7023 16th Avenue SW Seattle, WA $ 1,250,000
7023 16th Avenue SW
$ 1,250,000
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7023 16th Avenue SW

Seattle, WA, 98106
$ 1,250,000
Baths0.0 Sq 3,300

Monthly Estimate*

$ 7,798

Listed by eXp Realty
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Studio

Multi-Family Home for sale in Seattle, WA

for $1,250,000. This 3,300 square foot home was built in 2013 on a lot size of 0.1232.

Investor’s Dream or the unlimited House Hack! Located just steps from South Seattle College, this unique property offers the ultimate income-generating opportunity. The main home features 8 private bedrooms, each with its own en suite bathroom, one even has a kitchenette, making it perfect for extended stays or higher rental income. Tucked away with its own separate entrance is a 1 bed / 1 bath ADU, ideal for owner-occupancy or a steady rental stream. Live in one unit and let the rest pay your mortgage and then some. Or go fully passive and bring in a hands-off 9.8% cap rate with a property manager in place. Whether you’re a savvy investor or looking for a creative way to build wealth through real estate, this property checks all the boxes!

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Multi-Family Active

Price

$ 1,250,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 9,390

Style

Duplex

Lot Size

0.1232

Year Built

2013

Town/City

Seattle

County/Region

King

MLS | Web ID

2396536

Features
General
Living Area 0
Sewer Sewer Connected
Heating Wall Unit(s)
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Security Features Partially Fenced
Year Built 2013
View Territorial
Property Subtype Multi Family
Tax Year 2025
County King
Net Operating Income 123601
Insurance Expense 3000
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Delridge
Possible Use Residential
Special Listing Conditions None
Status Active
Directions Hwy 99 North to Highland Park Way SW Right onto SW Holden St Right onto 16th Ave SW to home on Left.
High School West Seattle High
City Seattle
Senior Community Y/N N
High School District Seattle
Zoning Description Residential
Open Parking Spaces 5
Number Of Units Total 2
MLS Area 140 - West Seattle
Lot Size Units Square Feet
Lot Size Square Feet 5368
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional FHA Rehab Loan State Bond VA Loan
Elementary School Sanislo
Tax Annual Amount 9390
Electric Expense 5500
Fuel Expense 0
Middle/Junior High School Madison Mid
Property Condition Good
Public Remarks Investors Dream or the unlimited House Hack! Located just steps from South Seattle College this unique property offers the ultimate income-generating opportunity. The main home features 8 private bed
Leasable Area 3300
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Water Company Seattle Public Utilities
Units Below Grade false
Units In Building Total 2
Water Sewer Garbage 5000
Property Style 52 - Duplex
Cap Rate 9.8
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Exterior
Exterior Amenities Wood Products
Parking Features RV Parking
Lot Features Curbs Secluded Sidewalk
Water Source Public
Total Parking 6
Foundation Details Poured Concrete
Building Area Total 3300
Lot Size Acres 0.1232
Waterfront Y/N N
Covered Spaces 1
Irrigation Water Rights Y/N N
Site Features Cable TV Fenced-Partially Gas Available High Speed Internet Outbuildings RV Parking
Parking Uncovered Spaces 5
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Interior
Flooring Hardwood Vinyl Plank Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2396536
Street Number 1 7023
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* Excluded Features
List By
Becca Pitts

Listing Agent

Exp Realty

Broker

Affordability Calculator

$8,581
Per Month
91%
9%
0%
Monthly Principal & Interest
$7,798
Monthly Property Taxes
$783
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2875471 Elementary School
257570 Middle School
West Seattle High High School
Pricing History
DatePricePrice ChangeDescription
6/21/2025$1,250,000 Listed Price

Map


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7023 16th Avenue SW, Seattle, WA, 98106 is a Multi-Family Home for sale at $1,250,000 with 3,300 sqft and a lot size of 0.1232. 7023 16th Avenue SW is a studio with 0.0 baths and was built in 2013. The property's zip code is 98106 which is in Seattle, WA