818 W Argand Street, Seattle, WA 98119

$1,545,000
3,620
SqFt

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Listing courtesy of Best Choice Realty LLC.

List Price
$1,545,000
Status
ACTIVE
MLS#
2536390
Price Change
▼ $50,000 1782327673
Days on Market
46
Style
52 - Duplex
Building Condition
Very Good
Finished SqFt
3,620
Area Total SqFt
3620
Annual Tax Ammount
14628
Internet Provider
Quantum Fiber and Xfinity
Lot Size (sq ft)
5,500
Sewer
Sewer Connected

Property Description

Rare duplex in Queen Anne offering exceptional flexibility for owner-occupants and investors. The vacant upper unit features 3 bedrooms and 2 bathrooms, including an oversized primary suite with walk-in closet and ensuite bath, a spacious kitchen, in-unit washer and dryer, and a private deck overlooking the Lake Washington Ship Canal. An interior staircase connects the upper unit to a lower-level studio with kitchenette, ¾ bath, and separate exterior entrance, creating additional rental, guest-suite, or work-from-home potential. The tenant-occupied lower unit offers 2 bedrooms, 2 bathrooms, a full kitchen, in-unit washer and dryer, and its own private patio space. Both units enjoy private outdoor living areas, providing a peaceful retreat rarely found in the city. Located just a short walk from Seattle Pacific University and minutes from Fremont and Ballard across the bridge, this unique property offers strong rental demand, multiple income opportunities, and a rare investment opportunity in one of Seattle's most desirable neighborhoods. Add three off-street parking spaces—an uncommon luxury in Queen Anne—and you have a property that balances lifestyle, flexibility, and long-term income potential.

Additional Information

List Date
2026-06-10 17:54:14
Community
Queen Anne
Net Operating Income
$67,525
Gross Adjusted Income
$90,600
Gross Scheduled Income
$90,600
Total Monthly Income
$2,550
Insurance Expenses
$2,193
Water/Sewer/Garbage Expenses
$4,959
Gross Rent Multiplier
17.6
Total Expenses
$23,074
Cap Rate
4.23
Vacancy Rate
66
Total Number of Units
2
Unit Name
818
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1980
View
Partial, Sound, Territorial
Roof
Composition
Site Features
Deck, Patio
Electric Expenses
1293
Energy Source
Electric, Wood
School District
Seattle
Elementary School
Frantz Coe Elementary
Middle School
Mc Clure Mid
High School
Lincoln High
Total Monthly Income
$2,550
Gross Scheduled Income
$90,600
Vacancy Rate
66
Gross Adjusted Income
$90,600
Tax Year
2026
Insurance Expense
$2,193
W/S/G Expenses
$4,959
Total Expenses
$23,074
Net Operating Income
$67,525
Gross Rent Multiplier
17.6
Cap Rate
4.23
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.
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