4207 S Bateman Street Seattle, WA $ 895,000
4207 S Bateman Street
$ 895,000
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4207 S Bateman Street

Seattle, WA, 98118
$ 895,000
Baths0.0 Sq 2,740

Monthly Estimate*

$ 5,511

Listed by eXp Realty
4207 S Bateman Street, Seattle, WA 98118 - Image 1
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Studio

Multi-Family Home for sale in Seattle, WA

for $895,000. This 2,740 square foot home was built in 1952 on a lot size of 0.1205.

Fully occupied, income-producing Seattle triplex delivering immediate cash flow with stable rents already in place and a clear path to higher returns. This well-maintained asset features one-year leases with reliable tenants, providing predictable in-place income and stable occupancy from day one. A future utility restructuring creates a realistic opportunity to improve operations and increase returns, with the property currently operating at a 4.35% cap rate and the potential to reach an estimated 6.63% pro forma cap rate at the current list price. Ask for the Investment Snapshot. Ideally located in the desirable Rainier Valley corridor between Hillman City and Brighton, the property offers quick access to Rainier Ave S, I-5, I-90, public transit, cafés, parks, schools, and major employment centers. This turnkey investment is ideal for local, out-of-area, or 1031 exchange buyers seeking a well-leased Seattle multifamily asset with immediate revenue, long-term appreciation potential, and a visible NOI growth strategy. Buyer to comply with all Washington and Seattle tenant-protection laws and honor existing leases. Financials, rent roll, and maintenance history available upon request.

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Multi-Family Active

Price

$ 895,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 8,842

Style

Tri-plex

Lot Size

0.1205

Year Built

1952

Town/City

Seattle

County/Region

King

MLS | Web ID

2521049

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard Radiant Radiator
Cooling Window Unit(s)
Possession Subject To Tenant Rights
Roof Composition
HOA Fee 0
Garage Spaces 0
Security Features Partially Fenced
Year Built 1952
View Territorial
Property Subtype Multi Family
Tax Year 2026
County King
Net Operating Income 38963
Insurance Expense 756
New Construction N
Property Type Residential Income
HOA N
Energy Efficient Thermal Windows
Subdivision Name Brighton
Possible Use Residential
Special Listing Conditions None
Status Active
Directions From I-5 take the exit to Martin Luther King Jr Way S / Rainier Ave S toward South Seattle. Continue on Rainier Ave S and turn onto S Bateman St. Follow S Bateman St to the property on the block of 4
High School Cleveland High
City Seattle
Senior Community Y/N N
High School District Seattle
Zoning Description Residential
Number Of Units Total 3
MLS Area 380 - Southeast Seattle
Lot Size Units Square Feet
Lot Size Square Feet 5250
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional
Elementary School M L King Elem
Tax Annual Amount 8842
Electric Expense 4820.16
Fuel Expense 3679.68
Middle/Junior High School Aki Kurose
Property Condition Very Good
Public Remarks Fully occupied income-producing Seattle triplex delivering immediate cash flow with stable rents already in place and a clear path to higher returns. This well-maintained asset features one-year leas
Leasable Area 2750
Virtual Tour https://www.virtuance.com/listing/4207-s-bateman-st-seattle-washington-2
Structure Type Triplex
Building Area Units Square Feet
Standard Status Active
Amenities Storage Thermal Windows
Water Company SPU
Units Below Grade true
Units In Building Total 3
Water Sewer Garbage 11908.99
Property Style 53 - Tri-plex
Cap Rate 4.35
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Exterior
Exterior Amenities Brick Wood Products
Parking Features RV Parking
Lot Features Alley Paved Sidewalk
Water Source Public
Total Parking 6
Foundation Details Poured Concrete
Building Area Total 2740
Lot Dimensions 5250
Lot Size Acres 0.1205
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Cable TV Fenced-Partially Gas Available Outbuildings Patio RV Parking
Parking Uncovered Total 6
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Interior
Flooring Ceramic Tile Hardwood
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2521049
Street Number 1 4207
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* Excluded Features
List By
Velia M Sierra

Listing Agent

Exp Realty

Broker

Affordability Calculator

$6,248
Per Month
88%
12%
0%
Monthly Principal & Interest
$5,511
Monthly Property Taxes
$737
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
3780220 Elementary School
257906 Middle School
Cleveland High High School
Pricing History
DatePricePrice ChangeDescription
5/11/2026$895,000 Listed Price

Map


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4207 S Bateman Street, Seattle, WA, 98118 is a Multi-Family Home for sale at $895,000 with 2,740 sqft and a lot size of 0.1205. 4207 S Bateman Street is a studio with 0.0 baths and was built in 1952. The property's zip code is 98118 which is in Seattle, WA