7070 E Marginal Way S
Seattle, WA 98108
- – beds
- – baths
- 7,890 sqft
- 10,443 sqft lot
- $152 per sqft
- 1985 build
Convert this motel into a 16 unit apartment complex! Estimated renovation cost at $1,300,000 for an estimated $3,000,000 finished value. Tons of sweat equity to be had as an investment. All numbers provided on rents/financials are an estimate proforma based on a newly renovated complex. There is currently no income on the building. Unit sizes would range from 346 sq ft to 433 sq feet. 4 units in the basement, 6 units on main floor, and 6 units upstairs. Tons of parking available on site. Tax Assessed Value at $1,945,500! Est. value of $3.1M after renovations into a multi-family dwelling are complete.
Last checked:
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Checking…
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Last updated Apr 25, 2025
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MLS# 2362738 —
The Building
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Year Built:1919
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Year Built:1985
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Year Built Source:Public Records
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New Construction:false
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Structure Type:Multi Family
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Roof:Torch Down
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Foundation Details:Poured Concrete
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Exterior Features:Wood
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Units In Building Total:16
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Stories Total:2
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Building Area Total:7890
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Building Area Units:Square Feet
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Calculated SqFt:7890
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SqFt Source:Public Records
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Construction Materials:Wood
Interior
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Flooring:See Remarks
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Fireplace:false
Financial & Terms
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Possession:Closing
Location
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Latitude:47.539706
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Longitude:-122.321769
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Directions:Take exit 161 for Albro Place toward Swift AveFollow S Albro Pl Slight left onto Ellis Ave STurn right onto S Myrtle St Destination will be on the right
The Property
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Property Type:Residential Income
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Property Subtype:Multi Family
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Property Condition:Fixer
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Parcel Number:3468800455
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Lot Features:Corner Lot, Paved, Sidewalk
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Lot Size Units:Square Feet
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Lot Size Acres:0.2397
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Lot Size SqFt:10443
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Lot Size Source:Public Records
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Zoning Description:Commercial
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Zoning Jurisdiction:City
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View:false
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Waterfront:false
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Possible Use:Commercial
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Irrigation Water Rights:false
Listing Agent
- Contact info:
- Agent phone:
- (253) 460-8640
- Office phone:
- (253) 460-8640
Taxes
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Tax Year:2024
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Tax Annual Amount:35022
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Cooling:false
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Heating:true
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Cooling:None
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Heating:Wall Unit(s)
Utilities
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Water Company:City Of Seattle
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Water Source:Public
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Sewer:Sewer Connected
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Sewer Company:City Of Seattle
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Power Company:Pse
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Water Sewer Garbage:10060
Schools
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Elementary School:Buyer To Verify
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Middle Or Junior School:Buyer To Verify
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High School:Buyer To Verify
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High School District:Seattle
The Community
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Subdivision Name:Georgetown
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Senior Community:false
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Association:false
Parking
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Parking Total:22
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Parking Uncovered Spaces:22
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Open Parking:true
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Open Parking Spaces:22
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Carport:false
Listing courtesy of NWMLS / Keller Williams Rty Tacoma
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/25/25
Apr 25, 2025
|
Pending | NWMLS | $1,200,000 | |
|
4/23/25
Apr 23, 2025
|
Listed / Active | NWMLS | $1,200,000 |
