10443 17th Avenue SW, Seattle, WA 98146

$949,500
3,120
SqFt

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Listing courtesy of Windermere RE Greenwood.

List Price
$949,500
Status
ACTIVE
MLS#
2556281
Days on Market
9
Style
54 - 4-Plex
Building Condition
Good
Finished SqFt
3,120
Area Total SqFt
3120
Annual Tax Ammount
3360
Lot Size (sq ft)
17,265
Sewer
Sewer Connected

Property Description

Toatally renovated and fully occupied four-plex — turnkey income property in a proven Seattle rental corridor. Rare opportunity to acquire stabilized small multifamily where all the work is already done. Each of the four 2-bedroom, 1-bath units was comprehensively renovated in 2025 with new kitchens, updated baths, modern flooring, and in-unit washer/dryers. features that attract quality tenants and keeps them in place. Long-term tenants occupy all four units, with current rents sitting below market — organic upside with zero additional capex. Minutes to [downtown Seattle / SeaTac / major employers via 509], transit, and the White Center–Burien amenity corridor. Small renovated multifamily rarely comes available in this area. Ideal for a buy-and-hold investment and 1031 exchange buyers seeking immediate placement. Full financials, rent roll, and lease documentation available to qualified buyers on request.

Additional Information

List Date
2026-07-17 19:04:14
Community
White Center
Net Operating Income
$68,355
Gross Adjusted Income
$86,400
Gross Scheduled Income
$86,400
Total Monthly Income
$7,200
Insurance Expenses
$3,626
Water/Sewer/Garbage Expenses
$10,314
Gross Rent Multiplier
10.98
Total Expenses
$18,045
Cap Rate
7.19
Total Number of Units
4
Unit Name
10443
Potential Terms
Cash
Year Built
1969
View
Territorial
Roof
Composition
Site Features
Cable TV
Electric Expenses
612
Other Expenses
132
Energy Source
Electric
School District
Seattle
Total Monthly Income
$7,200
Gross Scheduled Income
$86,400
Gross Adjusted Income
$86,400
Tax Year
2025
Insurance Expense
$3,626
W/S/G Expenses
$10,314
Total Expenses
$18,045
Net Operating Income
$68,355
Gross Rent Multiplier
10.98
Cap Rate
7.19
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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