This Multifamily Property is no longer advertised on LoopNet.com.

8821 35th Ave SW
Seattle, WA 98126
 West Seattle 5 · Multifamily Property For Sale · 5 Units

Apartment Buildings Washington Seattle 8821 35th Ave SW, Seattle, WA 98126

INVESTMENT HIGHLIGHTS

  • Seller Financing – 25% Down Payment, 5% Interest-Only, 5-year term
  • 9.4% Cash on Cash return on renovations ($150k Budget)
  • Proposed zoning of LR3 - future development potential
  • Operational value-add to billback for utilities, storage, and parking
  • Units are in classic, well-maintained condition presenting renovation value-add potential
  • 5 storage areas and 5 off-street parking spaces

PROPERTY FACTS

No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.14 AC
Building Size 3,730 SF
No. Stories 1
Year Built 1957
Parking Ratio 1/1,000 SF
Zoning NR3

AMENITIES

SITE AMENITIES

  • Laundry Facilities

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 2 $1,335 600
2+1 3 $1,683 660

PROPERTY TAXES

Parcel Number 249120-0100 Improvements Assessment $831,100
Land Assessment $229,900 Total Assessment $1,061,000
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  • Listing ID: 35744518

  • Date on Market: 5/5/2025

  • Last Updated:

  • Address: 8821 35th Ave SW, Seattle, WA 98126

More public record information on 8821 35th Ave SW, Seattle, WA 98126

The Fauntleroy Multifamily Property at 8821 35th Ave SW, Seattle, WA 98126 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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