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2209 E Thomas St, Seattle, WA 98112

$1,430,000
Last sold 01/31/2022 for $1.98M
—
bed
—
bath
4,527
Sqft ($439/Sqft)

House not for sale

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About 2209 E Thomas St

Property type House

Neighborhood

Year built 1961

HOA fee $0/month

Lot size 8,200 Sqft

Movoto estimate

Property description

Well managed triplex in prime Capitol Hill location. Monthly rents of $10,140 + tenants pay all utilities. Situated on an 8200 sqft corner lot zoned LR2 with development opportunities + views. This property works well as either an income producing investment or as a development option. Detached 2 car garage + off street parking for 6 vehicles. One block from Miller playfield + easy access to 520, Cap Hill amenities. Pre-inspection available. Great long-term tenants.

Listed by

Listing Agent - Casey Price

Listing Office - Windermere Real Estate M2 LLC

Source: NWMLS

MLS#1885346 • last updated 1 year ago

Movoto checked NWMLS for data 3 minutes ago

Overview
Levels/Style	Triplex
MLS #	1885346
SubType	Multi-Family
Type	Residential Income
SqFt	4527
Status	Sold
Lot Size (SqFt)	8200
Lot Size (Acres)	0.1882
Property Tax	13045
Buying Office	LS-NonOffice
Year Built	1961
Condition	Good

Interior

Exterior
Foundation	Poured Concrete
Roof	Composition
# Open Parking Spaces	6
# Covered Spaces	2
Parking Desc	RV Parking
# Parking Spaces	8
# Uncovered Spaces	6

Amenities / Utilities
Sewer/ Septic	Sewer Connected, City Of Seattle
Water	Public
Water Company	City Of Seattle
Power Company	PUD
Power Production: Type	Electric, Natural Gas
Security Features	FullyFenced
HOA Amenities	Basement

Location
County	King
Subdivision	Capitol Hill
Area	390 - Central Seattle
High School District	Seattle
APN	955000053
Zoning	Multi-Family

Multifamily Details
Net Operating Income	102353
Capitalization Rate	4.66
Expense: Insurance	1510
Gross Scheduled Income	128388
Expense: Fuel	920
Gross Adjusted Income	124536
Total Expenses	22183
Gross Rent Multiplier	17
Nwm_Totalmonthlyincome	10699
Vacancy Rate	3

Lot/ Land Details
Site Features	Fenced-Partially, Gas Available, Patio, RV Parking

$1.43M

Range: $1.04M-$1.81M

Last 30 days

Rental est.: $1,198/month

• Gross rent multiplier: 138.3

Lower your payment with the loan terms that fit you.

Jan 2022
Public Records
Jan 31, 2022 Sold
$1,987,500
Jan 2022
MLS # 1885346
Jan 31, 2022 Sold
$1,987,500
Jan 31, 2022 Listed
$1,987,500 (-9.5%)
Mar 2020
MLS # 1575358
Mar 18, 2020 Listed
$2,195,000 (+197.0%)
Aug 2012
Public Records
Aug 29, 2012 Sold
$739,000
Aug 2012
MLS # 382749
Aug 29, 2012 Sold
$739,000 (-0.1%)
Jul 16, 2012 Listed
$739,900 (+196.0%)
Mar 2007
Public Records
Mar 12, 2007 Sold
$250,000

2209 E Thomas St
$1.98M
Stevens
$1.09M -19% y/y
98112
$1.29M -10% y/y
Seattle
$679K -15% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
228 22nd Ave E, Seattle, WA 98112	$798,000	2/1	780	0.01
226 22nd Ave E, Seattle, WA 98112	$1,070,000	2/1	1,010	0.02
300 22nd Ave E, Seattle, WA 98112	$2,534,000	4/2	3,140	0.02
2206 E Thomas St, Seattle, WA 98112	$2,424,000	4/3	3,140	0.02
222 22nd Ave E, Seattle, WA 98112	$1,345,000	4/2	2,350	0.02
2212 E Thomas St, Seattle, WA 98112	$859,000	2/1	1,000	0.03
235 22nd Ave E, Seattle, WA 98112	$1,897,000	3/2	2,110	0.03
218 22nd Ave E, Seattle, WA 98112	$1,049,000	2/1	1,290	0.03

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.