2600 Thorndyke Avenue W, Seattle, WA 98199

Seattle
Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
Listed by: michael urquhart, brian d. platt
Office: paragon real estate advisors
MLS#:2536854
Source:NWMLS
2600 Thorndyke Avenue W,Seattle, WA 98199
$8,325,000
  • - Beds
  • - Baths
  • 25,724 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$8,325,000
  • Price per sq. ft.:$323.63

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 #:2536854
  • Updated:June 08, 2026 at 11:03 PM

Rooms and interior

  • Flooring:Carpet, Vinyl Floor
  • 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
  • Construction Materials:Cement/Concrete Exterior Finish, Wood Products Exterior Finish

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$8,325,000
  • Price per sq. ft.:$323.63
  • Tax amount:$87,742 (2025)

Parking

  • Total parking spaces:3
  • Garage:Yes
  • Garage spaces:1
  • Carport spaces:2
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