Movoto Real Estate

228 21st Ave E, Seattle, WA 98112

  • $1,900,000

  • bed

  • bath

  • 3,610

    Sqft ($526/Sqft)

House for sale 90 days
Movoto is helping 102 homebuyers near you

About 228 21st Ave E

Property type House
Neighborhood
Year built 2024
HOA fee $0/month
Lot size 4,200 Sqft
Movoto estimate
Property description
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. 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.
Listed by
Listing Agent - Matthew Weber
Listing Office - Westlake Associates, Inc.
Source: NWMLS mls logo
MLS#2533245 • last updated 2 weeks ago
Movoto checked NWMLS for data 19 minutes ago
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Overview
Cooling/AC Heat Pump
Heating Heat Pump
Levels/Style Quadruplex
MLS # 2533245
SubType Multi Family
Type Residential Income
SqFt 3610
Status Active
Lot Size (SqFt) 4200
Lot Size (Acres) 0.0964
Property Tax 24168
New Construction (Y/N) 1
Year Built 2024
New Construction Completed
Interior
Exterior
Foundation Poured Concrete
Roof Metal
Construction Cement Plank
Exterior Features Cement Planked
Amenities / Utilities
Sewer/ Septic Sewer Connected
Water Public
Power Production: Type Electric
HOA Amenities Fire Sprinklers
Location
County King
Subdivision Capitol Hill
Area 390 - Central Seattle
High School District Seattle
APN 955000265
Multifamily Details
Net Operating Income 82279
Capitalization Rate 4.33
Expense: Insurance 3216
Expense: Electricity 1000
Gross Scheduled Income 122364
Expense: Other 5130
Gross Adjusted Income 118693
Total Expenses 35664
Gross Rent Multiplier 15.53
Nwm_Totalmonthlyincome 10197
Vacancy Rate 3
Lot/ Land Details
Site Features Cable TV, Deck, Patio
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Source: GreatSchools.org © 2026. All rights reserved.

Around Stevens

Explore everything this neighborhood has to offer. Learn more about Stevens.
81/100
Walk
61/100
Family
97/100
Dining
100/100
Pet
  • Real Estate
  • WA
  • King County
  • Seattle
  • 98112
  • Stevens
  • 228 21st Ave E

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