Exceptional value-add investment opportunity in Seattle's evolving Rainier Beach neighborhood, just moments from Lake Washington. This 7-unit multifamily property features an ideal unit mix of four 2-bedroom/1-bath units and three 1-bedroom/1-bath units, providing strong in-place income with additional revenue from on-site coin-operated laundry. Current ownership has maintained consistent occupancy while offering the next owner the opportunity to enhance value through cosmetic unit updates as vacancies occur. Investors will appreciate the potential to improve rental income over time while benefiting from immediate cash flow. Situated on an NC155(M)-zoned lot with six tandem parking spaces accommodating up to 12 vehicles, the property also offers long-term redevelopment potential (buyer to verify). Conveniently located near Lake Washington, transit, neighborhood restaurants, shopping, and ongoing community investment, this is a rare opportunity to acquire a well-performing asset with multiple avenues for future growth. Some interior photos have been virtually staged for illustrative purposes only. Virtual staging is limited to furnishings and décor.
Active
Listed by: Epique Realty • Quirina Maravilla
$1,699,950
9265 57th Avenue S, Seattle, WA 98118
11beds
8baths
4,590sqft
Multi Family
Built in 1923
-- sqft lot
$1,579,000 Zestimate®
$370/sqft
$-- HOA
What's special
On-site coin-operated laundry
- 62 days
- 187
- 9
Zillow last checked:
Listing updated:
Listed by:
Quirina Maravilla,
Epique Realty
Source: NWMLS as distributed by MLS GRID,MLS#: 2548973
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 8
Heating
- Baseboard, Wall Furnace, Electric
Cooling
- None
Features
- Flooring: Laminate, Vinyl, Carpet
- Windows: Thermal Windows
- Has fireplace: No
Interior area
- Total structure area: 4,590
- Total interior livable area: 4,590 sqft
Property
Parking
- Total spaces: 12
- Uncovered spaces: 12
Features
- Has view: Yes
- View description: Lake, Partial, Territorial
- Has water view: Yes
- Water view: Lake
Lot
- Size: 4,726 Square Feet
- Features: Paved, Sidewalk
Details
- Parcel number: 7129304700
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 5-9 Units
- Property subtype: Multi Family
Materials
- Brick, Wood Siding, Wood Products
- Foundation: Poured Concrete
- Roof: Flat,Torch Down
Condition
- Fair
- Year built: 1923
- Major remodel year: 1984
Utilities & green energy
- Electric: Company: Seattle City Light
- Sewer: Sewer Connected, Company: Seattle Public Utilities
- Water: Company: Public
- Utilities for property: Xfinity, Xfinity
Green energy
- Energy efficient items: Thermal Windows
Community & HOA
Community
- Subdivision: Rainier Beach
Location
- Region: Seattle
Financial & listing details
- Price per square foot: $370/sqft
- Annual tax amount: $11,604
- Date on market: 7/1/2026
- Cumulative days on market: 64 days
- Listing terms: Conventional
Estimated market value
$1,579,000
$1.50M - $1.66M
$2,444/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2026 | Listed for sale | $1,699,950$370/sqft |
Source: eXp Realty #2548973 Report a problem | ||
| 3/6/2026 | Listing removed | $1,699,950$370/sqft |
Source:  Berkshire Hathaway HomeServices NW #NWM2415531 Report a problem | ||
| 2/2/2026 | Price change | $1,699,950-5.6%$370/sqft |
Source: Berkshire Hathaway HomeServices NW #NWM2415531 Report a problem | ||
| 9/30/2025 | Listed for sale | $1,799,950$392/sqft |
Source: Berkshire Hathaway HomeServices NW #NWM2415531 Report a problem | ||
| 8/27/2025 | Listing removed | $1,799,950$392/sqft |
Source: Berkshire Hathaway HomeServices NW #NWM2415531 Report a problem | ||
| 8/5/2025 | Listed for sale | $1,799,950+291.3%$392/sqft |
Source: Berkshire Hathaway HomeServices NW #NWM2415531 Report a problem | ||
| 7/29/2010 | Sold | $460,000$100/sqft |
Source:  NWMLS as distributed by MLS GRID #29150604 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Rainier Beach
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