2515 Belvidere Avenue SW -2120 Seattle WA 98126 MLS #NWM2326656

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Listing Provided Courtesy of Berkshire Hathaway HS NW
ONCE IN A LIFETIME INVESTMENT OPPORTUNITY: Welcome to North Admiral, one of West Settle’s premier locations and home to “The Sasonoff 13 Unit Apartment Complex”. A combination of four duplexes and a five unit Apartment building on 9 platted lots. Great numbers with an actual annual GSI of $276,660.00. With $63,860 in annual Expenses (23%), this is a true performing 4.63% Capitalization Rate. Family owned and well managed for over 40 years. Each of the three Duplex’s offers decks. There is a one car detached garage owner uses for storage/tools (additional income?) and coin op laundry facilities. 18,362 Sq. feet of NR3 Zoned property. Please call helpful listing agent for access details, showings and financials.
Current real estate data for Multi Family in Seattle as of Sep 10, 2025
193
Multi Family Listed
95
Avg DOM
461
Avg $ / SqFt
$1,920,895
Avg List Price

Property Details

Price:
$4,600,000
MLS #:
NWM2326656
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subdivision:
North Admiral
Neighborhood:
140 – West Seattle
Listed Date:
Feb 4, 2025
Finished Sq Ft:
8,705
Total Sq Ft:
8,705
Lot Size:
18,362 sqft / 0.42 acres (approx)
Year Built:
1937
Units:
13
Wsl&i Cos Replat140 – West Seattle140 – West SeattleNorth AdmiralSeattleLafayetteMadison MidWest Seattle High

Schools

School District:
Seattle
Elementary School:
Lafayette
Middle School:
Madison Mid
High School:
West Seattle High

Interior

Cooling
None
Flooring
Hardwood, Vinyl, Carpet
Heating
Baseboard

Exterior

Construction Materials
Brick, Wood
Exterior Features
Brick, Wood
Parking Spots
16
Roof
Composition

Financial

Net Operating Income
$212,800
Tax Year
2024
Taxes
$32,362

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Property Summary

    Located in the North Admiral subdivision, 2515 Belvidere Avenue SW -2120 Seattle WA is a Multi Family for sale in Seattle, WA, 98126. It is listed for $4,600,000 To schedule a showing of MLS#nwm2326656 at 2515 Belvidere Avenue SW -2120 in Seattle, WA, contact your HomeSmart One Realty agent at 425-218-4178.

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2515 Belvidere Avenue SW -2120
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