10443 17 Avenue Sw, Seattle, WA 98146
Local realty services provided by:Better Homes and Gardens Real Estate Pacific Commons
Listed by: deep paknikar, jeri finch
Office: agencyone
MLS#:2502279
Source:NWMLS
10443 17 Avenue Sw,Seattle, WA 98146
$999,000
- - Beds
- - Baths
- 3,120 sq. ft.
- Multi-family
- Pending
Price summary
- Price:$999,000
- Price per sq. ft.:$320.19
- Monthly HOA dues:$11
About this home
Exceptional opportunity to acquire a fully renovated, income-producing 4-plex in Seattle’s highly competitive 98146 rental corridor. Priced aggressively under $1M, this stabilized multifamily asset is expected to generate **strong immediate interest and multiple offers** due to its turnkey condition, income stability, and limited availability of similar assets in this price range. Comprehensively renovated in 2025, the property features four well-designed 2BD/1BA units, each offering strong tenant appeal, in-unit washer/dryer, private outdoor space (decks/patios/yards), and reserved parking. All units are occupied by stable long-term tenants at $1,800/month, producing $86,400 in annual gross income with a NOI of approximately $68,354, reflecting a 6.84% cap rate with clear upside potential. Market rents in the area continue trending toward $1,950+/month, providing immediate and achievable rent-growth upside without additional capital improvements. The property benefits from consistent rental demand driven by proximity to employment centers, transit access, neighborhood amenities. The 98146 corridor continues to experience strong investor demand due to limited inventory of renovated small multifamily assets. This is a **true turnkey, low-maintenance investment** ideal for buy-and-hold investors, house hackers, and 1031 exchange buyers seeking immediate deployment of capital in a stabilized asset with upside. Financials, rent roll, and expense breakdown available upon request....
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Home facts
- Year built:1969
- Listing ID #:2502279
- Updated:June 03, 2026 at 07:58 AM
Rooms and interior
- Living area:3,120 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1969
- Building area:3,120 sq. ft.
- Lot area:0.39 Acres
- Construction Materials:Cement Planked
Utilities
- Sewer:Sewer Connected
Finances and disclosures
- Price:$999,000
- Price per sq. ft.:$320.19
- Tax amount:$3,360 (2025)
Parking
- Total parking spaces:12
- Carport spaces:12
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