Sold

Listed by: Keller Williams Rty Tacoma • Greg Stock

Bought with: Specialty Real Estate Group

$1,050,000

7070 E Marginal Way S, Seattle, WA 98108

--beds

--baths

7,890sqft

Multi Family

Built in 1919

-- sqft lot

$1,025,200 Zestimate^®

$133/sqft

$2,586 Estimated rent

Home value

$1,025,200

$943,000 - $1.12M

$2,586/mo

Zestimate^® history

Owner options

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$2,586/mo

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$2,586/mo

Rent Zestimate^®

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$6,456/mo

Est. payment

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$6,456/mo

Est. payment

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What's special

Parking available on site

Convert this motel into a 16 unit apartment complex! Estimated renovation cost at $1,300,000 for an estimated $3,000,000 finished value. Tons of sweat equity to be had as an investment. All numbers provided on rents/financials are an estimate proforma based on a newly renovated complex. There is currently no income on the building. Unit sizes would range from 346 sq ft to 433 sq feet. 4 units in the basement, 6 units on main floor, and 6 units upstairs. Tons of parking available on site. Tax Assessed Value at $1,945,500! Est. value of $3.1M after renovations into a multi-family dwelling are complete.

Facts & features

Interior

Heating

Wall Unit(s), Electric

Cooling

None

Features

Flooring: See Remarks
Has fireplace: No

Interior area

Total structure area: 7,890
Total interior livable area: 7,890 sqft

Property

Parking

Total spaces: 22
Parking features: Open
Uncovered spaces: 22

Lot

Size: 10,441 Square Feet
Features: Corner Lot, Paved, Sidewalk, Fenced-Partially

Details

Parcel number: 3468800455
Zoning description: Commercial,Jurisdiction: City
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: 10+ Units
Property subtype: Multi Family

Materials

Wood Siding
Foundation: Poured Concrete
Roof: Torch Down

Condition

Fixer
Year built: 1919
Major remodel year: 1985

Utilities & green energy

Electric: Company: PSE
Sewer: Sewer Connected, Company: City of Seattle
Water: Public, Company: City of Seattle

Community & HOA

Community

Subdivision: Georgetown

Location

Region: Seattle

Financial & listing details

Price per square foot: $133/sqft
Annual tax amount: $35,022
Date on market: 9/3/2025
Cumulative days on market: 322 days

Price history

Date	Event	Price
8/26/2025	Sold	$1,050,000-12.5%$133/sqft
Source: NWMLS as distributed by MLS GRID #2362738 Report a problem
5/27/2025	Pending sale	$1,200,000$152/sqft
Source: NWMLS as distributed by MLS GRID #2362738 Report a problem
5/6/2025	Listed for sale	$1,200,000$152/sqft
Source: NWMLS as distributed by MLS GRID #2362738 Report a problem
4/25/2025	Pending sale	$1,200,000$152/sqft
Source: NWMLS as distributed by MLS GRID #2362738 Report a problem
4/23/2025	Listed for sale	$1,200,000$152/sqft
Source: NWMLS as distributed by MLS GRID #2362738 Report a problem