8832 Delridge WAY SW #A-E, Seattle, WA 98106
8832 Delridge WAY SW #A-E, Seattle, WA 98106
8832 Delridge WAY SW #A-E, Seattle, WA 98106
8832 Delridge WAY SW #A-E, Seattle, WA 98106
8832 Delridge WAY SW #A-E, Seattle, WA 98106
8832 Delridge WAY SW #A-E, Seattle, WA 98106
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Ryzen Martin

Ryzen Martin

+1(574) 370-4307
Listed by:Medawar Real Estate • Chris Medawar
$ 1,400,000
Est. payment | /mo

12 Beds

12 Baths

6,400 SqFt

Save
$ 1,400,000
Est. payment | /mo
Save

12 Beds

12 Baths

6,400 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,400 sqft

Price per Sqft $218

Subdivision Westwood

MLS Listing ID 2576739

Style 55 - 5-9 Units

Bedrooms 12

Year Built 2000

Annual Tax Amount $21,037

Lot Size 9,000 Sqft

Property Sub-Type Multi Family

Property Description

Rare opportunity to acquire two side-by-side triplexes in Seattle's Delridge/Westwood neighborhood, offered together as a 6-unit, 6,400 SF portfolio. Built in 2000, all six units are spacious 2 Bed/1.5 Bath townhome-style residences (approx. 1,067 SF each) with individual electric baseboard heat and in-unit fireplaces. Current rents sit well below market, creating compelling upside: current cap rate of approximately 4.7%, growing to approximately 7% at market rents (avg. $2,095/unit). Off-street parking, low-maintenance landscaping, and steps to the RapidRide H Line. Zoned LR2 (M) on a combined 9,000 SF lot. Opportunity for 20%-25% down payment as residential financing.

Location

State WA

County King

Area 140 - West Seattle

Interior

Flooring Laminate, Carpet

Fireplace false

Exterior

Exterior Feature Wood, Wood Products

Amenities Available Patio

View Y/N No

Roof Type Composition

Building

Sewer Sewer Connected

New Construction No

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA, See Remarks

Listing Terms Cash, Conventional, FHA, See Remarks

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

Nearby Locations

Ryzen Martin

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(574) 370-4307

ryzen@purposerealtywa.com

9329 Martin Way E, Olympia, WA 98516, USA

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8832 Delridge WAY SW #A-E