2308 West Wheeler Street
Seattle, WA 98199
$1,980,000
Price
—
Beds
4,010 Sq. Ft.
$494 / Sq. Ft.
4,010
Sq. Ft.
$494
per Sq. Ft.
Listing provided courtesy of Coldwell Banker Bain
Description
Prime Investment Opportunity! Cool Mid-Century Triplex with views of Elliott Bay, the Space Needle & Mt. Rainier. 2 extra large 2BR/2Bath units (over 1,500 SqFt), each with quality finishes, flexible spaces & view decks. These units are amazing and the top floor view is breathtaking! Well-maintained 1BR/1Bath in lowest level. 3-car garage offers secure, covered parking for each unit. Storage, gardening space and privacy too. Super Location-Residential neighborhood and convenient to downtown, Expedia,...Prime Investment Opportunity! Cool Mid-Century Triplex with views of Elliott Bay, the Space Needle & Mt. Rainier. 2 extra large 2BR/2Bath units (over 1,500 SqFt), each with quality finishes, flexible spaces & view decks. These units are amazing and the top floor view is breathtaking! Well-maintained 1BR/1Bath in lowest level. 3-car garage offers secure, covered parking for each unit. Storage, gardening space and privacy too. Super Location-Residential neighborhood and convenient to downtown, Expedia, Interbay Golf and Discovery Park. Fabulous opportunity for either investors or owner-occupants. Either of the large view units would make a great owner apartment. Or live in the smallest unit to maximize rental income.
- Listed by Sarah Ford • Coldwell Banker Bain
- Listed by Keith A. McKinney • Coldwell Banker Bain
Property Details for 2308 West Wheeler Street
Community Name
Magnolia
School DistrictSeattle
ViewCity, Mountain(s), Sound
Number of Assigned Spaces5
Total Covered Parking3
Entry Date08-30-2024
Energy SourceElectric
SewerSewer Connected
LISTING UPDATED: 11/13/2024 12:08 PM
Property Details for 2308 West Wheeler Street
| Status | Active |
|---|---|
| MLS # | 2279386 |
| Days on Market | 83 |
| Cumulative Days on Market | 83 |
| Taxes | $17,939 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1965 |
| Lot Size | 0.14 AC / 6,250 SF |
| County | King County |
Building Information for 2308 West Wheeler Street
Stories3Residences3Year Built1965Building Size-Lot Size0.14 AC / 6,250 SF
Property Information for 2308 West Wheeler Street
Summary
Location and General Information
- Style: 52 - Duplex
- Site Features: Cable TV, Deck, Fenced-Partially, Gas Available
- Area: 700 - Queen Anne/Magnolia
- Elementary School: Buyer To Verify
- Middle Or Junior School: Buyer To Verify
- High School: Buyer To Verify
- Directions: From Thorndyke Ave W, go West on Thorndyke Place, then turn Right on Wheeler.
- Leased Items: None
- Property Sub Type: MULT
- View: Yes
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2023
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 2.0
- Open Parking: Yes
Virtual Tour
- Virtual Tour URL Unbranded: https://listings.ruummedia.com/videos/01911055-3af2-7200-869a-b67e770c75ef
- Virtual Tour URL Description: Video Tour of Building
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: Ceramic Tile, Engineered Hardwood, Laminate, Stone, Carpet
- Features: Ceramic Tile, Laminate, Wall to Wall Carpet
- Cooling: Yes
- Cooling: Window Unit A/C
- Fireplace: No
- Heating: Yes
- Heating: Wall Unit(s)
Exterior Features
- Exterior: Cement Planked, Stucco
- Roof: Flat
- Security Features: FullyFenced
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 5777.68
- Power Company: Seattle City Light
- Sewer Company: Seattle Public Utilities
- Water Company: Seattle Public Utilities
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Foundation: Poured Concrete
- First Right Of Refusal: false
- MLS Square Footage Source: Realist
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Photos Count: 40
Lot Information
- Lot Details: Dead End Street, Paved
- Lot Size Source: Realist
- Parcel Number Free Text: 2771600685
- Calculated Square Footage: 4010
- Structure Type: Duplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 4010.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 2
- Number of Stories in Building: 3
- Vacancy Rate: 0
- Number Of Units Total: 3
- Units Below Grade: false
- Units In Building Total: 3
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 37247.6
- Gross Adjusted Income: 112500
- Gross Rent Multiplier: 17.6
- Gross Scheduled Income: $112,500
- Insurance Expense: $3,076
- Net Operating Income: $75,252
- Other Expenses: $10,455
- Total Monthly Income: 0
- Fuel Expense: $0
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 4010.0
- Leasable Area Units: Square Feet
Property History for 2308 West Wheeler Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2308 West Wheeler Street
Taxable ValueLand$828,000Additions$1,228,000Total$2,056,000
Tax Record2022$17,698 ($1,475 / month)
Home Facts
Baths4.5Total Finished SqFt4,760 SqFtAbove Ground SqFt4,010 SqFtFinished Basement SqFt750 SqFtStories2Lot Size6,250 SqFtStyleTriplexYear Built1965ZoningNR3CountyKINGAPN277160-0685Fireplace TypeHas Fireplace
Schools near 2308 West Wheeler Street
This home is within Seattle Public Schools.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | PK to 12 |
Rating | School | Distance |
|---|---|---|
Magnolia Elementary School PublicK to 5 | ||
Mcclure Middle School Public6 to 8 | ||
Ballard High School Public9 to 12 | ||
Residential Consortium PublicPK 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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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 Coldwell Banker Bain
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.
