Seattle, WA 98106 7023 16th Avenue SW
$1,250,000
35 more
Presented By: eXp Realty and NWMLS
- MLS# 2396536
- 06/20/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 3,300
Home Details
Investor’s Dream or the unlimited House Hack! Located just steps from South Seattle College, this unique property offers the ultimate income-generating opportunity. The main home features 8 private bedrooms, each with its own en suite bathroom—one even has a kitchenette, making it perfect for extended stays or higher rental income. Tucked away with its own separate entrance is a 1 bed / 1 bath ADU, ideal for owner-occupancy or a steady rental stream. Live in one unit and let the rest pay your mortgage and then some. Or go fully passive and bring in a hands-off 6% cap rate with a property manager in place. Whether you’re a savvy investor or looking for a creative way to build wealth through real estate, this property checks all the boxes!
Presented By: eXp Realty and NWMLS
Interior Features for 7023 16th Avenue SW
Bedrooms
Bedrooms Possible0
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringHardwood, Vinyl Plank, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
Total Stories2
General for 7023 16th Avenue SW
Building Area UnitsSquare Feet
Cap Rate7.25
Carport Spaces
Carport Y/NNo
CitySeattle
CoolingNone
CountyKing
DirectionsHwy 99 North to Highland Park Way SW, Right onto SW Holden St, Right onto 16th Ave SW to home on Left.
Electric Expense5500
Elementary SchoolSanislo
Fuel Expense
HOANo
HOA Fee$
High SchoolWest Seattle High
High School DistrictSeattle
Insurance Expense3000
Leasable Area3300
Listing TermsCash Out, Conventional, FHA, Rehab Loan, State Bond, VA Loan
Living Area UnitsSquare Feet
Lot Size Square Feet5368
Lot Size UnitsSquare Feet
MLS Area140 – West Seattle
Middle/Junior High SchoolMadison Mid
ModificationTimestamp2025-07-05T18:26:11.110Z
NWM_ShowMapLinkY
Net Operating Income90655
New ConstructionNo
Number Of Units Total2
Open Parking Spaces5
PossessionClosing
Possible UseResidential
Property ConditionGood
Property Style52 – Duplex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksInvestors Dream or the unlimited House Hack! Located just steps from South Seattle College, this unique property offers the ultimate income-generating opportunity. The main home features 8 private bed
RoofComposition
Security FeaturesPartially Fenced
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeDuplex
Subdivision NameDelridge
Tax Annual Amount9390
Tax Year2025
Units Below Gradefalse
Units In Building Total2
ViewTerritorial
Water CompanySeattle Public Utilities
Water Sewer Garbage5000
Year Built2013
Zoning DescriptionResidential
Exterior for 7023 16th Avenue SW
Building Area Total3300
Covered Spaces1
Exterior AmenitiesWood Products
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot FeaturesCurbs, Secluded, Sidewalk
Lot Size Acres0.1232
Parking FeaturesRV Parking
Parking Uncovered Spaces5
Site FeaturesCable TV, Fenced-Partially, Gas Available, High Speed Internet, Outbuildings, RV Parking
Total Parking6
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
West Seattle High
Middle School
Madison Mid
Elementary School
Sanislo Elementary School
Josh QA1
REALTOR ® SRES ®