3033 31st Avenue W Seattle, WA $ 900,000
3033 31st Avenue W
$ 900,000
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3033 31st Avenue W

Seattle, WA, 98199
$ 900,000
Baths0.0 Sq 1,800

Monthly Estimate*

$ 5,683

Listed by Keller Williams Eastside
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Studio

Multi-Family Home for sale in Seattle, WA

for $900,000. This 1,800 square foot home was built in 1946 on a lot size of 0.1528.

Investor Alert! Turnkey opportunity with immediate cash flow and future development potential. This fully occupied Duplex, upstairs 2/1 and downstairs 1/1 property generates stable rental income, with both units leased. Situated on NR3-zoned land, the property offers investors the opportunity to collect income while evaluating redevelopment possibilities and maximizing the site's future value. The property underwent updates exterior paint (2025), deck repair (2021) , new sewer line (2022), unit B was remodeled in 2021. Upstairs tenant has been there long term, downstairs has been rented as a furnished apartment to traveling nurses via the Furnished Finders system.

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Multi-Family Active

Price

$ 900,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 7,919

Style

Duplex

Lot Size

0.1528

Year Built

1946

Town/City

Seattle

County/Region

King

MLS | Web ID

2551103

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard Forced Air
Cooling None
Possession Closing Subject To Tenant Rights
Roof Composition
HOA Fee 0
Garage Spaces 0
Security Features Partially Fenced
Year Built 1946
View Territorial
Property Subtype Multi Family
Tax Year 2026
County King
Net Operating Income 2269607
Insurance Expense 1255.17
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Magnolia
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions W Dravus St to 31st Ave W
High School Buyer To Verify
City Seattle
Senior Community Y/N N
High School District Seattle
Zoning Description Multi-Family
Number Of Units Total 2
MLS Area 700 - Queen Anne/Magnolia
Lot Size Units Square Feet
Lot Size Square Feet 6656
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional
Elementary School Buyer To Verify
Tax Annual Amount 7919.26
Electric Expense 1238.61
Fuel Expense 0
Middle/Junior High School Buyer To Verify
Public Remarks Investor Alert! Turnkey opportunity with immediate cash flow and future development potential. This fully occupied Duplex upstairs 2/1 and downstairs 1/1 property generates stable rental income with
Leasable Area 1800
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Water Company City of Seattle
Units Below Grade false
Units In Building Total 2
Water Sewer Garbage 4498.23
Property Style 52 - Duplex
Cap Rate 2.52
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Exterior
Exterior Amenities Wood
Lot Features Alley Curbs Paved Sidewalk
Water Source Public
Total Parking 0
Foundation Details Poured Concrete
Building Area Total 1800
Lot Size Acres 0.1528
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Cable TV Deck Fenced-Partially Gas Available Outbuildings Patio
Parking Uncovered Total 0
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Interior
Flooring Hardwood Vinyl Plank
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric Natural Gas Wood
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2551103
Street Number 1 3033
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* Excluded Features
List By
Genine Wood

Listing Agent

Keller Williams Eastside

Broker

Affordability Calculator

$6,343
Per Month
90%
10%
0%
Monthly Principal & Interest
$5,683
Monthly Property Taxes
$660
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
3100738 Elementary School
3100363 Middle School
Buyer To Verify High School High School
Pricing History
DatePricePrice ChangeDescription
7/8/2026$900,000 Listed Price

Map


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3033 31st Avenue W, Seattle, WA, 98199 is a Multi-Family Home for sale at $900,000 with 1,800 sqft and a lot size of 0.1528. 3033 31st Avenue W is a studio with 0.0 baths and was built in 1946. The property's zip code is 98199 which is in Seattle, WA