3233 21st Avenue West
Seattle, WA 98199
$1,450,000
Price
7
Beds
5.5
Baths
3,496 Sq. Ft.
$415 / Sq. Ft.
3,496
Sq. Ft.
$415
per Sq. Ft.
Listing provided courtesy of Lake & Company
Description
Low maintenance 4-plex on a quiet Magnolia street. Two 2Br/1.5Ba units, One 2Br/1B, and One 1Br/1Ba unit. Spacious units w/ large windows and an inviting homey atmosphere. Each unit has an off-street parking spot in back alley. The two upper 2Bd/1.5Ba units have fireplaces, decks w/ territorial views, slate entryways, dishwashers, large bedrooms and ample dining areas. The one bedroom unit features a private entrance w/a large living room and breakfast bar. Speed Queen coin-op washer/dryer along...Low maintenance 4-plex on a quiet Magnolia street. Two 2Br/1.5Ba units, One 2Br/1B, and One 1Br/1Ba unit. Spacious units w/ large windows and an inviting homey atmosphere. Each unit has an off-street parking spot in back alley. The two upper 2Bd/1.5Ba units have fireplaces, decks w/ territorial views, slate entryways, dishwashers, large bedrooms and ample dining areas. The one bedroom unit features a private entrance w/a large living room and breakfast bar. Speed Queen coin-op washer/dryer along w/ a storage room provide additional income for the owner. Outstanding occupancy history and tenant profiles. Easy access to downtown. Large 6,000sf lot w/ LR1 zoning and alley access for possible future development. Rents below market rate.
- Listed by Joseph Goldberg • Lake & Company
Property Details for 3233 21st Avenue West
Community Name
Magnolia
School DistrictSeattle
ViewTerritorial
Number of Assigned Spaces4
Total Covered Parking0
Offers Review Date01-20-2025
Entry Date01-08-2025
Energy SourceElectric
LISTING UPDATED: 01/09/2025 12:09 PM
Property Details for 3233 21st Avenue West
| Status | Active |
|---|---|
| MLS # | 2319368 |
| Days on Market | 7 |
| Cumulative Days on Market | 7 |
| Taxes | $12,487 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1965 |
| Lot Size | 0.14 AC / 6,000 SF |
| County | King County |
Building Information for 3233 21st Avenue West
Stories2Residences4Year Built1965Building Size-Lot Size0.14 AC / 6,000 SF
Property Information for 3233 21st Avenue West
Summary
Location and General Information
- Style: 54 - 4-Plex
- Site Features: Cable TV, Deck, Fenced-Partially, Patio
- Area: 700 - Queen Anne/Magnolia
- Effective Year Built Source: Public Records
- Directions: From I5 Take exit 167 toward Mercer St. Right on Fairview Ave N. Left on Valley. Right on Westlake Ave N. Merge onto 15th Ave W. Right on W Dravus. Right on 21st Ave W. Property is on the left.
- Leased Items: None
- Property Sub Type: MULT
- View: Yes
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2024
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 4.0
- 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
- Floor Covering: Ceramic Tile, Laminate, Carpet
- Features: Ceramic Tile, Laminate Hardwood, Wall to Wall Carpet
- Amenities: Coin Op Laundry
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Baseboard
- FIRPTA: No
Exterior Features
- Exterior: Wood Products
- Roof: Torch Down
- Security Features: FullyFenced
Property
Utilities
- Water Source: See Remarks
- Water/Sewer/Garbage: 4300
- Power Company: SCL
- Sewer Company: SPU
- Water Company: SPU
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Foundation: Poured Concrete
- Zoning Class: Multi-Family
- Construction Methods: Standard Frame
- Possible Use: Multi-Family
- MLS Square Footage Source: KCR
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 1990
- Photos Count: 34
Lot Information
- Lot Details: Alley, Curbs, Paved, Sidewalk
- Lot Size Source: KCR
- Parcel Number Free Text: 2770601920
- Building Condition: Good
- Calculated Square Footage: 3496
- Structure Type: Quadruplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 3496.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 4
- Number of Stories in Building: 2
- Vacancy Rate: 0
- Number Of Units Total: 4
- Units Below Grade: false
- Units In Building Total: 4
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 23862
- Gross Adjusted Income: 94020
- Gross Rent Multiplier: 15.4
- Gross Scheduled Income: $94,020
- Insurance Expense: $3,275
- Net Operating Income: $70,158
- Other Expenses: $3,800
- Total Monthly Income: 7835
- Fuel Expense: $0
Unit 1
- Name Unit 1: 3233
- Washer/Dryer Unit 1: false
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: true
- Square Feet Unit 1: 601
- Rent Unit 1: $1,445.00
- Bedrooms Unit 1: 1
- Fireplaces Unit 1: 0
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: 3235
- Washer/Dryer Unit 2: false
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Square Feet Unit 2: 965
- Rent Unit 2: $2,150.00
- Bedrooms Unit 2: 2
- Fireplaces Unit 2: 1
- Bathrooms Unit 2: 2
Unit 3
- Name Unit 3: 3237
- Washer/Dryer Unit 3: false
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Dishwasher Unit 3: true
- Square Feet Unit 3: 965
- Rent Unit 3: $1,955.00
- Bedrooms Unit 3: 2
- Fireplaces Unit 3: 1
- Bathrooms Unit 3: 2
Unit 4
- Name Unit 4: 3239
- Washer/Dryer Unit 4: false
- Range/Oven Unit 4: true
- Refrigerator Unit 4: true
- Dishwasher Unit 4: true
- Square Feet Unit 4: 965
- Rent Unit 4: $2,225.00
- Bedrooms Unit 4: 2
- Fireplaces Unit 4: 1
- Bathrooms Unit 4: 2
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 3496.0
- Leasable Area Units: Square Feet
Property History for 3233 21st Avenue West
| 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 3233 21st Avenue West
Taxable ValueLand$810,000Additions$552,000Total$1,362,000
Tax Record2022$12,024 ($1,002 / month)
Home Facts
Total Finished SqFt3,496 SqFtAbove Ground SqFt3,496 SqFtStories2Lot Size6,000 SqFtStyleMulti-Family Dwelling (2-4)Year Built1965Year Renovated1990ZoningLR1 (M)CountyKINGAPN277060-1920Fireplace TypeHas Fireplace
Schools near 3233 21st Avenue West
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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Listing Courtesy of Lake & Company
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.
