10443 17 Avenue SW, Seattle, WA 98146

Property Description

Back on the market — prior buyer's financing fell through, no fault of the property. Turnkey, 100% occupied 4-plex in Seattle's 98146 rental corridor, fully renovated in 2025 and offered under $1M. A clean, stabilized asset delivering income from day one. All four 2BD/1BA units were comprehensively renovated in 2025 with in-unit washer/dryer, private outdoor space (decks, patios, yards), and reserved parking — finishes that keep good tenants in place and turnover low. Verified, lender-ready financials: four units leased to stable long-term tenants at $1,800/mo, $86,400 gross annual income, ~$68,354 NOI, 6.84% cap rate. Market rents trending to $1,950+/mo offer built-in upside with zero additional capex. Consistent demand from proximity to major employment centers, transit, and neighborhood amenities keeps units full, and renovated small multifamily in 98146 rarely comes available at this price. Ideal for buy-and-hold investors, house hackers, and 1031 exchange buyers seeking immediate deployment of capital into a stabilized, income-producing asset with real upside. Full financials, rent roll, and expense breakdown available on request. Serious buyers — clean financials, motivated seller, and a property ready to perform.

Listing Status:

Active

Data Last Updated:

July 5, 2026 at 7:20AM

Listing Office:

AgencyOne : 425-772-7500

Listing Agent:

Deep Paknikar : 425-772-7500

MLS ID:

2502279

Interior

• A/C: None
• Heating: Forced Air
• Fireplace: Fireplaces: 0

Exterior

• General: Cement Planked
• Parking: Parking spaces: 12

Construction

• Roofing: Composition
• General: 54 - 4-Plex

Location

• HOA Amenities: 11.0Monthly
• Originating MLS: nwmls
• School District: Highland
• County: King

Lot

• Zoning: 2352950000

Utilities

• Sewer: Sewer Connected

Financial

• Source: nwmls