7070 E Marginal Way S, Seattle, WA 98108

Local realty services provided by:Better Homes and Gardens Real Estate McKenzie Realty
#1#2#3
Listed by:greg stock
Office:keller williams rty tacoma
MLS#:2362738
Source:NWMLS
7070 E Marginal Way S,Seattle, WA 98108
$1,200,000
  • - Beds
  • - Baths
  • 7,890 sq. ft.
  • Multi-family
  • Pending

Price summary

  • Price:$1,200,000
  • Price per sq. ft.:$152.09

About this home

Convert this motel into a 16 unit apartment complex! Estimated renovation cost at $1,300,000 for an estimated $3,000,000 finished value. Tons of sweat equity to be had as an investment. All numbers provided on rents/financials are an estimate proforma based on a newly renovated complex. There is currently no income on the building. Unit sizes would range from 346 sq ft to 433 sq feet. 4 units in the basement, 6 units on main floor, and 6 units upstairs. Tons of parking available on site. Tax Assessed Value at $1,945,500! Est. value of $3.1M after renovations into a multi-family dwelling are complete.

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Home facts

  • Year built:1919
  • Listing Id #:2362738
  • Updated:August 07, 2025 at 07:52 AM

Rooms and interior

  • Living area:7,890 sq. ft.

Heating and cooling

  • Heating:Heating

Structure and exterior

  • Roof:Torch Down
  • Year built:1919
  • Building area:7,890 sq. ft.
  • Lot area:0.24 Acres

Schools

  • High school:Buyer To Verify
  • Middle school:Buyer To Verify
  • Elementary school:Buyer To Verify

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,200,000
  • Price per sq. ft.:$152.09
  • Tax amount:$35,022 (2024)
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