711 21st Avenue, Seattle, WA 98122

Local realty services provided by:Knipe Realty ERA Powered
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Listed by:reid jones
Office:westlake associates, inc.
MLS#:2417426
Source:NWMLS
711 21st Avenue,Seattle, WA 98122
$2,295,000
  • - Beds
  • - Baths
  • 6,036 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$2,295,000
  • Price per sq. ft.:$380.22

About this home

Rare Central District 6-Unit w/ Upside + LR2 Rezone Potential Exciting opportunity to own a well-located 6-unit in one of Seattle’s most dynamic neighborhoods. Sits on a 7,200 SF lot with proposed LR2 zoning, offering solid in-place income plus redevelopment potential. Mix of 2-, 3-, and rare 4-bedroom layouts. Major 2018 updates include rebuilt units, PEX plumbing, new electrical panels, vinyl siding/windows, and torchdown roof. Boost income with cosmetic upgrades, RUBS, and parking fees, pro forma cap rate of 6.7%+. Shared outdoor patio and surface parking add tenant appeal. Blocks to future light rail, Seattle U, and Swedish Cherry Hill. Professionally managed and maintained, a rare blend of income, location, and future flexibility.

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Home facts

  • Year built:1900
  • Listing Id #:2417426
  • Updated:August 08, 2025 at 12:17 AM

Rooms and interior

  • Living area:6,036 sq. ft.

Heating and cooling

  • Heating:Wall Unit(s)

Structure and exterior

  • Roof:Torch Down
  • Year built:1900
  • Building area:6,036 sq. ft.
  • Lot area:0.17 Acres

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$2,295,000
  • Price per sq. ft.:$380.22
  • Tax amount:$19,368 (2025)
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