2600 Thorndyke Avenue W, Seattle, WA 98199

Local realty services provided by:Better Homes and Gardens Real Estate Pacific Commons
Listed by:michael urquhart
Office:paragon real estate advisors
MLS#:2446245
Source:NWMLS
2600 Thorndyke Avenue W,Seattle, WA 98199
$9,250,000
  • - Beds
  • - Baths
  • 25,724 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$9,250,000
  • Price per sq. ft.:$359.59

About this home

Opportunities are Abundant! The Magnolia Portfolio offers a new investor the ability to acquire a 5 building assemblage suitable for a value add opportunity located in a core Seattle area. The current arrangement offers 41 residential units plus 2 commercial spaces and a single family house. All together the assemblage represents 48,462 square feet of LR3 (M) zoned dirt. The property is suitable for immediate development as multiple asset types depending on need allowing a new owner to operate the assets "as is" while navigating the permit process to maintain cash flow.

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Home facts

  • Year built:1947
  • Listing ID #:2446245
  • Updated:October 20, 2025 at 07:52 PM

Rooms and interior

  • Living area:25,724 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Flat Roof
  • Year built:1947
  • Building area:25,724 sq. ft.
  • Lot area:1.11 Acres

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$9,250,000
  • Price per sq. ft.:$359.59
  • Tax amount:$87,742 (2025)
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