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Sold on 07/17/2015

206 23rd Ave E, Seattle, WA 98112

  • $1,177,269

    Last sold 07/17/2015 for $975K

  • —

    bed

  • —

    bath

  • 2,496

    Sqft ($391/Sqft)

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About 206 23rd Ave E

Property type House
Neighborhood
Year built 1903
HOA fee $0/month
Lot size 4,200 Sqft
Movoto estimate
Property description
Capitol Hill 4-plex offering tremendous value to real estate investors. The exterior is wood with energy efficient windows. Two units are 2-bedroom/1-bath units, one at 790 Sq Ft and the other at 680 Sq Ft. The other units are 1-bedroom/1-bath units averaging, one at 375 Sq Ft and the other at 315 Sq Ft. The property has off-street parking in the rear of building. Zoning is LR3. The building is conveniently located near the Arboretum, Madison Park, Seattle University, and downtown Seattle.
Listed by
Listing Agent - Jonathan D. Bye
Listing Office - John L. Scott - KMS Kent
Source: NWMLS mls logo
MLS#783628 • last updated 1 year ago
Movoto checked NWMLS for data 34 minutes ago
Overview
Levels/Style Quadruplex
MLS # 783628
SubType Multi-Family
Type Residential Income
SqFt 2496
Status Sold
Lot Size (SqFt) 4200
Lot Size (Acres) 0.0964
Property Tax 6780
Buying Office John L. Scott - KMS Kent
Year Built 1903
Buying Office Phone 253-852-9200
Interior
Exterior
Foundation Concrete Ribbon
Roof Composition
# Open Parking Spaces 3
# Parking Spaces 3
# Uncovered Spaces 3
Exterior Features Metal/Vinyl
Amenities / Utilities
Sewer/ Septic Sewer Connected, Seattle Public Utilities
Water Public
Water Company Seattle Public Utilities
Power Company Seattle City Light
Power Production: Type Electric
Security Features SecurityGate
Location
County King
Subdivision Capitol Hill
Area 390 - Central Seattle
High School District Seattle
APN 955000045
Directions I-5 North. Take Madison St. Exit. Turn Right On Madison Street. Turn Left On 23rd Ave E
Zoning Multi-Family, Residential
Multifamily Details
Net Operating Income 31748
Capitalization Rate 3.22
Expense: Insurance 1428
Gross Scheduled Income 52740
Expense: Other 5000
Gross Adjusted Income 51196
Total Expenses 19448
Gross Rent Multiplier 19
Nwm_Totalmonthlyincome 4395
Vacancy Rate 3
Lot/ Land Details
Site Features Cable TV, Deck, Gated Entry, Patio
$1.17M
Range: $1.05M-$1.29M
Last 30 days 
Rental est.: $1,109/month
Gross rent multiplier: 74.0
Powered By Movoto
  • Jul 2015
    mls logo MLS # 783628
  • Jul 17, 2015 Sold
    $975,000 (-1.0%)
  • Jun 16, 2015 Pending
    —
  • May 7, 2015 Listed
    $985,000
  • May 6, 2015 Listed
    $985,000
  • 206 23rd Ave E
    $975K
  • Stevens
    $950K -12% y/y
  • 98112
    $1.34M -2% y/y
  • Seattle
    $699K -11% y/y
No chart available
Statistics calculated by Movoto

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7/10
McGilvra Elementary School
public Grades K-5
Seattle Public Schools
5/10
Edmonds S. Meany Middle School
public Grades 6-8
Seattle Public Schools
8/10
Garfield High School
public Grades 9-12
Seattle Public Schools
Source: GreatSchools.org © 2026. All rights reserved.

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