Prime Investment Opportunity. Family owned for over 40 years. This property has extremely low rents and LR3 zoning, with development potential for building apartments or townhomes, or renovating to easily double the rental income. Available for purchase as a single 4-plex or buy both units together (MLS 2239257). Showings are available with a signed purchase and sale agreement. Don’t miss this rare investment opportunity!
Sold
Listed by:
Brent D. Lumley,
Windermere RE Greenwood
Bought with: Kelly Right RE of Seattle LLC
$900,000
9322 Stone Avenue N, Seattle, WA 98103
--beds
--baths
3,072sqft
Multi Family
Built in 1963
-- sqft lot
$914,000 Zestimate®
$293/sqft
$3,069 Estimated rent
Home value
$914,000
$832,000 - $1.01M
$3,069/mo
Zestimate® history
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$5,411/mo
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Est. payment
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Zillow last checked: 7 hours ago
Listing updated: September 09, 2024 at 10:51am
Listed by:
Brent D. Lumley,
Windermere RE Greenwood
Bought with:
Lu Yao, 126889
Kelly Right RE of Seattle LLC
Source: NWMLS as distributed by MLS GRID,MLS#: 2239253
Facts & features
Interior
Heating
- Baseboard, Electric
Cooling
- None
Features
- Flooring: Vinyl, Carpet
- Has fireplace: No
Interior area
- Total structure area: 3,072
- Total interior livable area: 3,072 sqft
Property
Parking
- Total spaces: 4
- Parking features: Open
- Uncovered spaces: 4
Features
- Patio & porch: Wall to Wall Carpet
Lot
- Size: 5,610 sqft
- Features: Curbs, Paved, Sidewalk
Details
- Parcel number: 3126049078
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Flat
Condition
- Average
- Year built: 1963
- Major remodel year: 1963
Utilities & green energy
- Electric: Company: Seattle City Lights
- Sewer: Sewer Connected, Company: Seattle Public Utilities
- Water: Public, Company: Seattle Public Utilities
Community & neighborhood
Location
- Region: Seattle
- Subdivision: Licton Springs
Other
Other facts
- Listing terms: Conventional
- Cumulative days on market: 629 days
Price history
| Date | Event | Price |
|---|---|---|
| 9/6/2024 | Sold | $900,000-18.2%$293/sqft |
Source:  NWMLS as distributed by MLS GRID #2239253 Report a problem | ||
| 7/25/2024 | Pending sale | $1,100,000$358/sqft |
Source: NWMLS as distributed by MLS GRID #2239253 Report a problem | ||
| 5/17/2024 | Listed for sale | $1,100,000$358/sqft |
Source: NWMLS as distributed by MLS GRID #2239253 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $10,481 -3.1% | $1,026,000 -5.8% |
| 2023 | $10,819 -0.8% | $1,089,000 -11.6% |
| 2022 | $10,907 +11.5% | $1,232,000 +21.9% |
Find assessor info on the county website
Neighborhood: North College Park
Nearby schools
GreatSchools rating
- 7/10Viewlands Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 9/10Robert Eagle Staff Middle SchoolGrades: 6-8Distance: 0.2 mi
- 8/10Ingraham High SchoolGrades: 9-12Distance: 2 mi
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Estimated market value
$914,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$914,000
- Washington
- King County
- Seattle
- 98103
- North College Park
- 9322 Stone Avenue N