1220 North 137th Street

Seattle, WA 98133

$1,550,000
Price
9
Beds
7
Baths
5,040 Sq. Ft.
$308 / Sq. Ft.
5,040
Sq. Ft.
$308
per Sq. Ft.

Description

This property includes four spacious 1,100 square-foot 2-bedroom, 1.5-bathroom townhouse-style units, along with a 1-bedroom, 1-bathroom unit. The units feature LVP flooring, formica countertops, and white appliances, offering an excellent value-add renovation opportunity. Each townhouse unit includes a large walk-in pantry that could accommodate a washer and dryer installation (buyer to verify). Installation would be cost effective through plumbing/draining down the line of units within the crawlspace....This property includes four spacious 1,100 square-foot 2-bedroom, 1.5-bathroom townhouse-style units, along with a 1-bedroom, 1-bathroom unit. The units feature LVP flooring, formica countertops, and white appliances, offering an excellent value-add renovation opportunity. Each townhouse unit includes a large walk-in pantry that could accommodate a washer and dryer installation (buyer to verify). Installation would be cost effective through plumbing/draining down the line of units within the crawlspace. Additionally, if washers and dryers are installed, the 1-bedroom unit could potentially be expanded into the adjacent laundry and storage room to create a second bedroom (buyer to verify).
  1. Listed by Michael Urquhart • Paragon Real Estate Advisors
  2. Listed by Ben Douglas • Paragon Real Estate Advisors

Property Details for 1220 North 137th Street

Community Name
Haller Lake
School District
Seattle
Number of Assigned Spaces
10
Total Covered Parking
0
Entry Date
09-25-2024
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 11/13/2024 10:59 AM

Property Details for 1220 North 137th Street

StatusActive
MLS #2294935
Days on Market57
Cumulative Days on Market57
Taxes$12,585 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1973
Lot Size0.15 AC / 6,747 SF
CountyKing County

Building Information for 1220 North 137th Street

Stories2Residences5Year Built1973Building Size-Lot Size0.15 AC / 6,747 SF

Property Information for 1220 North 137th Street

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Area: 705 - Ballard/Greenlake
  • Effective Year Built Source: Public Records
  • Directions: From downtown Seattle, follow I-5 N to 5th Ave NE. Take exit 174 from I-5 N. Take NE 130th St and Ashworth Ave N to N 137th St.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 10.0
  • Open Parking: Yes
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
  • Bedrooms Possible: 0
Interior Features
  • Fireplaces Total: 0
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Forced Air
Exterior Features
  • Exterior: Brick, Wood
  • Roof: Composition
Property
Utilities
  • Water/Sewer/Garbage: 11000
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Preliminary Title Ordered: No
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1995
  • Photos Count: 24
Lot Information
  • Lot Size Source: King County
  • Parcel Number Free Text: 6149700166
  • Calculated Square Footage: 5040
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 5040.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 10
  • Number of Stories in Building: 2
  • Vacancy Rate: 1
  • Number Of Units Total: 5
  • Units Below Grade: false
  • Units In Building Total: 5
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 34048
  • Gross Adjusted Income: 114024
  • Gross Rent Multiplier: 13.46
  • Gross Scheduled Income: $115,176
  • Insurance Expense: $3,594
  • Net Operating Income: $79,976
  • Other Expenses: $6,869
  • Total Monthly Income: 9598
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 640
  • Rent Unit 1: $1,275.00
  • Bedrooms Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 2
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 1100
  • Rent Unit 2: $1,840.00
  • Bedrooms Unit 2: 2
  • Bathrooms Unit 2: 2
Unit 3
  • Name Unit 3: 3
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 1100
  • Rent Unit 3: $1,810.00
  • Bedrooms Unit 3: 2
  • Bathrooms Unit 3: 2
Unit 4
  • Name Unit 4: 4
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 1100
  • Rent Unit 4: $1,975.00
  • Bedrooms Unit 4: 2
  • Bathrooms Unit 4: 2
Unit 5
  • Name Unit 5: 5
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: true
  • Square Feet Unit 5: 1100
  • Rent Unit 5: $1,775.00
  • Bedrooms Unit 5: 2
  • Bathrooms Unit 5: 2
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 5040.0
  • Leasable Area Units: Square Feet

Property History for 1220 North 137th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1220 North 137th Street

Taxable ValueLand$506,000Additions$891,000Total$1,397,000
Tax Record2022$12,426 ($1,035 / month)
Home Facts
Total Finished SqFt5,040 SqFtAbove Ground SqFt5,040 SqFtStories2Lot Size6,747 SqFtStyleMulti-Family Dwelling (2-4)Year Built1973Year Renovated1995ZoningLR2 (M)CountyKINGAPN614970-0166

Schools near 1220 North 137th Street

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Northgate Elementary School
PublicPK to 5

Robert Eagle Staff Middle School
Public6 to 8

Ingraham High School
Public9 to 12

Hazel Wolf K-8
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1220 North 137th Street is a multi-family home for sale in Seattle, WA 98133. This property was listed for sale on September 25, 2024 by Paragon Real Estate Advisors, it's currently listed at $1,550,000. It has been on the market for a total of 57 days and was last sold on October 9, 2013. This listing's school district is Seattle Public Schools. Nearby schools include Northgate Elementary School, Robert Eagle Staff Middle School and Ingraham High School. 1220 North 137th Street is a 9-bed, 7-bath, 5,040 sqft multi-family home built in 1973.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Paragon Real Estate Advisors

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.