1425 Palm Avenue Sw, Seattle, WA 98116

Local realty services provided by:Better Homes and Gardens Real Estate Northwest Home Team
Listed by: will douglas, ryan iles
Office: paragon real estate advisors
MLS#:2470400
Source:NWMLS
1425 Palm Avenue Sw,Seattle, WA 98116
$1,700,000
  • - Beds
  • - Baths
  • 4,243 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$1,700,000
  • Price per sq. ft.:$400.66

About this home

The offering consists of a five-unit multifamily property comprised entirely of one-bedroom/one-bathroom units, with updates completed over the years and Elliott Bay views from the upper units. The property offers potential to add an additional unit with a private entrance, creating further income upside (Buyer to Verify). Adjacent to the building is a 2,100 square foot flat lot that is well suited for townhouse-style development, with upper-floor views enhancing the site’s long-term redevelopment or expansion potential. Currently, two of the five units have been renovated, while the remaining units present a clear value-add opportunity through cosmetic upgrades, allowing new ownership to push rents toward market levels. The property is well maintained and features original hardwood floors, abundant storage, recently resealed back decks, updated electrical systems with full rewiring, copper plumbing, five individual gas furnaces, and on-site coin-operated laundry, providing a

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1913
  • Listing ID #:2470400
  • Updated:January 22, 2026 at 01:21 AM

Rooms and interior

  • Living area:4,243 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1913
  • Building area:4,243 sq. ft.
  • Lot area:0.15 Acres

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,700,000
  • Price per sq. ft.:$400.66
  • Tax amount:$14,469 (2025)
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of January 22, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

New listings near 1425 Palm Avenue Sw