This listing courtesy of Quirina Maravilla , eXp Realty
$1,699,950

9265 57th Avenue S, Seattle, WA 98118

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1923
  • Property Lot Size Icon4,726sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 days ago

Property Description

Exceptional value-add investment opportunity in Seattle's evolving Rainier Beach neighborhood, just moments from Lake Washington. This 7-unit multifamily property features an ideal unit mix of four 2-bedroom/1-bath units and three 1-bedroom/1-bath units, providing strong in-place income with additional revenue from on-site coin-operated laundry. Current ownership has maintained consistent occupancy while offering the next owner the opportunity to enhance value through cosmetic unit updates as vacancies occur. Investors will appreciate the potential to improve rental income over time while benefiting from immediate cash flow. Situated on an NC155(M)-zoned lot with six tandem parking spaces accommodating up to 12 vehicles, the property also offers long-term redevelopment potential (buyer to verify). Conveniently located near Lake Washington, transit, neighborhood restaurants, shopping, and ongoing community investment, this is a rare opportunity to acquire a well-performing asset with multiple avenues for future growth. Some interior photos have been virtually staged for illustrative purposes only. Virtual staging is limited to furnishings and décor.

Listing Status:
Active
Data Last Updated:
July 4, 2026 at 9:19PM
Listing Office:
eXp Realty : 888-317-5197
Listing Agent:
Quirina Maravilla : 888-317-5197
MLS ID:
2548973
  • Flooring: LaminateVinylCarpet
  • A/C: None
  • Heating: BaseboardWall Furnace
  • Fireplace: Fireplaces: 0
  • Eco/Green Feature: Thermal Windows
  • General: BrickWoodWood Products
  • Parking: Parking spaces: 12
  • Roofing: FlatTorch Down
  • General: 55 - 5-9 UnitsPoured Concrete
  • HOA Amenities: 0.0
  • Originating MLS: nwmls
  • School District: Seattle
  • County: King
  • Zoning: 7129304700
  • View: LakePartialTerritorialView
  • Sewer: Sewer Connected
  • Source: nwmls

This listing courtesy of Quirina Maravilla , eXp Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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