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Taghus 4724 31st Ave S 9 Unit Apartment Building $2,000,000 ($222,222/Unit) 5% Cap Rate Seattle, WA 98108

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INVESTMENT HIGHLIGHTS

  • Direct Access to Columbia City Light Rail Station: Offers convenient access to Seattle, UW, and SeaTac International Airport.
  • Strong Tenant Base: Average household income in Columbia City is $136,649/year per year.
  • Rare Unit Amenities: Units feature patios, air-conditioning, dishwashers, in-unit laundry, storage options, and full-size appliances.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $2,000,000
Price Per Unit $222,222
Sale Type Investment
Cap Rate 5%
No. Units 9
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.07 AC
Building Size 3,221 SF
No. Stories 3
Year Built 2020
Zoning LR3 (M1)

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 6 $1,452 291
1+1 3 $1,948 492
Walk Score®
Very Walkable (85)
Bike Score®
Very Bikeable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
541410-0121
Land Assessment
$408,400
Improvements Assessment
$1,168,600
Total Assessment
$1,577,000
  • Listing ID: 38343000

  • Date on Market: 11/5/2025

  • Last Updated:

  • Address: 4724 31st Ave S, Seattle, WA 98108

Contact the Sale Advisor

Taghus | 4724 31st Ave S

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