3510 W Elmore Street, Seattle, WA 98199
Local realty services provided by:Better Homes and Gardens Real Estate Northwest Home Team
Listed by: dea sumantri, candice chevaillier
Office: lee & associates commercial re
MLS#:2537323
Source:NWMLS
Price summary
- Price:$2,400,000
About this home
We are pleased to present Twin Cedars Apartments, an 8-unit apartment built in 1968 in Seattle’s coveted Magnolia neighborhood, within steps of Discovery Park. The building offers 31BD averaging 732SF and 5 2BD averaging 967SF, with efficient floor plans. With 2BD units comprising 63% of the building, the unit mix is squarely aligned with the unit type that drives the strongest tenant demand and longest retention across Seattle’s rental market. _of the 8 units have been updated with stone countertops and LVP flooring, delivering a modernized interior foundation. Roof replaced and cedar siding resided in 2020 keep the exterior in sound condition, and a newly improved bike storage room adds a practical amenity that current ownership has not yet monetized. Parking income similarly remains uncaptured, giving a new owner immediate, low-effort revenue opportunities from day one. Twin Cedars operates with discipline already in place. RUBS and pet rent keep utility costs off the owner’s bottom line, and a stable, long-tenured tenant base reflects both the building’s quality and the neighborhood’s enduring appeal. With in-place rents close to market, the clearest path to income growth is the addition of in-unit laundry upon turnover. Comparable Magnolia buildings demonstrate rental premiums of 15% or more from this single upgrade, and combined with parking and bike storage activation, the income levers are identified, accessible, and ready for a new owner to execute....
Contact an agent
Home facts
- Year built:1968
- Listing ID #:2537323
- Updated:July 27, 2026 at 12:25 AM
Rooms and interior
- Flooring:Vinyl Plank
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Composition, Flat Roof, Torch Down
- Year built:1968
- Lot area:0.16 Acres
- Lot Features:Alley, Dead-end Street, Paved
- Construction Materials:Wood Exterior Finish
- Exterior Features:Deck
Utilities
- Water:Public
- Sewer:Sewer Connected
Finances and disclosures
- Price:$2,400,000
- Tax amount:$22,734 (2026)
Parking
- Total parking spaces:8
New listings near 3510 W Elmore Street
- New
$695,000Active2 beds 2 baths1,175 sq. ft.3717 Beach Drive Sw #207, Seattle, WA 98116
MLS# 2557568Listed by: RSVP BROKERS ERA - New
$3,450,000Active6 beds 8 baths4,839 sq. ft.2545 36th Avenue W, Seattle, WA 98199
MLS# 2560469Listed by: COLDWELL BANKER BAIN - New
$675,000Active2 beds 2 baths1,103 sq. ft.1420 Terry Avenue #1108, Seattle, WA 98101
MLS# 2560400Listed by: LAKE & COMPANY - New
$1,234,990Active4 beds 3 baths2,360 sq. ft.505 NE 78th Street, Seattle, WA 98115
MLS# 2560359Listed by: EXP REALTY - New
$799,000Active3 beds 2 baths1,672 sq. ft.3113 W Harley Street #3115, Seattle, WA 98199
MLS# 2560347Listed by: COMPASS - New
$1,399,000Active-- beds -- baths2,910 sq. ft.6635 Carleton Avenue S, Seattle, WA 98108
MLS# 2542292Listed by: SKYLINE PROPERTIES, INC. - New
$459,000Active2 beds 3 baths800 sq. ft.4414 S Frontenac Street #A, Seattle, WA 98118
MLS# 2560300Listed by: JOHN L. SCOTT, INC - New
$625,000Active2 beds 2 baths1,600 sq. ft.5454 35th Avenue Sw, Seattle, WA 98126
MLS# 2538602Listed by: EXP REALTY - New
$319,995Active1 beds 1 baths676 sq. ft.5824 NE 75th Street #307, Seattle, WA 98115
MLS# 2560319Listed by: LAKE & COMPANY - New
$989,500Active3 beds 2 baths1,260 sq. ft.8623 30th Avenue Ne, Seattle, WA 98115
MLS# 2560323Listed by: WINDERMERE REAL ESTATE CO.