Seattle, WA 98136 7013 Seaview Terrace SW
$2,900,000
35 more
Presented By: Venture Real Estate Group LLC and NWMLS
- MLS# 2346672
- 03/20/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 4,490
Home Details
Truly a one-of-kind investment/development property in highly sought after W. Seattle area. This rare 6-unit turnkey investment has water views & gorgeous sunsets along w/strong cash flow. Located in West Seattle’s Gatewood area, the Seaview Terrace Apts a perfect mix of studios/1-bed/2-bed/3-bed units. Each w/own flr plan. 4 units have been renovated w/updated baths, kitchen, stainless app & new floors. W/D in all units except for small non-conforming studio. Very strong occupancy in a high demand rental mkt w/ room to increase rents to market. Exceptional development opportunity to develop 5-townhomes on the parcel, 3-bed twnhm w/garages, while maintaining income from existing 6-units. Near transit, eateries, shopping and much more.
Presented By: Venture Real Estate Group LLC and NWMLS
Interior Features for 7013 Seaview Terrace SW
Bedrooms
Bedrooms Possible0
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringVinyl Plank
Heating Y/NYes
Power Production TypeElectric, Natural Gas
Total Fireplaces
Total Stories3
General for 7013 Seaview Terrace SW
Building Area UnitsSquare Feet
Building NameLincoln Beach Add
Cap Rate4.6
Carport Spaces
Carport Y/NNo
CitySeattle
CoolingDuctless
CountyKing
DirectionsHead South and Fauntleroy Way SW take a right (South) on SW Myrtle St. Take a right (North) on 47th Ave SW. Take a left (West) on Seaview Terr SW.
Electric Expense
Fuel Expense
HOANo
HOA Fee$
HeatingBaseboard
High School DistrictSeattle
Insurance Expense1428.39
Leasable Area4490
Listing TermsCash Out
Living Area UnitsSquare Feet
Lot Size Square Feet12216
Lot Size UnitsSquare Feet
MLS Area140 – West Seattle
ModificationTimestamp2025-07-09T19:26:10.851Z
NWM_ShowMapLinkY
Net Operating Income132552
New ConstructionNo
Number Of Units Total6
Open Parking Spaces9
PossessionClosing
Possible UseResidential, See Remarks
Property Style55 – 5-9 Units
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksTruly a one-of-kind investment/development property in highly sought after W. Seattle area. This rare 6-unit turnkey investment has water views & gorgeous sunsets along w/strong cash flow. Located in
RoofComposition
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeMulti Family
Subdivision NameLincoln Park
Tax Annual Amount18135.33
Tax Year2024
Units Below Gradetrue
Units In Building Total6
ViewMountain(s), Sound, Territorial
Water CompanyCity of Seattle
Water Sewer Garbage8451.83
Year Built1901
Zoning DescriptionResidential, See Remarks
Exterior for 7013 Seaview Terrace SW
Building Area Total4490
Covered Spaces
Exterior AmenitiesWood
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot FeaturesCorner Lot, Dead End Street, Paved, Secluded, Value In Land
Lot Number5, 3
Lot Size Acres0.2804
Parking Uncovered Spaces9
Site FeaturesCable TV, Deck, Patio
Total Parking9
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Josh QA1
REALTOR ® SRES ®