1028 E Shelby Street, Seattle, WA 98102
- $1,510,000
- 4,000
- SqFt
Listing courtesy of Realogics Sotheby's Int'l Rlty. Selling Office: Portico Real Estate.
- Sold Price
- $1,510,000
- List Price
- $1,595,000
- Status
- SOLD
- MLS#
- 2374155
- Closing Date
- Sep 29, 2025
- Days on Market
- 40
- Style
- 53 - Tri-plex
- Building Condition
- Updated/Remodeled
- Finished SqFt
- 4,000
- Area Total SqFt
- 4000
- Annual Tax Ammount
- 14482
- Internet Provider
- Xfinity
- Lot Size (sq ft)
- 6,000
- Sewer
- Sewer Connected
Property Description
Wow, what an opportunity to own in Portage Bay. This property features three amazing spaces for in city living. The top two floors of the main house boasts five bedrooms, and 3 baths with delightful daylight and views to portage bay. Below the idyllic one bedroom 2 bath nook provides a perfect pied e terre suite for rent. Lastly the recently built 2 bedroom 2 bath DADU with garage provides an ultimate modern living space with floating stairwell, two story ceilings, an atrium work space and wonderful yard access. This high performance three unit multi family home offers so many different scenarios for the savvy investor. All separate gas and electrical meters. Provides for additional development opportunities.
Additional Information
- List Date
- 2025-08-20 00:00:00
- Community
- Seattle
- Net Operating Income
- $104,354
- Gross Adjusted Income
- $104,354
- Gross Scheduled Income
- $127,140
- Total Monthly Income
- $10,595
- Insurance Expenses
- $4,704
- Gross Rent Multiplier
- 14.11
- Total Expenses
- $22,786
- Cap Rate
- 5.8
- Total Number of Units
- 3
- Unit Name
- 1028
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1918
- View
- Bay, Partial
- Roof
- Composition, Metal, Torch Down
- Site Features
- Dog Run, Fenced-Partially, Gas Available
- Other Expenses
- 3600
- Energy Source
- Electric
- School District
- Seattle
- Elementary School
- Montlake
- Middle School
- Meany Mid
- High School
- Garfield High
- Total Monthly Income
- $10,595
- Gross Scheduled Income
- $127,140
- Gross Adjusted Income
- $104,354
- Tax Year
- 2025
- Insurance Expense
- $4,704
- Total Expenses
- $22,786
- Net Operating Income
- $104,354
- Gross Rent Multiplier
- 14.11
- Cap Rate
- 5.8
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.