809 NE 62nd Street, Seattle, WA 98115

$925,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Listing courtesy of Madison Partners Real Estate.

List Price
$925,000
Status
ACTIVE
MLS#
2507424
Price Change
▼ $175,000 1783999937
Days on Market
81
Style
53 - Tri-plex
Building Condition
Good
Annual Tax Ammount
10852
Lot Size (sq ft)
4,725
Sewer
Sewer Connected

Property Description

Fantastic Ravenna location, close to light rail and Greenlake. Walking distance to great shopping and dining. Two big 2 bedroom units and One big 1 bedroom unit. All units with washer and dryer. Off street parking for each unit. Turnkey units in great condition. Great value here.

Additional Information

List Date
2026-05-06 17:43:14
Community
Ravenna
Net Operating Income
$67,247
Gross Adjusted Income
$81,400
Gross Scheduled Income
$84,000
Total Monthly Income
$7,000
Insurance Expenses
$1,907
Water/Sewer/Garbage Expenses
$2,120
Gross Rent Multiplier
17.18
Total Expenses
$14,879
Cap Rate
5.6
Vacancy Rate
3
Total Number of Units
3
Unit Name
809
Potential Terms
Cash, Conventional
Year Built
1916
Roof
Composition
Site Features
Cable TV
Energy Source
Electric
School District
Seattle
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$7,000
Gross Scheduled Income
$84,000
Vacancy Rate
3
Gross Adjusted Income
$81,400
Tax Year
2025
Insurance Expense
$1,907
W/S/G Expenses
$2,120
Total Expenses
$14,879
Net Operating Income
$67,247
Gross Rent Multiplier
17.18
Cap Rate
5.6
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.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks