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(253) 256-5270
My Q Homes with Wilcox Real Estate
3845 34th Avenue W, Seattle, WA 98199
- $1,450,000
- 4,483
- SqFt
Listing Broker: Ewing & Clark, Inc.; Ray Akers; ; Selling Office: ZNonMember-Office-MLS.
- Sold Price
- $1,450,000
- List Price
- $1,595,000
- Status
- SOLD
- MLS#
- 2424230
- Closing Date
- Dec 11, 2025
- Days on Market
- 67
- Style
- 55 - 5-9 Units
- Building Condition
- Very Good
- Finished SqFt
- 4,483
- Area Total SqFt
- 4483
- Annual Tax Ammount
- 12878.15
- Lot Size (sq ft)
- 6,000
- Sewer
- Sewer Connected
Property Description
Six-unit apartment building near Magnolia Village. A short walk to Discovery Park. On bus line. Grocery store is across the street. Solid, mid-century design. History of low-maintenance. New roof in 2024. Low-flow toilets installed in each unit. All copper plumbing. Low turnover, stable income property. Same owner since 1997. Great investment opportunity. One of three investment properties offered for sale by the same owner.
Additional Information
- List Date
- 2025-10-05 00:00:00
- Community
- Magnolia
- Net Operating Income
- $87,464
- Gross Adjusted Income
- $110,159
- Gross Scheduled Income
- $109,620
- Total Monthly Income
- $9,180
- Insurance Expenses
- $2,559
- Water/Sewer/Garbage Expenses
- $3,757
- Gross Rent Multiplier
- 15.4
- Total Expenses
- $22,695
- Cap Rate
- 5.2
- Total Number of Units
- 6
- Unit Name
- 3845
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1963
- View
- Territorial
- Roof
- Flat
- Electric Expenses
- 436
- Other Expenses
- 3063
- Energy Source
- Electric
- School District
- Seattle
- Total Monthly Income
- $9,180
- Gross Scheduled Income
- $109,620
- Gross Adjusted Income
- $110,159
- Tax Year
- 2025
- Insurance Expense
- $2,559
- W/S/G Expenses
- $3,757
- Total Expenses
- $22,695
- Net Operating Income
- $87,464
- Gross Rent Multiplier
- 15.4
- Cap Rate
- 5.2
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.