subdivision, 2600 2634 Thorndyke Avenue W Seattle WA is a Multi Family for sale in Seattle, WA, 98199. It is listed for $9,250,000 To schedule a showing of MLS#nwm2446245 at 2600 2634 Thorndyke Avenue W in Seattle, WA, contact your HomeSmart One Realty agent at 425-218-4178.

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