Exceptional owner / investor opportunity on a quiet, residential corner in the Central District. This 3,300 SF lot has a well-maintained & charming triplex with a non-conforming 4th unit, plus a 1 bd/1bth detached additional dwelling unit (DADU) built in 2017. Although there are 5 income generating units, this property qualifies for residential financing, opening the door to more attractive lending options. The fourplex has one 2 bd/1 bth and three 1 bd/1 bth units, each with updated systems, kitchens, and baths. Each floor plan is unique with lots of light, in-unit washer / dryer, dedicated outdoor space, and some featuring views of the Seattle skyline. The 1bd/1 bth DADU features an open floor plan with a modern design and a loft area for additional living space. Long-term development potential with the corner lot and LR2 zoning. Excellent opportunity for an investor seeking stable cash flow in a high-demand location or an owner-occupant looking to offset their mortgage payment with rental income.
Active
Listed by: Windermere Real Estate Midtown • Lauren Hendricks
Price cut: $105K (5/29)
$1,495,000
172 16th Avenue, Seattle, WA 98122
6beds
5baths
2,940sqft
Quadruplex
Built in 1900
-- sqft lot
$-- Zestimate®
$509/sqft
$-- HOA
What's special
Open floor planModern designQuiet residential cornerLots of lightDedicated outdoor spaceWell-maintained and charming triplex
- 64 days |
- 174 |
- 14 |
Zillow last checked:
Listing updated:
Listed by:
Lauren Hendricks,
Windermere Real Estate Midtown
Source: NWMLS as distributed by MLS GRID,MLS#: 2514777
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
Heating
- Forced Air, Wall Furnace, Electric, Natural Gas
Cooling
- None
Features
- Flooring: Ceramic Tile, Softwood, Vinyl Plank, Carpet
- Windows: Thermal Windows
- Has fireplace: No
Interior area
- Total structure area: 2,940
- Total interior livable area: 2,940 sqft
Property
Features
- Has view: Yes
- View description: City, Territorial
Lot
- Size: 3,301 Square Feet
- Dimensions: 33 x 100
- Features: Corner Lot, Curbs, Paved, Sidewalk, Cable TV, Deck, Fenced-Partially, Gas Available, High Speed Internet, Patio
Details
- Parcel number: 3037200075
- Zoning description: Multi-Family,Residential,Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 4-Plex
- Property subtype: Quadruplex
Materials
- Cement Planked, Wood Siding, Cement Plank
- Foundation: Poured Concrete
- Roof: Composition,Torch Down
Condition
- Good
- Year built: 1900
- Major remodel year: 2017
Utilities & green energy
- Electric: Company: SCL
- Sewer: Sewer Connected, Company: SPU
- Water: Public, Company: SPU
Green energy
- Energy efficient items: Thermal Windows
Community & HOA
Community
- Subdivision: Central Area
Location
- Region: Seattle
Financial & listing details
- Price per square foot: $509/sqft
- Tax assessed value: $1,049,000
- Annual tax amount: $11,050
- Date on market: 4/29/2026
- Cumulative days on market: 65 days
- Listing terms: Conventional,VA Loan
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Price change | $1,495,000-6.6%$509/sqft |
Source:  NWMLS as distributed by MLS GRID #2514777 Report a problem | ||
| 4/29/2026 | Listed for sale | $1,600,000+620.7%$544/sqft |
Source: NWMLS as distributed by MLS GRID #2514777 Report a problem | ||
| 9/12/2024 | Listing removed | $2,000$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/8/2024 | Listed for rent | $2,000$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/25/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/28/2023 | Price change | $2,000-4.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/7/2023 | Price change | $2,100-16%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/20/2023 | Price change | $2,500-2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/16/2023 | Listed for rent | $2,550$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/4/2003 | Sold | $222,000$76/sqft |
Source: NWMLS as distributed by MLS GRID #23022462 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,050 +11.4% | $1,049,000 +3.8% |
| 2024 | $9,919 +6.6% | $1,011,000 +4.8% |
| 2023 | $9,309 +5.7% | $965,000 -5.2% |
| 2022 | $8,805 -0.5% | $1,018,000 +7.8% |
| 2021 | $8,845 +4.4% | $944,000 +9.9% |
| 2020 | $8,475 -8.7% | $859,000 -10.3% |
| 2019 | $9,286 +9.9% | $958,000 -1.2% |
| 2018 | $8,447 +4% | $970,000 +19.9% |
| 2017 | $8,120 +53.9% | $809,000 +22.4% |
| 2016 | $5,277 | $661,000 +7.8% |
| 2015 | $5,277 | $613,000 +12.5% |
| 2014 | $5,277 | $545,000 +17.7% |
| 2013 | $5,277 | $463,000 +13.5% |
| 2012 | -- | $408,000 |
| 2011 | -- | $408,000 -4.7% |
| 2010 | -- | $428,000 |
| 2009 | -- | $428,000 -4% |
| 2007 | -- | $446,000 +8% |
| 2006 | -- | $413,000 +9.3% |
| 2005 | -- | $378,000 +77.5% |
| 2001 | $2,506 +11.8% | $213,000 +18.3% |
| 2000 | $2,242 | $180,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Minor
Nearby schools
GreatSchools rating
- 3/10Gatzert Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 7/10Washington Middle SchoolGrades: 6-8Distance: 0.5 mi
- 8/10Garfield High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Bailey Gatzert
- Middle: Wash Mid
- High: Garfield High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Washington
- King County
- Seattle
- 98122
- Minor
- 172 16th Avenue
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