228 21st Avenue E Seattle, WA $ 1,900,000
228 21st Avenue E
$ 1,900,000
New Construction
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228 21st Avenue E

Seattle, WA, 98112
$ 1,900,000
Baths0.0 Sq 3,610

Monthly Estimate*

$ 11,997

Listed by Westlake Associates, Inc.
228 21st Avenue E, Seattle, WA 98112 - Image 1
228 21st Avenue E, Seattle, WA 98112 - Image 2
228 21st Avenue E, Seattle, WA 98112 - Image 3
228 21st Avenue E, Seattle, WA 98112 - Image 4
228 21st Avenue E, Seattle, WA 98112 - Image 5
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228 21st Avenue E, Seattle, WA 98112 - Image 8
228 21st Avenue E, Seattle, WA 98112 - Image 9
228 21st Avenue E, Seattle, WA 98112 - Image 10
Studio

Multi-Family Home for sale in Seattle, WA

for $1,900,000. This 3,610 square foot home was built in 2024 on a lot size of 0.0964.

Located in the Miller Park neighborhood of Seattle, known for exceptional walking and biking scores, this property consists of a triplex + detached accessory dwelling unit (DADU). These well-built buildings were constructed in 2024. Units are equipped with full appliance packages that include refrigerator, oven, over range microwave, dishwasher, and full-size washer and dryer. Other amenities include wall mounted mini-splits that provide heating and cooling. Uniquely, the buildings have solar panels on the roof. All units in the triplex were newly leased in early 2026, and the DADU remains vacant for the possibility of an owner occupant. Two units in the triplex are designated Mandatory Housing Affordability units (MHA). These units have restricted rent based on MHA schedules and are also restricted to tenants that qualify under the program. The designation is permanent for these two units. The other two units can be rented at market rates or occupied by a new owner. Expenses are mostly estimated.

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Multi-Family Active

Price

$ 1,900,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 24,168

Style

4-Plex

Lot Size

0.0964

Year Built

2024

Town/City

Seattle

County/Region

King

MLS | Web ID

2533245

Features
General
Living Area 0
Sewer Sewer Connected
Heating Heat Pump
Cooling Heat Pump
Possession Closing
Roof Metal
HOA Fee 0
Garage Spaces 0
Year Built 2024
Property Subtype Multi Family
Tax Year 2026
County King
Net Operating Income 82279
Insurance Expense 3216
New Construction Y
Property Type Residential Income
HOA N
Subdivision Name Capitol Hill
Possible Use Multi-Family Residential
Special Listing Conditions None
Status Active
Directions From I-5 take Exit 168A to Boylston Ave E. Go via E Roanoke St right on 23rd Ave E left on E Thomas St then right on 21st Ave E.
City Seattle
Senior Community Y/N N
High School District Seattle
Zoning Description Multi-Family Residential
Number Of Units Total 4
MLS Area 390 - Central Seattle
Lot Size Units Square Feet
Lot Size Square Feet 4200
Carport Spaces 0
Carport Y/N N
Listing Terms Cash
Tax Annual Amount 24168
Electric Expense 1000
Fuel Expense 0
Public Remarks Located in the Miller Park neighborhood of Seattle known for exceptional walking and biking scores this property consists of a triplex + detached accessory dwelling unit (DADU). These well-built buil
Leasable Area 3554
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Active
Amenities Fire Sprinklers
Units Below Grade true
Units In Building Total 4
Water Sewer Garbage 2150
Property Style 54 - 4-Plex
Cap Rate 4.33
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Exterior
Exterior Amenities Cement Planked
Lot Features Paved Secluded
Water Source Public
Total Parking 0
Foundation Details Poured Concrete
Building Area Total 3610
Lot Size Acres 0.0964
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Cable TV Deck Patio
Parking Uncovered Total 0
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Interior
Flooring Laminate Vinyl
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N Y
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 NWM2533245
Street Number 1 228
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* Excluded Features
List By
Matthew Weber

Listing Agent

Westlake Associates, Inc.

Broker

Affordability Calculator

$14,011
Per Month
86%
14%
0%
Monthly Principal & Interest
$11,997
Monthly Property Taxes
$2,014
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
6/2/2026$1,900,000 Listed Price

Map


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228 21st Avenue E, Seattle, WA, 98112 is a Multi-Family Home for sale at $1,900,000 with 3,610 sqft and a lot size of 0.0964. 228 21st Avenue E is a studio with 0.0 baths and was built in 2024. The property's zip code is 98112 which is in Seattle, WA