2303 NE 89th St $1,385,000

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    2303 NE 89th St Seattle, WA 98115

    • 0 Beds
    • 0 Baths
    • 2,950 sq.ft.
    • Multi-Family
    Listing# 1522160 | Active
    Days On Market: 23 2 Views
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    Property Details

    4-unit property consisting of two duplexes on one 9482 SqFt corner lot (zoned LR1). Meticulously maintained by current owner for 16 years; fully occupied with quality tenants; plenty of upside in rents + additional income streams. Shared laundry room w/ coin-op machines. All units and systems have been updated (roof, plumbing, windows, etc). This is a solid turn-key investment located in a very desirable neighborhood close to UW, Downtown Seattle, & Northgates new railway station.

    • General Features
      • County King
      • County King
      • Lot Details Corner Lot, Paved Street
      • Lot Dimensions 111 x 85
      • Lot Square Footage 9,482
      • Number of Stories 2
      • Number of Units 4
      • Site Features Deck, Fenced-Partially, Gas Available, Patio, RV Parking
      • Style 54-4-Plex
      • View Territorial
      • Year Built 1911
    • Building Features
      • Roof Compostion
      • Exterior Wood
      • Amenities Coin Op Laundry, Thermal Windows
      • Approx SqFt 2,950
      • Floor Covering Ceramic Tile, Laminate Hardwood, Wall to Wall Carpet
    • Financials
      • Total Monthly Income $6,925
      • Net Operating Income $65,863
      • Gross Scheduled Income $82,975
      • Gross Adjusted Income $81,343
      • Total Expenses $15,480
      • Other Expenses $1,000
      • Insurance Expenses $780
      • Expenses $15,480
      • Heating Expenses $0
      • Electrical Expenses $0
      • Gross Rent Multiplier 16
    • Utilities and Taxes
      • Tax Year 2019
      • Tax Amount $9,850
      • Energy Source Electric
      • Heating and Cooling Forced Air
      • Water Company Seattle Public Utilities
      • Sewer Company Sewer Connected
    • Schools
      • School District Seattle
      • Senior High Buyer To Verify
      • Junior High Buyer To Verify
      • Elementary School Buyer To Verify

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    Neighborhood

    98115 (Seattle) Demographics

    38Median Age
    7,629Population Density (per sq. mile)
    78%College Educated
    $97,039 Estimated Median Income
    13,340Estimated Total Home Owners
    7,990Estimated Total Renters
    63% / 37%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    50,258Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $775,000 Median Sales Price
    49 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,385,000
        9/25/2019 5:01:00 PM 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, 2019. 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.