7023 16th Avenue Sw, Seattle, WA 98106

Local realty services provided by:Knipe Realty ERA Powered
Listed by: becca pitts, jacob weaver
Office: exp realty
MLS#:2396536
Source:NWMLS
7023 16th Avenue Sw,Seattle, WA 98106
$1,250,000
  • - Beds
  • - Baths
  • 3,300 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$1,250,000
  • Price per sq. ft.:$378.79

About this home

ATTENTION INVESTORS: CASH FLOW, LOCATION, AND FLEXIBILITY Blocks from South Seattle College, this income-producing property is perfectly set up for rental housing, co-living, or shared-living rentals. Main home features 8 private bedrooms, each with private bath, including one suite with a kitchenette for premium rent potential. Separate-entrance 1 bed/1 bath ADU adds more options ideal for owner-occupancy, additional rental income, or on-site management. This property is built to perform from day one. Use it as the ultimate house hack live in the ADU and let eight income streams pay the mortgage or operate it as a fully passive investment. With strong, predictable room-by-room income and high demand from the nearby college community, it’s an excellent candidate for DSCR financing, allowing investors to qualify based on the property’s income rather than personal income. Current rents already prove the model: 2 of the 9 rooms are occupied at $1,250/month each, while the kitchenette

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Home facts

  • Year built:2013
  • Listing ID #:2396536
  • Updated:February 24, 2026 at 01:30 AM

Rooms and interior

  • Living area:3,300 sq. ft.

Heating and cooling

  • Heating:Wall Unit(s)

Structure and exterior

  • Roof:Composition
  • Year built:2013
  • Building area:3,300 sq. ft.
  • Lot area:0.12 Acres

Schools

  • High school:West Seattle High
  • Middle school:Madison Mid
  • Elementary school:Sanislo

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,250,000
  • Price per sq. ft.:$378.79
  • Tax amount:$9,390 (2025)
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