Here it is! Your golden opportunity to own an income producing duplex zoned LR1(M)!!! Both units are 2 BR units producing income while you apply for your building permits for this amazing light filled bright corner development lot. Expenses are proforma at 30% of GSI. Upper unit is vacant and ready to be rented!
Sold
Listed by: WPI Real Estate Services, Inc.
Bought with: Horizon Real Estate
$780,000
8500 23rd Avenue NE, Seattle, WA 98115
--beds
--baths
1,700sqft
Multi Family
Built in 1908
-- sqft lot
$851,200 Zestimate®
$459/sqft
$3,123 Estimated rent
Home value
$851,200
$792,000 - $919,000
$3,123/mo
Zestimate® history
Owner options
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$4,728/mo
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Zillow last checked:
Listing updated:
Listed by:
Tom Bates,
WPI Real Estate Services, Inc.
Bought with:
Yang Song, 24034179
Horizon Real Estate
Source: NWMLS as distributed by MLS GRID,MLS#: 2208515
Facts & features
Interior
Heating
- Baseboard, Electric
Cooling
- None
Features
- Flooring: Laminate
- Has fireplace: No
Interior area
- Total structure area: 1,700
- Total interior livable area: 1,700 sqft
Property
Parking
- Total spaces: 4
- Parking features: Open
- Uncovered spaces: 4
Features
- Patio & porch: Laminate
- Has view: Yes
- View description: Territorial
Lot
- Size: 4,024 sqft
- Dimensions: 105 x 39
- Features: Corner Lot, Value In Land, Fenced-Partially
Details
- Parcel number: 5101400535
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding, Wood Products
- Roof: Composition
Condition
- Year built: 1908
Utilities & green energy
- Sewer: Sewer Connected
- Water: Public
Community & neighborhood
Location
- Region: Seattle
- Subdivision: Lake City
Other
Other facts
- Listing terms: Conventional
- Cumulative days on market: 685 days
Price history
| Date | Event | Price |
|---|---|---|
| 5/10/2024 | Sold | $780,000-2.5%$459/sqft |
Source:  NWMLS as distributed by MLS GRID #2208515 Report a problem | ||
| 3/12/2024 | Pending sale | $799,950$471/sqft |
Source: NWMLS as distributed by MLS GRID #2208515 Report a problem | ||
| 3/9/2024 | Listed for sale | $799,950+167.1%$471/sqft |
Source: NWMLS as distributed by MLS GRID #2208515 Report a problem | ||
| 3/29/2012 | Listing removed | $299,500$176/sqft |
Source: Wpi Real Estate Services Inc Report a problem | ||
| 3/15/2012 | Listed for sale | $299,500$176/sqft |
Source: Wpi Real Estate Services Inc Report a problem | ||
| 8/11/2011 | Listing removed | $299,500$176/sqft |
Source: Cantu Group Real Estate #220151 Report a problem | ||
| 6/1/2011 | Listed for sale | $299,500$176/sqft |
Source: Cantu Group Real Estate #220151 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,806 +11.4% | $725,000 +3.9% |
| 2024 | $7,009 +8.9% | $698,000 +7.2% |
| 2023 | $6,437 +0.7% | $651,000 -10.1% |
| 2022 | $6,390 +7.6% | $724,000 +17.2% |
| 2021 | $5,940 +12.8% | $618,000 +19.8% |
| 2020 | $5,267 +12.8% | $516,000 +12.4% |
| 2019 | $4,668 +17.6% | $459,000 +6.5% |
| 2018 | $3,969 -3.6% | $431,000 +9.9% |
| 2017 | $4,117 +48.4% | $392,000 +18.8% |
| 2016 | $2,775 | $330,000 +10% |
| 2015 | $2,775 | $300,000 +11.1% |
| 2014 | $2,775 | $270,000 -14.8% |
| 2013 | $2,775 | $317,000 +8.6% |
| 2012 | -- | $292,000 -9.6% |
| 2011 | -- | $323,000 -3% |
| 2010 | -- | $333,000 |
| 2009 | -- | $333,000 +15.6% |
| 2007 | -- | $288,000 +6.3% |
| 2006 | -- | $271,000 +2.7% |
| 2005 | -- | $264,000 +32% |
| 2001 | $2,395 +7.9% | $200,000 +13.6% |
| 2000 | $2,220 | $176,000 |
Find assessor info on the county website
Neighborhood: Wedgwood
Nearby schools
GreatSchools rating
- 9/10Wedgwood Elementary SchoolGrades: K-5Distance: 0.3 mi
- 9/10Eckstein Middle SchoolGrades: 6-8Distance: 0.7 mi
- 7/10Nathan Hale High SchoolGrades: 9-12Distance: 1.3 mi
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Estimated market value
$851,200
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
$851,200
- Washington
- King County
- Seattle
- 98115
- Wedgwood
- 8500 23rd Avenue NE
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