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Listed by: Keller Williams Eastside • Genine Wood

$900,000

3033 31st Avenue W, Seattle, WA 98199

3beds

2baths

1,800sqft

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Duplex

Built in 1946

-- sqft lot

$884,000 Zestimate^®

$500/sqft

$-- HOA

What's special

Investor Alert! Turnkey opportunity with immediate cash flow and future development potential. This fully occupied Duplex, upstairs 2/1 and downstairs 1/1 property generates stable rental income, with both units leased. Situated on NR3-zoned land, the property offers investors the opportunity to collect income while evaluating redevelopment possibilities and maximizing the site's future value. The property underwent updates exterior paint (2025), deck repair (2021) , new sewer line (2022), unit B was remodeled in 2021. Upstairs tenant has been there long term, downstairs has been rented as a furnished apartment to traveling nurses via the Furnished Finders system.

16 hours

224

20

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2

Heating

Baseboard, Forced Air, Electric, Natural Gas, Wood

Cooling

None

Features

Flooring: Hardwood, Vinyl Plank
Has fireplace: No

Interior area

Total structure area: 1,800
Total interior livable area: 1,800 sqft

Property

Features

Has view: Yes
View description: Territorial

Lot

Size: 6,655 Square Feet
Features: Curbs, Paved, Sidewalk, Cable TV, Deck, Fenced-Partially, Gas Available, Outbuildings, Patio

Details

Parcel number: 1425039024
Zoning description: Multi-Family
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Duplex
Property subtype: Duplex

Materials

Wood Siding
Foundation: Poured Concrete
Roof: Composition

Condition

Year built: 1946

Utilities & green energy

Electric: Company: City of Seattle
Sewer: Sewer Connected, Company: City of Seattle
Water: Public, Company: City of Seattle
Utilities for property: Century Link

Community & HOA

Community

Subdivision: Magnolia

Location

Region: Seattle

Financial & listing details

Price per square foot: $500/sqft
Tax assessed value: $909,000
Annual tax amount: $7,919
Date on market: 7/7/2026
Cumulative days on market: 1 day
Listing terms: Conventional

Estimated market value

$884,000

$840,000 - $928,000

$4,404/mo

Price history

Date	Event	Price
7/8/2026	Listed for sale	$900,000$500/sqft
Source: NWMLS as distributed by MLS GRID #2551103 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$10,004 +9.3%	$909,000 +1.9%
2024	$9,150 +15.5%	$892,000 +12.3%
2023	$7,919 +2.8%	$794,000 -8.1%
2022	$7,703 +9.4%	$864,000 +19.3%
2021	$7,043 +4.7%	$724,000 +10.4%
2020	$6,725 -3%	$656,000 -4.8%
2019	$6,934 +14.8%	$689,000 +3.6%
2018	$6,041 -0.4%	$665,000 +14.1%
2017	$6,068 +45.4%	$583,000 +9.8%
2016	$4,175	$531,000 +10.9%
2015	$4,175	$479,000 +16.5%
2014	$4,175	$411,000 +4.1%
2013	$4,175	$395,000 +13.5%
2012	--	$348,000 -1.7%
2011	--	$354,000 -5.6%
2010	--	$375,000
2009	--	$375,000 -1.1%
2007	--	$379,000 +6.8%
2006	--	$355,000 +8.2%
2005	--	$328,000 +40.2%
2001	$2,784 +20.8%	$234,000 +27.9%
2000	$2,305	$183,000

Find assessor info on the county website

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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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