7348 15th Avenue Northwest
Seattle, WA 98117
$1,395,000
Price
2
Beds
2
Baths
1,960 Sq. Ft.
$712 / Sq. Ft.
1,960
Sq. Ft.
$712
per Sq. Ft.
Listing provided courtesy of Sea to Sky Realty
Description
Investment opportunity in a prime Seattle location! This well-maintained duplex offers excellent zoning NC2P55 for future development potential. Situated in a highly desirable neighborhood, it provides easy access to local amenities, schools, and public transportation. Don't miss out on this rare chance to own a versatile property in one of Seattle's most sought-after areas. Ideal for investors or developers looking to capitalize on the vibrant growth of the city. The existing building contains two...Investment opportunity in a prime Seattle location! This well-maintained duplex offers excellent zoning NC2P55 for future development potential. Situated in a highly desirable neighborhood, it provides easy access to local amenities, schools, and public transportation. Don't miss out on this rare chance to own a versatile property in one of Seattle's most sought-after areas. Ideal for investors or developers looking to capitalize on the vibrant growth of the city. The existing building contains two 1 bedroom units, backyard and garage. Increase your return on investment significantly, this property is an excellent addition to any real estate portfolio.
- Listed by Lin Shen • Sea to Sky Realty
- Listed by Tyler Li • Sea to Sky Realty
Property Details for 7348 15th Avenue Northwest
Community Name
Ballard
School DistrictSeattle
ViewCity
Number of Assigned Spaces2
Total Covered Parking2
Entry Date06-19-2024
Energy SourceElectric
SewerSewer Connected
LISTING UPDATED: 11/13/2024 10:54 AM
Property Details for 7348 15th Avenue Northwest
| Status | Active |
|---|---|
| MLS # | 2244224 |
| Days on Market | 194 |
| Cumulative Days on Market | 194 |
| Taxes | $9,768 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1931 |
| Lot Size | 0.10 AC / 4,250 SF |
| County | King County |
Building Information for 7348 15th Avenue Northwest
Stories2Residences2Year Built1931Building Size-Lot Size0.10 AC / 4,250 SF
Property Information for 7348 15th Avenue Northwest
Summary
Location and General Information
- Style: 52 - Duplex
- Site Features: Cable TV, Fenced-Fully
- Area: 705 - Ballard/Greenlake
- Block: 10
- Directions: GPS Address: 7346 15th Ave Nw, Seattle, WA 98117-5401,please note that if the address "7346" not working, then use "7348".
- Leased Items: None
- Property Sub Type: MULT
- View: Yes
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2024
Parking
- Number of Carport Spaces: 2.0
- Carport: No
- Open Parking Spaces: 0.0
- Open Parking: No
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: 2
Interior Features
- Fireplaces Total: 0
- Floor Covering: Ceramic Tile, Hardwood, Vinyl
- Features: Ceramic Tile, Hardwood
- Amenities: Basement
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Radiator
- FIRPTA: No
Exterior Features
- Exterior: Brick, Wood, Wood Products
- Roof: Composition
- Security Features: PartiallyFenced
Property
Utilities
- Water/Sewer/Garbage: 3557
- Power Company: Seattle City Light
- Sewer Company: SPU
- Water Company: SPU
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: City
- Foundation: Poured Concrete
- Zoning Class: Commercial
- First Right Of Refusal: false
- Possible Use: Commercial
- MLS Square Footage Source: NWMLS
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Photos Count: 27
Lot Information
- Lot Details: Curbs, Paved, Sidewalk
- Lot Size Dimensions: 50*85
- Lot Number: 44-45
- Lot Size Source: KCR
- Parcel Number Free Text: 0461002810
- Calculated Square Footage: 1960
- Structure Type: Duplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 1960.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 0
- Number of Stories in Building: 2
- Vacancy Rate: 0
- Number Of Units Total: 2
- Units Below Grade: false
- Units In Building Total: 2
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 15843.07
- Gross Adjusted Income: 41940
- Gross Rent Multiplier: 33.26
- Gross Scheduled Income: $41,940
- Insurance Expense: $788
- Net Operating Income: $26,097
- Other Expenses: $1,730
- Total Monthly Income: 3495
- Fuel Expense: $0
Unit 1
- Name Unit 1: 7346
- Washer/Dryer Unit 1: true
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: false
- Square Feet Unit 1: 1280
- Rent Unit 1: $1,845.00
- Bedrooms Unit 1: 1
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: 7348
- Washer/Dryer Unit 2: true
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: false
- Square Feet Unit 2: 680
- Rent Unit 2: $1,650.00
- Bedrooms Unit 2: 1
- Bathrooms Unit 2: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 1360.0
- Leasable Area Units: Square Feet
Property History for 7348 15th Avenue Northwest
| 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.
Schools near 7348 15th Avenue Northwest
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 - | K to 8 |
Rating | School | Distance |
|---|---|---|
Whittier Elementary School PublicK to 5 | ||
Whitman Middle School Public6 to 8 | ||
Ballard High School Public9 to 12 | ||
Salmon Bay School PublicK 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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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 Sea to Sky Realty
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.
