8440 Delridge Way SW Seattle WA 98106 MLS #NWM2418028

Listing Provided Courtesy of Northmarq Multifamily, LLC
We are pleased to present the Delridge Apartments, a well-maintained 1987 4-Plex located in Seattle, WA. This property features spacious, 2-bedroom, 1-bath floor plans with full size in-unit laundry averaging 865 SF. Unit 4 was recently remodeled and rented within 2 days at $1995 + utilities proving substantial upside to the remaining units. The other 3 units are currently rented for $1,600 each and no utility bill back. With market rents exceeding current levels, there is a clear path to increase average rents by approximately $500/unit, $1500/month total. There are 4 parking spaces, with room for tandem parking for a total of 8, as well as street parking.

Property Details

Price:
$1,250,000
MLS #:
NWM2418028
Status:
Active
Beds:
0
Baths:
0
Address:
8440 Delridge Way SW
Type:
Multi Family
Subdivision:
Westwood
Neighborhood:
140 – West Seattle
City:
Seattle
Listed Date:
Aug 6, 2025
State:
WA
Finished Sq Ft:
3,460
Total Sq Ft:
3,460
ZIP:
98106
Lot Size:
5,199 sqft / 0.12 acres (approx)
Year Built:
1987
Units:
4

Schools

School District:
Seattle

Interior

Cooling
None
Flooring
Vinyl, Vinyl Plank, Carpet
Heating
Baseboard

Exterior

Construction Materials
Metal/ Vinyl
Exterior Features
Metal/ Vinyl
Parking Spots
4
Roof
Composition
Security Features
Partially Fenced

Financial

Net Operating Income
$58,628
Tax Year
2025
Taxes
$9,835

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8440 Delridge Way SW
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