The Magnolia Assemblage offers a new investor the ability to acquire a 3 building portfolio suitable for a value-add opportunity located in a core Seattle area. The current arrangement offers 31 multi-family units plus a single family house. All together the assemblage represents 34,262 square feet of LR3 (M) zoned dirt suitable for a development of +/- 30 townhouses.
65 days
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72
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4
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Zillow last checked:
Listing updated:
Listed by:
Michael Urquhart,
Paragon Real Estate Advisors,
Brian D. Platt,
Paragon Real Estate Advisors
Source: NWMLS as distributed by MLS GRID,MLS#: 2536846
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 35
Bathrooms: 31
Heating
See Remarks, Electric
Cooling
None
Features
Has fireplace: No
Interior area
Total structure area: 17,406
Total interior livable area: 17,406 sqft
Property
Parking
Total spaces: 14
Uncovered spaces: 14
Lot
Size: 0.79 Acres
Details
Parcel number: 2771104250
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Architectural style: 10+ Units
Property subtype: Multi Family
Materials
See Remarks
Roof: Composition,Flat
Condition
Year built: 1954
Utilities & green energy
Sewer: Sewer Connected
Community & HOA
Community
Subdivision: Magnolia
Location
Region: Seattle
Financial & listing details
Price per square foot: $358/sqft
Annual tax amount: $63,999
Date on market: 3/5/2026
Cumulative days on market: 161 days
Listing terms: Conventional
Estimated market value
Zestimate®
$5,580,200
Estimated sales range
$5.25M - $5.86M
Rent Zestimate®
$2,509/mo
Price history
Date
Event
Price
6/8/2026
Listed for sale
$6,225,000$358/sqft
Source: NWMLS as distributed by MLS GRID #2536846Report a problem
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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.
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