3425 14th Avenue W Seattle, WA $ 4,395,000
3425 14th Avenue W
$ 4,395,000
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3425 14th Avenue W

Seattle, WA, 98119
$ 4,395,000
Baths0.0 Sq 12,270

Monthly Estimate*

$ 27,061

Listed by Paragon Real Estate Advisors
3425 14th Avenue W, Seattle, WA 98119 - Image 1
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Studio

Multi-Family Home for sale in Seattle, WA

for $4,395,000. This 12,270 square foot home was built in 1989 on a lot size of 0.2066.

Well-located 19 unit multifamily investment positioned in Seattle’s Queen Anne / Interbay corridor with expansive views overlooking Interbay, Magnolia, and Fishermen’s Terminal. The unit mix consists of a combination of large studio units and large one-bedroom residences with an average unit size of approximately 646 square feet. Most units have received interior updates including refreshed cabinetry, LVP flooring, and a mix of Formica, granite, and quartz countertops. Building capital improvements include the installation of a new TPO roof in 2025. Other building systems include copper plumbing, GE electrical panels, and double-pane aluminum windows. Additional amenities such as secured covered garage parking, a secured entry intercom system, in-unit water tanks, on-site laundry, and basement storage units further enhance tenant appeal and contribute to operational stability. There is potential to add in-unit washers and dryers (subject to buyer verification), offering an additional avenue for future rental income creation.

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Multi-Family Active

Price

$ 4,395,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 39,716

Style

10+ Units

Lot Size

0.2066

Year Built

1989

Town/City

Seattle

County/Region

King

MLS | Web ID

2476496

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing Subject to Tenant Rights
Roof Flat
HOA Fee 0
Garage Spaces 10
Year Built 1989
Property Subtype Multi Family
Tax Year 2025
County King
Net Operating Income 198247
Insurance Expense 12511
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Interbay
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions From Aurora Ave N - Right on Halladay St. Right on 6th Ave N. Left on Dexter Ave N Left on Nickerson St. Keep left to stay on Nickerson. Left on 14th. Property is on the right.
City Seattle
Senior Community Y/N N
High School District Seattle
Zoning Description Multi-Family
Number Of Units Total 19
MLS Area 700 - Queen Anne/Magnolia
Lot Size Units Square Feet
Lot Size Square Feet 9000
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional
Tax Annual Amount 39716
Electric Expense 0
Fuel Expense 0
Public Remarks Well-located 19 unit multifamily investment positioned in Seattles Queen Anne / Interbay corridor with expansive views overlooking Interbay Magnolia and Fishermens Terminal. The unit mix consists of
Leasable Area 12270
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Coin Op Laundry
Units Below Grade false
Units In Building Total 19
Water Sewer Garbage 20066
Property Style 56 - 10+ Units
Cap Rate 4.51
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Exterior
Exterior Amenities Wood Wood Products
Foundation Details Poured Concrete
Building Area Total 12270
Lot Size Acres 0.2066
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Parking Uncovered Total 9
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Interior
Flooring Vinyl Plank
Total Fireplaces 0
Total Stories 4
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 NWM2476496
Street Number 1 3425
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* Excluded Features
List By
Brian D. Platt

Listing Agent

Paragon Real Estate Advisors

Broker

Affordability Calculator

$30,370
Per Month
89%
11%
0%
Monthly Principal & Interest
$27,061
Monthly Property Taxes
$3,310
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
257829 Elementary School
258279 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/5/2026$4,395,000 Listed Price

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3425 14th Avenue W, Seattle, WA, 98119 is a Multi-Family Home for sale at $4,395,000 with 12,270 sqft and a lot size of 0.2066. 3425 14th Avenue W is a studio with 0.0 baths and was built in 1989. The property's zip code is 98119 which is in Seattle, WA