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812 N 59th St, Seattle, WA 98103

$989,000

Last sold 09/03/2025 for $800K

—
bed
—
bath
1,970
Sqft ($406/Sqft)

House not for sale

Listing Broker: Paragon Real Estate Advisors; Nick Hemming

About 812 N 59th St

Property type House

Neighborhood

Year built 1950

HOA fee $0/month

Lot size 4,000 Sqft

Movoto estimate

Property description

Situated just west of Green Lake on a tranquil street, the property boasts an ideal location with seamless access to State Route 99, downtown Seattle, and Green Lake. The triplex comprises three one-bedroom units, each featuring a contemporary floor plan along with shared coin operated laundry. The upper units are distinguished by vaulted ceilings and an abundance of natural light while the interiors exhibit timeless elegance through hardwood floors and original cabinetry. This value-add opportunity offers tremendous upside through increased rents and the ability to capture additional upside through modernization and cosmetic improvements.

Listed by

Listing Agent - Nick Hemming

Listing Office - Paragon Real Estate Advisors

Source: NWMLS

MLS#2369785 • last updated 1 year ago

Movoto checked NWMLS for data 21 minutes ago

Overview
Cooling/AC	None
Heating	Forced Air
Levels/Style	Triplex
MLS #	2369785
SubType	Multi Family
Type	Residential Income
SqFt	1970
Status	Sold
Lot Size (SqFt)	4000
Lot Size (Acres)	0.0918
Property Tax	8892
Buying Office	Every Door Real Estate
Year Built	1950
Buying Office Phone	425-243-3482

Exterior
Roof	Composition

Amenities / Utilities
Sewer/ Septic	Sewer Connected
Power Production: Type	Electric

Location
County	King
Subdivision	Woodland Park
Area	705 - Ballard/Greenlake
High School District	Seattle
APN	1928300880

Multifamily Details
Net Operating Income	26309
Capitalization Rate	3.1
Expense: Insurance	1181
Gross Scheduled Income	44220
Expense: Other	3595
Gross Adjusted Income	42009
Total Expenses	15700
Gross Rent Multiplier	19.22
Nwm_Totalmonthlyincome	3685
Vacancy Rate	5

$989K

Range: $632K-$1.34M

Last 30 days

Rental est.: $901/month

• Gross rent multiplier: 74.0

Lower your payment with the loan terms that fit you.

Sep 2025
Public Records
Sep 3, 2025 Sold
$800,000
Sep 2025
MLS # 2369785
Sep 3, 2025 Sold
$800,000 (-5.9%)
Aug 18, 2025 Pending
—
Jul 8, 2025 Price Change
$850,000 (-5.6%)
May 5, 2025 Listed
$900,000 (+91.5%)
Aug 2005
Public Records
Aug 19, 2005 Sold
$470,000
Aug 2005
MLS # 25100802
Aug 18, 2005 Sold
$470,000 (+4.4%)
Jul 11, 2005 Listed
$449,999 (+16.9%)
May 2004
Public Records
May 21, 2004 Sold
$385,000 (+1.3%)
May 2004
MLS # 24048888
May 15, 2004 Sold
$380,000
Apr 16, 2004 Listed
$379,950

Year Property taxes Tax assessment
2025
$10,685 +18.9%

$1,024,000 +11.06%
2024
$8,989 +4.4%

$922,000 -7.71%
2023
$8,607

$999,000
2022
$8,607 +17.8%

$999,000 +22.58%
2021
$7,310 -5.7%

$815,000 +2.39%
2020
$7,755 +20.5%

$796,000 +8.89%
2019
$6,434 -2.2%

$731,000 +12.29%
2018
$6,579 +31.0%

$651,000 +12.44%
2015
$5,024

$579,000

812 N 59th St
$800K
Woodland Park
—
98103
$725K -12% y/y
Seattle
$670K -10% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
810 N 59th St, Seattle, WA 98103	$1,947,000	6/2	3,690	0.01
816 N 59th St, Seattle, WA 98103	$922,500	3/1	1,460	0.01
806 N 59th St, Seattle, WA 98103	$1,338,800	3/2	1,940	0.01
815 N 60th St, Seattle, WA 98103	$1,585,300	4/2	2,740	0.02
5900 Linden Ave N, Seattle, WA 98103	$2,519,300	6/3	3,770	0.02
809 N 60th St, Seattle, WA 98103	$1,475,300	5/2	2,060	0.02
817 N 60th St, Seattle, WA 98103	$1,280,500	8/3	2,670	0.02
807 N 60th St, Seattle, WA 98103	$834,300	2/1	970	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.