Investor Alert! Profitable investment opportunity in the heart of The vibrant Morgan Junction neighborhood of West Seattle. Two 2bed/1bath units on main floor and two 1bed/1bath units on lower level. Large deck w/westerly mountain & sound view. Garage for 2 cars plus off-street parking for 2 more cars. Alley/street access. Walk/bike to everything West Seattle has to offer. 85 walk score. Long-term tenants, low vacancies and low turnover. Significant rental upside as rents are low. The cap rate is currently sitting at 5.62%, but could be higher if an investor wants to upscale the units or get creative with shorter-term (AirBNB), higher rent leases. Zoned LR2 for future development options.
Sold
Street View
Listed by: John L Scott Westwood • Jennifer Shaughnessy
Bought with: Best Choice Realty LLC
$955,000
6553 42nd Avenue SW, Seattle, WA 98136
--beds
--baths
3,460sqft
Quadruplex, Multi Family
Built in 1963
-- sqft lot
$1,080,000 Zestimate®
$276/sqft
$3,447 Estimated rent
Home value
$1,080,000
$994,000 - $1.18M
$3,447/mo
Zestimate® history
Owner options
List your home for rent
$3,447/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$3,447/mo
Rent Zestimate®
Refinance and save
$5,855/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$5,855/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Offers reviewed: Apr 25
Listed by:
Jennifer Shaughnessy,
John L Scott Westwood,
Gregory Singleton,
John L Scott Westwood
Bought with:
Wenwei Xu, 21035288
Best Choice Realty LLC
Source: NWMLS as distributed by MLS GRID,MLS#: 2222226
Facts & features
Interior
Heating
- Baseboard, Wall Unit(s), Electric
Cooling
- None
Features
- Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
- Has fireplace: No
Interior area
- Total structure area: 3,460
- Total interior livable area: 3,460 sqft
Property
Parking
- Total spaces: 4
- Parking features: Open
- Covered spaces: 2
- Uncovered spaces: 2
Features
- Patio & porch: Ceramic Tile, Hardwood, Wall to Wall Carpet
- Has view: Yes
- View description: Sound
- Has water view: Yes
- Water view: Sound
Lot
- Size: 6,250 Square Feet
- Dimensions: 50 x 124
- Features: Curbs, Paved, Sidewalk, Value In Land, Deck, Fenced-Partially, Patio
Details
- Parcel number: 2719100025
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 4-Plex
- Property subtype: Quadruplex, Multi Family
Materials
- Brick, Wood Siding
- Roof: Composition
Condition
- Year built: 1963
Utilities & green energy
- Electric: Company: Seattle City Light
- Sewer: Sewer Connected, Company: SPU
- Water: Public, Company: SPU
Community & HOA
Community
- Subdivision: Gatewood
Location
- Region: Seattle
Financial & listing details
- Price per square foot: $276/sqft
- Tax assessed value: $1,087,000
- Annual tax amount: $8,800
- Offers reviewed: 04/25/2024
- Date on market: 5/28/2024
- Cumulative days on market: 785 days
- Listing terms: Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 6/6/2024 | Sold | $955,000+0.5%$276/sqft |
Source:  NWMLS as distributed by MLS GRID #2222226 Report a problem | ||
| 4/26/2024 | Pending sale | $950,000$275/sqft |
Source: NWMLS as distributed by MLS GRID #2222226 Report a problem | ||
| 4/16/2024 | Listed for sale | $950,000$275/sqft |
Source: NWMLS as distributed by MLS GRID #2222226 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,995 +12.2% | $1,087,000 +4.9% |
| 2024 | $10,690 +21.5% | $1,036,000 +21.3% |
| 2023 | $8,800 +5.1% | $854,000 -5.8% |
| 2022 | $8,369 +9.3% | $907,000 +19.3% |
| 2021 | $7,660 +4.1% | $760,000 +9.4% |
| 2020 | $7,358 +0.7% | $695,000 -1% |
| 2019 | $7,305 +12.2% | $702,000 +1.2% |
| 2018 | $6,514 +2% | $694,000 +12.7% |
| 2017 | $6,384 +43.1% | $616,000 +14.3% |
| 2016 | $4,462 | $539,000 +5.7% |
| 2015 | $4,462 | $510,000 +15.4% |
| 2014 | $4,462 | $442,000 +11.6% |
| 2013 | $4,462 | $396,000 +8.8% |
| 2012 | -- | $364,000 +8.3% |
| 2011 | -- | $336,000 -4.5% |
| 2010 | -- | $352,000 |
| 2009 | -- | $352,000 +2.6% |
| 2007 | -- | $343,000 +2.4% |
| 2006 | -- | $335,000 |
| 2005 | -- | $335,000 +28.8% |
| 2001 | $3,082 +5.3% | $260,000 +11.1% |
| 2000 | $2,926 | $234,000 |
Find assessor info on the county website
Neighborhood: Gatewood
Nearby homes
- $249,9001 bd1 ba426 sqft6547 42nd Ave SW APT 303, Seattle, WA 98136For Sale
- $249,9501 bd1 ba434 sqft6547 42nd Ave SW APT 205, Seattle, WA 98136For Sale
- $299,0001 bd1 ba426 sqft6547 42nd Ave SW APT 203, Seattle, WA 98136Sold
- $256,0001 bd1 ba425 sqft6547 42nd Ave SW APT 202, Seattle, WA 98136Sold
- $695,0003 bd2 ba1.4k sqft6531 42nd Ave SW UNIT C, Seattle, WA 98136Sold
- $800,0003 bd3 ba1.7k sqft6536 42nd Ave SW #B, Seattle, WA 98136Sold
- $900,7003 bd4 ba2k sqft6530 42nd Ave SW #A, Seattle, WA 98136Off Market
- $785,0003 bd4 ba1.7k sqft6532 42nd Ave SW #B, Seattle, WA 98136Sold
Nearby schools
GreatSchools rating
- 7/10Gatewood Elementary SchoolGrades: K-5Distance: 0.3 mi
- 9/10Madison Middle SchoolGrades: 6-8Distance: 2.1 mi
- 7/10West Seattle High SchoolGrades: 9-12Distance: 2.3 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,080,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,080,000
- Washington
- King County
- Seattle
- 98136
- Gatewood
- 6553 42nd Avenue SW
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Seattle Topics
