5222-36 Delridge Way Southwest

Seattle, WA 98106

$4,500,000
Price
—
Beds
8,682 Sq. Ft.
$518 / Sq. Ft.
8,682
Sq. Ft.
$518
per Sq. Ft.

Description

PRICE IMPROVEMENT - Attention developers and investors! This is your rare chance to own or develop prime West Seattle real estate. 5 separate parcels fronting Delridge Way SW totaling appx. 23,000 sqft. of flat developable land. Some preliminary feasibility and site plans have been done. Developer terms available. Existing properties include a mix of multifamily units and one SFR. Fix up and hold, land bank, or re-develop the parcel into a great mixed-use or townhouse project. Don't miss this opportunity...PRICE IMPROVEMENT - Attention developers and investors! This is your rare chance to own or develop prime West Seattle real estate. 5 separate parcels fronting Delridge Way SW totaling appx. 23,000 sqft. of flat developable land. Some preliminary feasibility and site plans have been done. Developer terms available. Existing properties include a mix of multifamily units and one SFR. Fix up and hold, land bank, or re-develop the parcel into a great mixed-use or townhouse project. Don't miss this opportunity to create your vision in a great neighborhood!
  1. Listed by Alex Liatsis • Keller Williams Rlty Bellevue
  2. Listed by Marc Erickson • Keller Williams Rlty Bellevue

Property Details for 5222-36 Delridge Way Southwest

Community Name
Delridge
School District
Seattle
View
See Remarks
Number of Assigned Spaces
10
Total Covered Parking
1
Entry Date
09-12-2023
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 11/13/2024 12:19 PM

Property Details for 5222-36 Delridge Way Southwest

StatusActive
MLS #2160522
Days on Market432
Cumulative Days on Market675
Taxes$26,241 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1966
Lot Size0.11 AC / 4,800 SF
CountyKing County

Building Information for 5222-36 Delridge Way Southwest

Stories2Residences15Year Built1966Building Size-Lot Size0.11 AC / 4,800 SF

Property Information for 5222-36 Delridge Way Southwest

Summary
Location and General Information
  • Style: 56 - 10+ Units
  • Area: 140 - West Seattle
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Effective Year Built Source: Public Records
  • Directions: From I-5 take West Seattle Freeway, Delridge exit, south on Delridge to property.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2022
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
  • Floor Covering: Hardwood, Laminate
  • Features: Hardwood, Laminate Tile
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Wood, Wood Products
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 8607
  • Power Company: Seattle City Light
  • Sewer Company: PSE
  • Water Company: PSE
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Foundation: Poured Concrete
  • Letter On File: Duplicate Prop Type
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1966
  • Photos Count: 28
Lot Information
  • Lot Details: Paved
  • Lot Size Source: Realist
  • Parcel Number Free Text: 1773101180
  • Calculated Square Footage: 8682
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 8682.0
  • 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: 33
  • Number Of Units Total: 15
  • Units Below Grade: false
  • Units In Building Total: 15
Financing / Income and Expenses
  • Electric Expense: $582
  • Total Expenses: 51654.56
  • Gross Adjusted Income: 104184
  • Gross Rent Multiplier: 47.99
  • Gross Scheduled Income: $104,184
  • Insurance Expense: $7,302
  • Net Operating Income: $52,529
  • Other Expenses: $8,923
  • Total Monthly Income: 8415
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 8682.0
  • Leasable Area Units: Square Feet

Property History for 5222-36 Delridge Way Southwest

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 5222-36 Delridge Way Southwest

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 - PK to 8
Rating
School
Distance
Fairmount Park Elementary
PublicPK to 5

Madison Middle School
Public6 to 8

West Seattle High School
Public9 to 12

Louisa Boren STEM K-8
PublicPK 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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5222-36 Delridge Way Southwest is a multi-family home for sale in Seattle, WA 98106. This property was listed for sale on September 12, 2023 by Keller Williams Rlty Bellevue, it's currently listed at $4,500,000. This listing's school district is Seattle Public Schools. Nearby schools include Fairmount Park Elementary, Madison Middle School and West Seattle High School. 5222-36 Delridge Way Southwest is a 0-bed, 0-bath, 8,682 sqft multi-family home built in 1966.

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 Keller Williams Rlty Bellevue

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.