Prime Investment Opportunity. Family owned for over 40 years. This property has extremely low rents and LR3 zoning, with development potential for building apartments or townhomes, or renovating to easily double the rental income. Available for purchase as a single 4-plex or buy both units together (MLS 2239253). Showings are available with a signed purchase and sale agreement. Don’t miss this rare investment opportunity!
Sold
Listed by: Windermere RE Greenwood • Brent D. Lumley
Bought with: Kelly Right RE of Seattle LLC
$900,000
9400 Stone Avenue N, Seattle, WA 98103
--beds
--baths
3,072sqft
Quadruplex, Multi Family
Built in 1963
-- sqft lot
$971,200 Zestimate®
$293/sqft
$2,951 Estimated rent
Home value
$971,200
$874,000 - $1.08M
$2,951/mo
Zestimate® history
Owner options
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$5,460/mo
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$5,460/mo
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Zillow last checked:
Listing updated:
Listed by:
Brent D. Lumley,
Windermere RE Greenwood
Bought with:
Lu Yao, 126889
Kelly Right RE of Seattle LLC
Source: NWMLS as distributed by MLS GRID,MLS#: 2239257
Facts & features
Interior
Heating
- Baseboard, Electric
Cooling
- None
Features
- Flooring: Vinyl, Carpet
- Has fireplace: No
Interior area
- Total structure area: 3,072
- Total interior livable area: 3,072 sqft
Property
Parking
- Total spaces: 4
- Parking features: Open
- Uncovered spaces: 4
Features
- Patio & porch: Wall to Wall Carpet
Lot
- Size: 5,610 Square Feet
- Features: Curbs, Paved, Sidewalk
Details
- Parcel number: 3126049355
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 4-Plex
- Property subtype: Quadruplex, Multi Family
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Flat
Condition
- Average
- Year built: 1963
- Major remodel year: 1963
Utilities & green energy
- Electric: Company: Seattle City Lights
- Sewer: Sewer Connected, Company: Seattle Public Utilities
- Water: Public, Company: Seattle Public Utilities
Community & HOA
Community
- Subdivision: Licton Springs
Location
- Region: Seattle
Financial & listing details
- Price per square foot: $293/sqft
- Tax assessed value: $1,043,000
- Annual tax amount: $10,907
- Date on market: 7/6/2024
- Cumulative days on market: 746 days
- Listing terms: Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 9/6/2024 | Sold | $900,000-18.2%$293/sqft |
Source:  NWMLS as distributed by MLS GRID #2239257 Report a problem | ||
| 7/25/2024 | Pending sale | $1,100,000$358/sqft |
Source: NWMLS as distributed by MLS GRID #2239257 Report a problem | ||
| 5/17/2024 | Listed for sale | $1,100,000$358/sqft |
Source: NWMLS as distributed by MLS GRID #2239257 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,436 +9.4% | $1,043,000 +2% |
| 2024 | $10,453 -3.1% | $1,023,000 -5.7% |
| 2023 | $10,783 -1.1% | $1,085,000 -11.9% |
| 2022 | $10,907 +11.5% | $1,232,000 +21.9% |
| 2021 | $9,779 -4.2% | $1,010,800 |
| 2020 | $10,210 +1.4% | $1,010,800 |
| 2019 | $10,073 +27.2% | $1,010,800 +15.8% |
| 2018 | $7,920 -2% | $873,000 +12.2% |
| 2017 | $8,083 +51.4% | $778,000 +23.7% |
| 2016 | $5,341 | $629,000 +6.6% |
| 2015 | $5,341 | $590,000 +12.8% |
| 2014 | $5,341 | $523,000 +5% |
| 2013 | $5,341 | $498,000 +10.7% |
| 2012 | -- | $449,800 -6.3% |
| 2011 | -- | $480,000 +4.6% |
| 2010 | -- | $459,000 |
| 2009 | -- | $459,000 +2.7% |
| 2007 | -- | $447,000 +29.2% |
| 2006 | -- | $346,000 +11.6% |
| 2005 | -- | $310,000 +4.4% |
| 2001 | $3,507 +10.5% | $297,000 +16.8% |
| 2000 | $3,173 | $254,200 |
Find assessor info on the county website
Neighborhood: North College Park
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Nearby schools
GreatSchools rating
- 7/10Viewlands Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 10/10Robert Eagle Staff Middle SchoolGrades: 6-8Distance: 0.2 mi
- 8/10Ingraham High SchoolGrades: 9-12Distance: 2 mi
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Estimated market value
$971,200
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
$971,200
- Washington
- King County
- Seattle
- 98103
- North College Park
- 9400 Stone Avenue N
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