8821 35th Avenue SW
Seattle, WA 98126
- – beds
- – baths
- 3,180 sqft
- 6,050 sqft lot
- $330 per sqft
- 1957 build
SELLER FINANCING AVAILABLE - attractive terms: 25% down payment and 5% interest-only payments for five years. This well-located 5-unit property offers a compelling value-add investment opportunity through both operational improvements and unit renovations. A new owner can unlock immediate upside by implementing a utility bill-back system for water, sewer, and garbage, as well as charging for storage and reserved off-street parking. Additionally, completing full unit renovations and bringing rents up to market levels provides a clear path to repositioning the asset and enhancing long-term returns. The property is part of phase 2 of the Seattle One Plan upzone. The proposed zoning is LR3 which creates future development potential.
Last checked:
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Last updated May 5, 2025
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MLS# 2362878 —
The Building
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Year Built:1957
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New Construction:false
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Structure Type:Multi Family
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Roof:Flat
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Exterior Features:Brick, Wood
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Units In Building Total:5
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# of Units Total:5
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Stories Total:1
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Building Area Total:3180
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Building Area Units:Square Feet
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Calculated SqFt:3180
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Construction Materials:Brick, Wood
Interior
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Fireplace:false
Financial & Terms
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Possession:Closing
Location
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Latitude:47.523976
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Longitude:-122.377088
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Directions:From downtown Seattle, take 1st Ave to Alaskan Way S. Take Hwy 99 S/WA-99 S and W Seattle Brg to 35th Ave SW.
The Property
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Property Type:Residential Income
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Property Subtype:Multi Family
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Parcel Number:24912000100
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Lot Size Units:Square Feet
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Lot Size Acres:0.1389
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Lot Size SqFt:6050
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Lot Size Source:Public Records
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View:false
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Waterfront:false
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Irrigation Water Rights:false
Listing Agent
- Contact info:
- Agent phone:
- (206) 623-8880
- Office phone:
- (206) 623-8880
Taxes
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Tax Year:2025
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Tax Annual Amount:10883
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:Radiant
Utilities
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Sewer:Sewer Connected
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Water Sewer Garbage:9067
Schools
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High School District:Seattle
The Community
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Subdivision Name:West Seattle
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Senior Community:false
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Association:false
Parking
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Parking Total:5
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Parking Uncovered Spaces:5
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Open Parking:true
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Open Parking Spaces:5
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Carport:false
Listing courtesy of NWMLS / Paragon Real Estate Advisors
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 |
|---|---|---|---|---|
|
5/5/25
May 5, 2025
|
Listed / Active | NWMLS | $1,050,000 | 139.2% (6.3% / YR) |
|
3/6/03
Mar 6, 2003
|
NWMLS | $439,000 |
