1124 14th Avenue, Seattle, WA 98122

$1,100,000
1,767
SqFt

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Listing courtesy of Windermere RE/Capitol Hill,Inc.

List Price
$1,100,000
Status
ACTIVE
MLS#
2553384
Days on Market
3
Style
52 - Duplex
Building Condition
Updated/Remodeled
Finished SqFt
1,767
Area Total SqFt
1767
Annual Tax Ammount
7644
Lot Size (sq ft)
3,600
Sewer
Sewer Connected

Property Description

Exceptional opportunity for owner-occupants and investors alike. This beautifully remodeled duplex features two townhouse-style residences, offering flexibility for today's buyer and long-term upside for the future. Live in the spacious front 2-bedroom home while rental income from the rear unit helps offset your mortgage, or lease both units for cash flow while holding for future development. Potential short-plat opportunity may allow the property to be sold as two separate townhomes (buyer to verify). The front residence offers 2 bedrooms, 1 bath, a private deck, and a fully fenced yard. The rear residence features 1 bedroom, 1 bath, mini-split air conditioning, plus a private deck and fenced yard. Both homes include in-unit washer and dryer, creating turnkey convenience for owners and tenants alike. Three off-street parking spaces are accessed from the alley, while the lush, landscaped grounds provide a peaceful and private setting. Located just blocks from the heart of Capitol Hill, you'll enjoy easy access to acclaimed restaurants, cafés, Trader Joe's, Central Co-op, neighborhood parks, Light Rail, and multiple transit options. A rare combination of lifestyle, income potential, and future value in one of Seattle's most sought-after neighborhoods.

Additional Information

List Date
2026-07-23 19:13:11
Community
Capitol Hill
Net Operating Income
$56,990
Gross Adjusted Income
$72,000
Gross Scheduled Income
$72,000
Total Monthly Income
$6,000
Insurance Expenses
$2,156
Water/Sewer/Garbage Expenses
$2,710
Gross Rent Multiplier
15.28
Total Expenses
$15,010
Cap Rate
5.18
Total Number of Units
2
Unit Name
1124
Potential Terms
Cash, Conventional
Year Built
1902
Roof
Composition
Site Features
Deck, Fenced-Fully, High Speed Internet, Sprinkler System
Other Expenses
2500
Energy Source
Electric
School District
Seattle
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$6,000
Gross Scheduled Income
$72,000
Gross Adjusted Income
$72,000
Tax Year
2025
Insurance Expense
$2,156
W/S/G Expenses
$2,710
Total Expenses
$15,010
Net Operating Income
$56,990
Gross Rent Multiplier
15.28
Cap Rate
5.18
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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