Seattle, WA 98177 10202 1st Avenue NW
$1,499,000
10 more
Presented By: Raven Commercial Real Estate and NWMLS
- MLS# 2370636
- 05/08/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 5,530
Home Details
This is a well maintained 4plex in a great location. Property has a new roof & paint in 2019. The seller completed a pre-sale property inspection and addressed the maintenance punch list. Long term tenants enjoy below market rents, strong upside in market rents. 3 town-style apartments were built in 2000, All 3 bedrooms,2 baths, all equipped with washer dryer, dishwashers and disposers. The original attached SFR has 3 bedrooms and 1 bath. The lot is fenced on three sides has one garage and uncovered parking for three vehicles at the back. Investor upside with rent increases to market and additional development. Seller Financing available, Terms: Seller Note $725K 36 months 5.75% interest only, balance in cash. no loan subordinations
Presented By: Raven Commercial Real Estate and NWMLS
Interior Features for 10202 1st Avenue NW
Bedrooms
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
Total Stories3
General for 10202 1st Avenue NW
Building Area UnitsSquare Feet
Cap Rate4.47
Carport Spaces
Carport Y/NNo
CitySeattle
CoolingNone
CountyKing
DirectionsFrom Holman road turn south on to 1st Ave NW. Property is at end of block
Electric Expense
Fuel Expense
HOANo
HOA Fee$
HeatingBaseboard
High School DistrictSeattle
Insurance Expense1890
Leasable Area5536
Listing TermsCash Out, Conventional, Owner Financing
Lot Size Square Feet6032
Lot Size UnitsSquare Feet
MLS Area705 – Ballard/Greenlake
ModificationTimestamp2025-09-18T05:37:11.381Z
NWM_ShowMapLinkY
Net Operating Income68103
New ConstructionNo
Number Of Units Total4
Open Parking Spaces3
PossessionClosing
Possible UseMulti-Family
Property ConditionGood
Property Style54 – 4-Plex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksThis is a well maintained 4plex in a great location. Property has a new roof & paint in 2019. The seller completed a pre-sale property inspection and addressed the maintenance punch list. Long ter
RoofComposition
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeQuadruplex
Subdivision NameSeattle
Tax Annual Amount12682
Tax Year2024
Units Below Gradefalse
Units In Building Total4
Water Companycity of Seattle
Water Sewer Garbage5815
Year Built1949
Zoning DescriptionMulti-Family
Exterior for 10202 1st Avenue NW
Building Area Total5530
Covered Spaces1
Exterior AmenitiesWood Products
Foundation DetailsPoured Concrete, Slab
Irrigation Water Rights Y/NNo
Lot Size Acres0.1385
Parking Uncovered Spaces3
Total Parking4
Waterfront Y/NNo
Additional Details
Price History
Josh QA1
REALTOR ® SRES ®