1511 E Alder St $1,100,000


    1511 E Alder St Seattle, WA 98122



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    • 0 Beds
    • 0 Baths
    • 4,433 sq.ft.
    • Multi-Family
    • Listing# 1557164
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    Views: 2 Days On Market: 8

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    Property Details

    For the savvy investor…or someone with the eye for design to renovate! A RARE opportunity to own a diamond in the rough. Choose to lease, live-in and renovate OR completely transform into incredible single family estate. The stellar location, city VIEWS and treasured Colonial design blends w/quaint features: covered porch entry, grand staircase, fir floors, large formal rooms, expansive attic & basement. Just minutes to vibrant Broadway, downtown, First Hill streetcar and I-90 access.

    • General Features
      • County King
      • County King
      • Lot Details Curbs, High Voltage Line, Paved Street, Sidewalk
      • Lot Square Footage 3,360
      • Number of Stories 4
      • Number of Units 2
      • Selling Office Commission 3%
      • Site Features Cable TV, Deck, Fenced-Partially, High Speed Internet, Shop
      • Style 52 Duplex
      • View City, Territorial
      • Year Built 1904
    • Building Features
      • Roof Compostion
      • Exterior Wood, Wood Products
      • Amenities Basement, Storage, Thermal Windows
      • Approx SqFt 4,433
      • Floor Covering Concrete, Fir/Softwood, Hardwood, Laminate Tile, Wall to Wall Carpet
    • Financials
      • Total Monthly Income $6,000
      • Net Operating Income $72,000
      • Gross Scheduled Income $72,000
      • Gross Adjusted Income $62,190
      • Total Expenses $9,810
      • Other Expenses $0
      • Insurance Expenses $1,350
      • Expenses $9,810
      • Heating Expenses $0
      • Electrical Expenses $0
      • Gross Rent Multiplier 15
    • Utilities and Taxes
      • Tax Year 2019
      • Tax Amount $8,460
      • Energy Source Electric, Natural Gas
      • Water Company Seattle Public Utilities
      • Sewer Company Sewer Connected
    • Schools
      • School District Seattle
      • Senior High Garfield High
      • Junior High Wash Mid
      • Elementary School Bailey Gatzert



    98122 (Seattle) Demographics

    32 Median Age
    15,318 Population Density (per sq. mile)
    72% College Educated
    $65,339 Estimated Median Income
    5,628 Estimated Total Home Owners
    11,491 Estimated Total Renters
    33% / 67% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    35,445 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $752,000 Median Sales Price
    23 Homes Sold
    50 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,100,000
        2/14/2020 7:21:00 AM New in Database Source

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2020. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.