Seattle, WA 98118,8322 Wabash AVE S
Seattle, WA 98118,8322 Wabash AVE S
Seattle, WA 98118,8322 Wabash AVE S
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Listed by Skyline Properties, Inc.
$1,385,000
Est. payment /mo
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9 Beds
4 Baths
3,740 SqFt
New

8322 Wabash AVE S Seattle, WA 98118

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,740 sqft

Price per Sqft $370

Subdivision Seattle

MLS Listing ID 2369307

Style 54 - 4-Plex

Bedrooms 9

Year Built 1958

Annual Tax Amount $8,323

Lot Size 6,000 Sqft

Property Sub-Type Multi Family

Property Description

Newly remodeled 4-plex, 3 2bed/1ba and 1 3bed/1ba, features major upgrades including a new roof, updated electrical panels and plumbing systems, and in-unit washer and dryer in each unit. 3 units have been tastefully renovated, while 1 unit remains in its original condition. Over $350,000 in recent upgrades ensure a low-maintenance investment, while the property brings in strong rental income at approximately $10,000/month with over 7% cap rate. Zoned LR2(M) on a large lot, ideal for future development. Blocks from the Seattle Public Library, Rainier Beach, light rail, grocery stores, and restaurants. Perfect for investors or owner-occupants—live in one unit and let the others pay your mortgage. 2 units are left vacant for easy showing.

Location

State WA

County King

Area 380 - Southeast Seattle

Interior

Interior Features Ceramic Tile, Laminate

Flooring Ceramic Tile, Laminate

Fireplace false

Exterior

Exterior Feature Brick, Wood

View Y/N No

Roof Type Composition

Building

Lot Description Alley, Curbs, Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Cash Out, Conventional, FHA, VA Loan

Listing Terms Cash Out, Conventional, FHA, VA Loan


Northwest MLS (NWMLS)

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agent

Bob Papke

Principal Broker | License ID: 201238371

+1(503) 801-9750

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8322 Wabash AVE S