814 Columbia Street

Seattle, WA 98104

$5,750,000
Price
15
Beds
23
Baths
7,194 Sq. Ft.
$799 / Sq. Ft.
7,194
Sq. Ft.
$799
per Sq. Ft.
a view of a city with tall buildings
a building view
a view of entryway
a kitchen with stainless steel appliances granite countertop a stove top oven a sink dishwasher a dining table and chairs with wooden floor
a view of staircase with rug
a bedroom with a bed a lamp and a large window
Listing provided courtesy of Blake Investment Advisors

Description

Columbia Place, a 23-unit apartment building positioned on First Hill, one of Seattle’s most charming and convenient neighborhoods for residents who work downtown. The opportunity exists for a new investor to acquire a turn-key asset that has undergone extensive interior and exterior rehabilitation in recent years. Current operations yield an average rent of $1,202 per unit, but market rent comparables suggest that rents can be raised to an average of $1,352 per unit upon lease expiration. Market...Columbia Place, a 23-unit apartment building positioned on First Hill, one of Seattle’s most charming and convenient neighborhoods for residents who work downtown. The opportunity exists for a new investor to acquire a turn-key asset that has undergone extensive interior and exterior rehabilitation in recent years. Current operations yield an average rent of $1,202 per unit, but market rent comparables suggest that rents can be raised to an average of $1,352 per unit upon lease expiration. Market rents can be captured without capital expenditure as the current ownership purchased the property vacant and thoroughly updated the property throughout. Owner financing may be available to qualified buyers.
  1. Listed by Gabe Blake • Blake Investment Advisors
  2. Listed by Josh Blake • Blake Investment Advisors

Property Details for 814 Columbia Street

Community Name
First Hill
School District
Seattle
View
City
Number of Assigned Spaces
0
Total Covered Parking
0
Entry Date
10-14-2024
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 11/13/2024 12:08 PM

Property Details for 814 Columbia Street

StatusActive
MLS #2301687
Days on Market68
Cumulative Days on Market68
Taxes$37,576 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1907
Lot Size0.07 AC / 2,880 SF
CountyKing County

Building Information for 814 Columbia Street

Stories4Residences23Year Built1907Building Size-Lot Size0.07 AC / 2,880 SF

Property Information for 814 Columbia Street

Summary
Location and General Information
  • Style: 56 - 10+ Units
  • Area: 390 - Central Seattle
  • Effective Year Built Source: See Remarks
  • Directions: TERRYS 1ST ADD WLY 32 FT OF SLY 30 FT OF 6 & WLY 32 FT OF 7
  • 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: 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: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Vinyl Plank
  • Amenities: Coin Op Laundry
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
Exterior Features
  • Exterior: Stucco
  • Roof: Flat
Property
Utilities
  • Water/Sewer/Garbage: 26449
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Foundation: Block
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • MLS Square Footage Source: Floor Plans
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 2018
  • Photos Count: 7
Lot Information
  • Lot Size Source: Public Record
  • Parcel Number Free Text: 8590400891
  • Calculated Square Footage: 7194
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 7194.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Common Interest: Multi-Family
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 0
  • Number of Stories in Building: 4
  • Vacancy Rate: 5
  • Number Of Units Total: 23
  • Units Below Grade: true
  • Units In Building Total: 23
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 124535
  • Gross Adjusted Income: 354671
  • Gross Rent Multiplier: 17.3
  • Gross Scheduled Income: $331,848
  • Insurance Expense: $6,840
  • Net Operating Income: $230,007
  • Other Expenses: $53,670
  • Total Monthly Income: 30930
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 101
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Square Feet Unit 1: 348
  • Rent Unit 1: $1,195.00
  • Bedrooms Unit 1: 1
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 102
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 355
  • Rent Unit 2: $1,345.00
  • Bedrooms Unit 2: 1
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 103
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: false
  • Square Feet Unit 3: 351
  • Rent Unit 3: $1,225.00
  • Bedrooms Unit 3: 1
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 104
  • Washer/Dryer Unit 4: false
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: false
  • Square Feet Unit 4: 189
  • Rent Unit 4: $1,100.00
  • Bedrooms Unit 4: 0
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 105
  • Washer/Dryer Unit 5: false
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: false
  • Square Feet Unit 5: 229
  • Rent Unit 5: $995.00
  • Bedrooms Unit 5: 0
  • Fireplaces Unit 5: 0
  • Bathrooms Unit 5: 1
Unit 6
  • Name Unit 6: 201
  • Washer/Dryer Unit 6: false
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: false
  • Square Feet Unit 6: 362
  • Rent Unit 6: $1,495.00
  • Bedrooms Unit 6: 1
  • Fireplaces Unit 6: 0
  • Bathrooms Unit 6: 1
Unit 7
  • Name Unit 7: 202
  • Washer/Dryer Unit 7: false
  • Range/Oven Unit 7: true
  • Refrigerator Unit 7: true
  • Dishwasher Unit 7: false
  • Square Feet Unit 7: 335
  • Rent Unit 7: $1,195.00
  • Bedrooms Unit 7: 1
  • Fireplaces Unit 7: 0
  • Bathrooms Unit 7: 1
Unit 8
  • Name Unit 8: 203
  • Washer/Dryer Unit 8: false
  • Range/Oven Unit 8: true
  • Refrigerator Unit 8: true
  • Dishwasher Unit 8: false
  • Square Feet Unit 8: 357
  • Rent Unit 8: $1,295.00
  • Bedrooms Unit 8: 1
  • Fireplaces Unit 8: 0
  • Bathrooms Unit 8: 1
Unit 9
  • Name Unit 9: 204
  • Washer/Dryer Unit 9: false
  • Range/Oven Unit 9: true
  • Refrigerator Unit 9: true
  • Dishwasher Unit 9: false
  • Square Feet Unit 9: 355
  • Rent Unit 9: $1,300.00
  • Bedrooms Unit 9: 1
  • Fireplaces Unit 9: 0
  • Bathrooms Unit 9: 1
Unit 10
  • Name Unit 10: 205
  • Washer/Dryer Unit 10: false
  • Range/Oven Unit 10: true
  • Refrigerator Unit 10: true
  • Dishwasher Unit 10: false
  • Square Feet Unit 10: 178
  • Rent Unit 10: $875.00
  • Bedrooms Unit 10: 0
  • Fireplaces Unit 10: 0
  • Bathrooms Unit 10: 1
Unit 11
  • Name Unit 11: 206
  • Washer/Dryer Unit 11: false
  • Range/Oven Unit 11: true
  • Refrigerator Unit 11: true
  • Dishwasher Unit 11: false
  • Square Feet Unit 11: 237
  • Rent Unit 11: $950.00
  • Bedrooms Unit 11: 0
  • Fireplaces Unit 11: 0
  • Bathrooms Unit 11: 1
Unit 12
  • Name Unit 12: 301
  • Washer/Dryer Unit 12: false
  • Range/Oven Unit 12: true
  • Refrigerator Unit 12: true
  • Dishwasher Unit 12: false
  • Square Feet Unit 12: 400
  • Rent Unit 12: $1,045.00
  • Bedrooms Unit 12: 1
  • Fireplaces Unit 12: 0
  • Bathrooms Unit 12: 1
Unit 13
  • Name Unit 13: 302
  • Washer/Dryer Unit 13: false
  • Range/Oven Unit 13: true
  • Refrigerator Unit 13: true
  • Dishwasher Unit 13: false
  • Square Feet Unit 13: 422
  • Rent Unit 13: $1,485.00
  • Bedrooms Unit 13: 1
  • Fireplaces Unit 13: 0
  • Bathrooms Unit 13: 1
Unit 14
  • Name Unit 14: 303
  • Washer/Dryer Unit 14: false
  • Range/Oven Unit 14: true
  • Refrigerator Unit 14: true
  • Dishwasher Unit 14: false
  • Square Feet Unit 14: 357
  • Rent Unit 14: $1,195.00
  • Bedrooms Unit 14: 1
  • Fireplaces Unit 14: 0
  • Bathrooms Unit 14: 1
Unit 15
  • Name Unit 15: 304
  • Washer/Dryer Unit 15: false
  • Range/Oven Unit 15: true
  • Refrigerator Unit 15: true
  • Dishwasher Unit 15: false
  • Square Feet Unit 15: 355
  • Rent Unit 15: $1,495.00
  • Bedrooms Unit 15: 1
  • Fireplaces Unit 15: 0
  • Bathrooms Unit 15: 1
Unit 16
  • Name Unit 16: 305
  • Washer/Dryer Unit 16: false
  • Range/Oven Unit 16: true
  • Refrigerator Unit 16: true
  • Dishwasher Unit 16: false
  • Square Feet Unit 16: 178
  • Rent Unit 16: $934.00
  • Bedrooms Unit 16: 0
  • Fireplaces Unit 16: 0
  • Bathrooms Unit 16: 1
Unit 17
  • Name Unit 17: 306
  • Washer/Dryer Unit 17: false
  • Range/Oven Unit 17: true
  • Refrigerator Unit 17: true
  • Dishwasher Unit 17: false
  • Square Feet Unit 17: 237
  • Rent Unit 17: $995.00
  • Bedrooms Unit 17: 0
  • Fireplaces Unit 17: 0
  • Bathrooms Unit 17: 1
Unit 18
  • Name Unit 18: 401
  • Washer/Dryer Unit 18: false
  • Range/Oven Unit 18: true
  • Refrigerator Unit 18: true
  • Dishwasher Unit 18: false
  • Square Feet Unit 18: 400
  • Rent Unit 18: $1,395.00
  • Bedrooms Unit 18: 1
  • Fireplaces Unit 18: 0
  • Bathrooms Unit 18: 1
Unit 19
  • Name Unit 19: 402
  • Washer/Dryer Unit 19: false
  • Range/Oven Unit 19: true
  • Refrigerator Unit 19: true
  • Dishwasher Unit 19: false
  • Square Feet Unit 19: 422
  • Rent Unit 19: $1,495.00
  • Bedrooms Unit 19: 1
  • Fireplaces Unit 19: 0
  • Bathrooms Unit 19: 1
Unit 20
  • Name Unit 20: 403
  • Washer/Dryer Unit 20: false
  • Range/Oven Unit 20: true
  • Refrigerator Unit 20: true
  • Dishwasher Unit 20: false
  • Square Feet Unit 20: 357
  • Rent Unit 20: $1,350.00
  • Bedrooms Unit 20: 1
  • Fireplaces Unit 20: 0
  • Bathrooms Unit 20: 1
Unit 21
  • Name Unit 21: 404
  • Washer/Dryer Unit 21: false
  • Range/Oven Unit 21: true
  • Refrigerator Unit 21: true
  • Dishwasher Unit 21: false
  • Square Feet Unit 21: 355
  • Rent Unit 21: $1,495.00
  • Bedrooms Unit 21: 1
  • Fireplaces Unit 21: 0
  • Bathrooms Unit 21: 1
Unit 22
  • Name Unit 22: 405
  • Washer/Dryer Unit 22: false
  • Range/Oven Unit 22: true
  • Refrigerator Unit 22: true
  • Dishwasher Unit 22: false
  • Square Feet Unit 22: 178
  • Rent Unit 22: $850.00
  • Bedrooms Unit 22: 0
  • Fireplaces Unit 22: 0
  • Bathrooms Unit 22: 1
Unit 23
  • Name Unit 23: 406
  • Washer/Dryer Unit 23: false
  • Range/Oven Unit 23: true
  • Refrigerator Unit 23: true
  • Dishwasher Unit 23: false
  • Square Feet Unit 23: 237
  • Rent Unit 23: $950.00
  • Bedrooms Unit 23: 0
  • Fireplaces Unit 23: 0
  • Bathrooms Unit 23: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 7194.0
  • Leasable Area Units: Square Feet

Property History for 814 Columbia Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 814 Columbia Street

Taxable ValueLand$1,584,000Additions$3,164,000Total$4,748,000
Tax Record2022$39,109 ($3,259 / month)
Home Facts
Total Finished SqFt7,866 SqFtAbove Ground SqFt7,866 SqFtStories3Lot Size2,880 SqFtStyleMulti-Family Dwelling (2-4)Year Built1907Year Renovated1994ZoningHR (M)CountyKINGAPN859040-0891

Schools near 814 Columbia Street

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
Lowell Elementary School
Public - PK to 5
Edmonds S. Meany Middle School
Public - 6 to 8
Garfield High School
Public - 9 to 12
Seattle World School
Public - 6 to 12
Rating
School
Distance
Lowell Elementary School
PublicPK to 5

Edmonds S. Meany Middle School
Public6 to 8

Garfield High School
Public9 to 12

Seattle World School
Public6 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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More information about 814 Columbia Street, Seattle, WA 98104

814 Columbia Street is a multi-family home for sale in Seattle, WA 98104. This property was listed for sale on October 14, 2024 by Blake Investment Advisors, it's currently listed at $5,750,000. It has been on the market for a total of 68 days and was last sold on April 28, 2005. This listing's school district is Seattle Public Schools. Nearby schools include Lowell Elementary School, Edmonds S. Meany Middle School and Garfield High School. 814 Columbia Street is a 15-bed, 23-bath, 7,194 sqft multi-family home built in 1907.

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 Blake Investment 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.