129 21st Avenue East

Seattle, WA 98112

$3,175,000
Price
9
Beds
5.25
Baths
4,314 Sq. Ft.
$736 / Sq. Ft.
4,314
Sq. Ft.
$736
per Sq. Ft.
Listing provided courtesy of John L. Scott, Inc.

Description

Prime development opportunity in Capitol Hill! Two level lots totaling 9,883 SF zoned LR3 (M) in the Madison-Miller urban village with alley access. Potential for 30+ condo/apartment units or row-house designs. Close to Trader Joe's, Miller Community Center, and more. Currently features a 4-plex & triplex, providing income during permitting. Do not disturb occupants. Perfect for visionaries in urban residential projects!Prime development opportunity in Capitol Hill! Two level lots totaling 9,883 SF zoned LR3 (M) in the Madison-Miller urban village with alley access. Potential for 30+ condo/apartment units or row-house designs. Close to Trader Joe's, Miller Community Center, and more. Currently features a 4-plex & triplex, providing income during permitting. Do not disturb occupants. Perfect for visionaries in urban residential projects!
  1. Listed by Wendy L. Carrington • John L. Scott, Inc.

Property Details for 129 21st Avenue East

Community Name
Capitol Hill
School District
Seattle
Number of Assigned Spaces
7
Total Covered Parking
0
Entry Date
12-23-2024
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 12/23/2024 04:20 PM

Property Details for 129 21st Avenue East

StatusActive
MLS #2317933
Days on Market2
Cumulative Days on Market2
Taxes$14,407 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1916
Lot Size0.23 AC / 9,883 SF
CountyKing County

Building Information for 129 21st Avenue East

Stories3Residences6Year Built1916Building Size-Lot Size0.23 AC / 9,883 SF

Property Information for 129 21st Avenue East

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Site Features: Cable TV
  • Area: 390 - Central Seattle
  • Directions: From E. Madison turn left (North) on E. Denny Way at "Y" veer right to 21st Ave E. Properties will be on the left hand side.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2019
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 7.0
  • Open Parking: Yes
Virtual Tour
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
  • Floor Covering: Softwood, Vinyl, Carpet
  • Features: Fir/Softwood, Wall to Wall Carpet
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
Exterior Features
  • Exterior: Wood
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 6384
  • Power Company: Seattle City Light
  • Sewer Company: Seattle Public Util
  • Water Company: Seattle Public Util
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Post & Pillar, Poured Concrete
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 5
Lot Information
  • Lot Details: Alley, Curbs, Paved, Sidewalk, Value In Land
  • Lot Size Source: KCR
  • Parcel Number Free Text: 0955000370
  • Calculated Square Footage: 4314
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 4314.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 7
  • Number of Stories in Building: 3
  • Vacancy Rate: 2
  • Number Of Units Total: 6
  • Units Below Grade: true
  • Units In Building Total: 7
Financing / Income and Expenses
  • Electric Expense: $396
  • Total Expenses: 24381
  • Gross Adjusted Income: 127800
  • Gross Rent Multiplier: 24
  • Gross Scheduled Income: $127,800
  • Insurance Expense: $2,906
  • Net Operating Income: $103,419
  • Other Expenses: $0
  • Total Monthly Income: 9975
  • Fuel Expense: $288
Unit 1
  • Name Unit 1: 129-apt#1
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Square Feet Unit 1: 500
  • Rent Unit 1: $1,500.00
  • Bedrooms Unit 1: 1
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 129-apt#3
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 384
  • Rent Unit 2: $1,075.00
  • Bedrooms Unit 2: 0
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 129-apt#4
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: false
  • Square Feet Unit 3: 500
  • Rent Unit 3: $1,300.00
  • Bedrooms Unit 3: 1
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 133-apt#1
  • Washer/Dryer Unit 4: false
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: false
  • Square Feet Unit 4: 730
  • Rent Unit 4: $1,500.00
  • Bedrooms Unit 4: 2
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 133-apt#2
  • Washer/Dryer Unit 5: false
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: false
  • Square Feet Unit 5: 700
  • Rent Unit 5: $1,375.00
  • Bedrooms Unit 5: 2
  • Fireplaces Unit 5: 0
  • Bathrooms Unit 5: 1
Unit 6
  • Name Unit 6: 133-apt#3
  • Washer/Dryer Unit 6: false
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: false
  • Square Feet Unit 6: 1000
  • Rent Unit 6: $1,825.00
  • Bedrooms Unit 6: 3
  • Fireplaces Unit 6: 0
  • Bathrooms Unit 6: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 4314.0
  • Leasable Area Units: Square Feet

Property History for 129 21st Avenue East

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 129 21st Avenue East

Taxable ValueLand$1,164,900Additions$80,100Total$1,245,000
Tax Record2022$47,536 ($3,961 / month)
Home Facts
Total Finished SqFt1,884 SqFtAbove Ground SqFt1,884 SqFtStories1Lot Size4,755 SqFtStyleMulti-Family Dwelling (2-4)Year Built1916Year Renovated1978ZoningLR3 (M)CountyKINGAPN095500-0370Fireplace TypeHas Fireplace

Schools near 129 21st Avenue East

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
Stevens Elementary School
Public - K to 5
Edmonds S. Meany Middle School
Public - 6 to 8
Garfield High School
Public - 9 to 12
Seattle World School
Public - 6 to 12
Rating
School
Distance
Stevens Elementary School
PublicK to 5

Edmonds S. Meany Middle School
Public6 to 8

Garfield High School
Public9 to 12

Seattle World School
Public6 to 12

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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More information about 129 21st Avenue East, Seattle, WA 98112

129 21st Avenue East is a multi-family home for sale in Seattle, WA 98112. This property was listed for sale on December 23, 2024 by John L. Scott, Inc., it's currently listed at $3,175,000. It has been on the market for a total of 2 days and was last sold on September 29, 2006. This listing's school district is Seattle Public Schools. Nearby schools include Stevens Elementary School, Edmonds S. Meany Middle School and Garfield High School. 129 21st Avenue East is a 9-bed, 5.25-bath, 4,314 sqft multi-family home built in 1916.

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 John L. Scott, Inc.

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.