2801 14th AVE W, Seattle, WA 98119
2801 14th AVE W, Seattle, WA 98119
2801 14th AVE W, Seattle, WA 98119
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Ryan Garrison

Ryan Garrison

+1(360) 233-2332
Listed by:Paragon Real Estate Advisors • Will Douglas • Ben Douglas
$2,550,000
Est. payment /mo
16 Beds
8 Baths
6,272 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,272 sqft

Price per Sqft $406

Subdivision Interbay

MLS Listing ID 2584084

Style 55 - 5-9 Units

Bedrooms 16

Year Built 1961

Annual Tax Amount $22,758

Lot Size 9,000 Sqft

Property Sub-Type Multi Family

Property Description

The Deauville Apartments is an 8-unit apartment community above the Interbay corridor in North Queen Anne. Built in 1961 and fully renovated since 2019, with $325k invested, the property offers a turn-key investment with strong in-place revenue and streamlined operations in one of Seattle's most desirable rental markets. The 8 two-bedroom homes average 784 square feet and each offer view windows, dishwashers, in-unit washers and dryers, modern updates, off-street parking, and access to storage. Unique features contributing to strong tenant demand include new hardwood floors in most units, lush gardens, outdoor spaces, and territorial views. Convenient access to major employers and transit is a draw for tenants employed in Downtown Seattle, Fremont, University of Washington, South Lake Union, and First Hill. Nearby Ballard, Fremont, and Interbay also offer extensive shopping and amenities for tenants. Recent systems updates have included new electrical panels in four units (all are up-to-date), plumbing updates, new hot water heaters and new appliances throughout, roof and storm drainage upgrades, and a full exterior refresh (repairs, paint, fixtures). There is future redevelopment on this 9,000 square foot LR3(M)-zoned lot and there is the ability to add a 9th unit in the common laundry room/storage area.

Location

State WA

County King

Area 700 - Queen Anne/Magnolia

Interior

Flooring Hardwood, Laminate

Fireplace false

Exterior

Exterior Feature See Remarks

View Y/N No

Roof Type Flat

Building

Sewer Available

Water Public

New Construction No

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Northwest MLS (NWMLS)
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Ryan Garrison
Ryan Garrison

Property Solutions Expert WA NWMLS# 95024

+1(360) 233-2332 | [email protected]

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