Rare investment opportunity in South Seattle! Short sale. Nearly completed 6-unit construction project with strong upside and rental income potential. Major construction is complete, with remaining work including paving, landscaping, parking improvements, and interior finishing touches. Estimated completion costs around $300K. Projected market value upon completion is approximately $3M. Excellent opportunity for builders, investors, or developers looking to finish a high-potential project. Conveniently located 3 minutes to I-90 and a 14-minute walk to Beacon Hill Station with easy access to Seattle, Eastside tech hubs, and Sea-Tac Airport. 84 Walk Score and 75 Transit Score.
Active
Listed by: John L. Scott Mill Creek • Natalia Duta
$2,500,000
2317 22nd Avenue S, Seattle, WA 98144
12beds
12baths
--sqft
Multi Family
Built in 2025
-- sqft lot
$2,453,300 Zestimate®
$--/sqft
$-- HOA
What's special
- 88 days |
- 145 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Natalia Duta,
John L. Scott Mill Creek
Source: NWMLS as distributed by MLS GRID,MLS#: 2528598
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 12
Heating
- Ductless, Electric
Cooling
- Ductless
Features
- Flooring: Vinyl Plank, Carpet
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Total spaces: 6
- Uncovered spaces: 6
Features
- Has view: Yes
- View description: Territorial
Lot
- Size: 5,998 Square Feet
- Features: Paved
Details
- Parcel number: 5393601170
- Zoning description: Multi-Family,Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 5-9 Units
- Property subtype: Multi Family
Materials
- See Remarks
- Foundation: Slab
- Roof: See Remarks
Condition
- Under Construction
- New construction: Yes
- Year built: 2025
Utilities & green energy
- Electric: Company: Seattle City Light
- Sewer: Sewer Connected
- Water: Public, Company: Seattle Public Utilities
- Utilities for property: Xfinity
Community & HOA
Community
- Subdivision: Beacon Hill
Location
- Region: Seattle
Financial & listing details
- Tax assessed value: $1,480,000
- Annual tax amount: $15,462
- Date on market: 5/22/2026
- Cumulative days on market: 89 days
- Listing terms: Conventional,FHA
Estimated market value
$2,453,300
$2.33M - $2.58M
$3,011/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/23/2026 | Listed for sale | $2,500,000+185.7% |
Source:  NWMLS as distributed by MLS GRID #2528598 Report a problem | ||
| 3/18/2024 | Sold | $875,000+30.6% |
Source: NWMLS as distributed by MLS GRID #2212783 Report a problem | ||
| 10/25/2022 | Sold | $670,000-7.6% |
Source: NWMLS as distributed by MLS GRID #1956779 Report a problem | ||
| 10/13/2022 | Pending sale | $725,000 |
Source: NWMLS as distributed by MLS GRID #1956779 Report a problem | ||
| 9/28/2022 | Price change | $725,000-9.4% |
Source: NWMLS as distributed by MLS GRID #1956779 Report a problem | ||
| 8/10/2022 | Price change | $800,000-5.9% |
Source: NWMLS as distributed by MLS GRID #1956779 Report a problem | ||
| 6/22/2022 | Listed for sale | $850,000+6.3% |
Source: NWMLS as distributed by MLS GRID #1956779 Report a problem | ||
| 12/1/2021 | Sold | $800,000+6.7% |
Source: Public Record Report a problem | ||
| 10/18/2021 | Pending sale | $749,950 |
Source: NWMLS as distributed by MLS GRID #1842012 Report a problem | ||
| 10/9/2021 | Listed for sale | $749,950+16.4% |
Source: NWMLS as distributed by MLS GRID #1842012 Report a problem | ||
| 5/9/2017 | Sold | $644,500-2.3% |
Source: NWMLS as distributed by MLS GRID #1091635 Report a problem | ||
| 3/20/2017 | Pending sale | $660,000 |
Source: John L Scott Real Estate #1091635 Report a problem | ||
| 3/18/2017 | Listed for sale | $660,000+226.7% |
Source: John L Scott Real Estate #1091635 Report a problem | ||
| 8/31/1998 | Sold | $202,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $15,462 +156.6% | $1,480,000 +158.3% |
| 2024 | $6,027 -15.2% | $573,000 -18.6% |
| 2023 | $7,105 +4.4% | $704,000 -6.5% |
| 2022 | $6,802 +3.6% | $753,000 +12.4% |
| 2021 | $6,566 +4% | $670,000 +9.5% |
| 2020 | $6,316 +2.2% | $612,000 +0.8% |
| 2019 | $6,178 +10.1% | $607,000 -1% |
| 2018 | $5,610 +10.8% | $613,000 +28.2% |
| 2017 | $5,064 +50.8% | $478,000 +13.3% |
| 2016 | $3,359 | $422,000 +15% |
| 2015 | $3,359 | $367,000 +13.6% |
| 2014 | $3,359 | $323,000 +6.3% |
| 2013 | $3,359 | $304,000 +13.9% |
| 2012 | -- | $267,000 -11.9% |
| 2011 | -- | $303,000 -6.8% |
| 2010 | -- | $325,000 |
| 2009 | -- | $325,000 -5.2% |
| 2007 | -- | $343,000 +6.2% |
| 2006 | -- | $323,000 +5.6% |
| 2005 | -- | $306,000 +50.7% |
| 2001 | $2,429 +2.1% | $203,000 +7.4% |
| 2000 | $2,378 | $189,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: North Beacon Hill
Nearby schools
GreatSchools rating
- 7/10Beacon Hill International SchoolGrades: K-5Distance: 0.5 mi
- 8/10Mercer Middle SchoolGrades: 6-8Distance: 1.3 mi
- 4/10Franklin High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Leschi
- 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.
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