711 21st Avenue, Seattle, WA 98122 (MLS # 2417426)

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Listing provided courtesy of Northwest MLS; Westlake Associates, Inc.

PRICE $2,295,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 6,036 sqft
LOT SIZE 7,201 sqft

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 6.7%+. 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.

LAST UPDATED 8/6/2025 NEIGHBORHOOD Central Area
YEAR BUILT 1900 COMMUNITY Central Area
COUNTY King STATUS Active
PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
AIR None
AREA 390 - Central Seattle
CONSTRUCTION Wood Siding
HEAT Electric
LOT 7200 sq ft
LOT DESCRIPTION Alley, Curbs, Paved, Sidewalk
MLS STATUS Active
STORIES 3
STYLE 55 - 5-9 Units
SUBDIVISION Central Area
TAXES 19368
UTILITIES Sewer Connected
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 8/7/25 12:01 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.

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