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418 14th Ave E, Seattle, WA 98112

$1,751,948
Last sold 10/13/2023 for $1.54M
—
bed
—
bath
3,568
Sqft ($432/Sqft)

House not for sale

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About 418 14th Ave E

Property type House

Neighborhood

Year built 1927

HOA fee $0/month

Lot size 5,092 Sqft

Movoto estimate

Property description

4 plex in Capitol Hill with tons of room for sweat equity and rent increase! Zoning also allows potential to build higher. Current use is as 4 large 892 sq foot 1 bedroom units. Units feature family room & dining room with hardwood floors, full kitchen, full bathroom and large bedroom. Basement has laundry units & heating systems as well as rentable storage space. 3 covered carport spaces in back of building. Brick is in great shape, low maintenance for owner!

Listed by

Listing Agent - Greg K Stock

Listing Office - Windermere Chambers Bay

Source: NWMLS

MLS#2149894 • last updated 1 year ago

Movoto checked NWMLS for data 23 minutes ago

Overview
Cooling/AC	None
Heating	Radiant
Levels/Style	Quadruplex
MLS #	2149894
SubType	Multi-Family
Type	Residential Income
SqFt	3568
Status	Sold
Lot Size (SqFt)	5092
Lot Size (Acres)	0.1169
Property Tax	11913
Buying Office	Windermere RE Greenwood
Year Built	1927
Buying Office Phone	206-527-5250
Condition	Good

Interior

Exterior
Foundation	Poured Concrete
Roof	Flat
# Covered Spaces	3
# Parking Spaces	3

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

Location
County	King
Subdivision	Capitol Hill
Area	390 - Central Seattle
Elementary School	Buyer To Verify
Middle School	Buyer To Verify
High School District	Seattle
High School	Buyer To Verify
APN	3303700395

Multifamily Details
Net Operating Income	90807
Capitalization Rate	5.34
Expense: Insurance	3000
Gross Scheduled Income	117600
Gross Adjusted Income	111720
Total Expenses	20913
Gross Rent Multiplier	14
Nwm_Totalmonthlyincome	9800
Vacancy Rate	5

Lot/ Land Details
Site Features	Fenced-Partially

$1.75M

Range: $1.57M-$1.92M

Last 30 days

Rental est.: $967/month

• Gross rent multiplier: 132.7

Lower your payment with the loan terms that fit you.

Oct 2023
Public Records
Oct 13, 2023 Sold
$1,540,000
Oct 2023
MLS # 2149894
Oct 13, 2023 Sold
$1,540,000 (-9.4%)
Sep 11, 2023 Pending
—
Aug 10, 2023 Listed
$1,700,000

418 14th Ave E
$1.54M
Broadway
$549K -48% y/y
98112
$1.26M -12% y/y
Seattle
$675K -15% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
408 14th Ave E, Seattle, WA 98112	$1,340,000	3/1	1,600	0.02
421 Malden Ave E, Seattle, WA 98112	$1,444,000	3/1	1,600	0.02
406 14th Ave E, Seattle, WA 98112	$1,232,000	3/1	1,400	0.02
413 Malden Ave E, Seattle, WA 98112	$2,481,000	3/2	2,880	0.02
417 14th Ave E, Seattle, WA 98112	$1,501,000	4/1	1,890	0.03
409 Malden Ave E, Seattle, WA 98112	$1,487,000	4/1	1,320	0.03
411 14th Ave E, Seattle, WA 98112	$1,643,000	5/1	2,180	0.03
1404 E Harrison St, Seattle, WA 98112	$1,171,000	3/1	1,400	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.