633 West Mercer Place

Seattle, WA 98119

$775,000
Price
1
Beds
2
Baths
1,450 Sq. Ft.
$534 / Sq. Ft.
1,450
Sq. Ft.
$534
per Sq. Ft.

Description

The West Mercer Duplex (permitted SFR) was originally built in 1931 and sits on a 3,292 SqFt lot with desirable MR (M) zoning. The building consists of a large 1Bd/1Bth unit that is 1,000 SqFt and Studio unit that is 450 SqFt. The Studio is the top floor unit and has a full kitchen appliance package, hardwood floors, a private deck with views of the Puget Sound and a large closet. The large 1Bd/1Bth unit has been well kept and is prime for updates to achieve higher rents. Additionally, there is a...The West Mercer Duplex (permitted SFR) was originally built in 1931 and sits on a 3,292 SqFt lot with desirable MR (M) zoning. The building consists of a large 1Bd/1Bth unit that is 1,000 SqFt and Studio unit that is 450 SqFt. The Studio is the top floor unit and has a full kitchen appliance package, hardwood floors, a private deck with views of the Puget Sound and a large closet. The large 1Bd/1Bth unit has been well kept and is prime for updates to achieve higher rents. Additionally, there is a fenced backyard off the 1bd/1ba unit that is for the tenant’s enjoyment. Both units have their own in-unit W/D as well.
  1. Listed by Will Douglas • Paragon Real Estate Advisors
  2. Listed by Ryan Iles • Paragon Real Estate Advisors

Property Details for 633 West Mercer Place

Community Name
Queen Anne
School District
Seattle
Number of Assigned Spaces
9
Total Covered Parking
0
Entry Date
11-06-2024
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 11/13/2024 12:27 PM

Property Details for 633 West Mercer Place

StatusActive
MLS #2308697
Days on Market11
Cumulative Days on Market11
Taxes$10,476 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1931
Lot Size0.08 AC / 3,292 SF
CountyKing County

Building Information for 633 West Mercer Place

Stories3Residences2Year Built1931Building Size-Lot Size0.08 AC / 3,292 SF

Property Information for 633 West Mercer Place

Summary
Location and General Information
  • Style: 52 - Duplex
  • Area: 700 - Queen Anne/Magnolia
  • Directions: From Downtown Seattle, get on 4th Ave. Use the left 2 lanes to turn left onto Denny Wy. Continue onto Elliott Ave W. Turn right onto W Mercer Pl.
  • 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: 9.0
  • 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: Radiant
Exterior Features
  • Exterior: Wood
  • Roof: Composition
Property
Utilities
  • Water/Sewer/Garbage: 1800
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Letter On File: Duplicate Prop Type
  • Preliminary Title Ordered: No
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 22
Lot Information
  • Lot Size Source: King County
  • Parcel Number Free Text: 3879901765
  • Calculated Square Footage: 1450
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 1450.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 9
  • Number of Stories in Building: 3
  • Vacancy Rate: 4
  • Number Of Units Total: 2
  • Units Below Grade: false
  • Units In Building Total: 2
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 15276
  • Gross Adjusted Income: 41702
  • Gross Rent Multiplier: 17.8
  • Gross Scheduled Income: $43,440
  • Insurance Expense: $1,000
  • Net Operating Income: $26,426
  • Other Expenses: $2,000
  • Total Monthly Income: 3695
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: A
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Square Feet Unit 1: 450
  • Rent Unit 1: $1,520.00
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: B
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Square Feet Unit 2: 1000
  • Rent Unit 2: $2,100.00
  • Bedrooms Unit 2: 1
  • Bathrooms Unit 2: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 1450.0
  • Leasable Area Units: Square Feet

Property History for 633 West Mercer Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 633 West Mercer Place

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 - 9 to 12
Rating
School
Distance
Hay Elementary School
PublicK to 5

Mcclure Middle School
Public6 to 8

Lincoln High School
Public9 to 12

The Center School
Public9 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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633 West Mercer Place is a multi-family home for sale in Seattle, WA 98119. This property was listed for sale on November 6, 2024 by Paragon Real Estate Advisors, it's currently listed at $775,000. This listing's school district is Seattle Public Schools. Nearby schools include Hay Elementary School, Mcclure Middle School and Lincoln High School. 633 West Mercer Place is a 1-bed, 2-bath, 1,450 sqft multi-family home built in 1931.

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.