Seattle, WA 98144 812 29th Avenue S
$2,400,000
27 more
Presented By: COMPASS and NWMLS
- MLS# 2420006
- 08/08/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 6,408
Home Details
Rare Investment Opportunity in Desirable Leschi! Don’t miss this exceptional 8-unit multifamily property in sought-after Leschi, featuring three tax parcels totaling 14,980 sq ft with strong cash flow and the opportunity to add value. Multiple development options as well! Each 2-bedroom, 1-bath unit provides 800 sq ft of living space, with garage rental options and several updated units for added appeal. Amenities include an 824 sq ft shop with water and power, offering ADU conversion potential, six rentable garages, and a coin-operated laundry room. The property also boasts a vacant buildable lot for future growth, allowing rental income on current units while exploring new construction possibilities. Schedule a private tour today!
Presented By: COMPASS and NWMLS
Interior Features for 812 29th Avenue S
Bedrooms
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
Total Stories3
General for 812 29th Avenue S
AmenitiesCoin Op Laundry
Building Area UnitsSquare Feet
Building NameBaxter Edition
Cap Rate4.4
Carport Spaces1
Carport Y/NNo
CitySeattle
CoolingDuctless, None
CountyKing
DirectionsFrom I-90, take exit Rainier Ave South, turn Left on S Holgate St, turn Left on 23rd Ave S, turn Right on S Dearborn St, turn Right on 29th Ave S. Property will be on your Left.
Electric Expense
Elementary SchoolThurgood Marshall El
Fuel Expense
HOANo
HOA Fee$
HeatingDuctless, Forced Air
High SchoolGarfield High
High School DistrictSeattle
Insurance Expense3500
Leasable Area6408
Listing TermsCash Out, Conventional
Lot Size Square Feet14980
Lot Size UnitsSquare Feet
MLS Area390 – Central Seattle
Middle/Junior High SchoolWash Mid
ModificationTimestamp2025-09-17T00:43:10.806Z
NWM_ShowMapLinkY
Net Operating Income120080
New ConstructionNo
Number Of Units Total8
Open Parking Spaces0
PossessionClosing, Subject to Tenant Rights
Property Style55 – 5-9 Units
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksRare Investment Opportunity in Desirable Leschi! Dont miss this exceptional 8-unit multifamily property in sought-after Leschi, featuring three tax parcels totaling 14, 980 sq ft with strong cash flow
RoofFlat
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeMulti Family
Subdivision NameLeschi
Tax Annual Amount30117
Tax Year2024
Units Below Gradefalse
Units In Building Total8
Water CompanyCity Lights
Water Sewer Garbage15026.36
Year Built1963
Exterior for 812 29th Avenue S
Building Area Total6408
Covered Spaces6
Exterior AmenitiesStucco, Wood Products
Foundation DetailsSlab
Irrigation Water Rights Y/NNo
Lot Dimensions100X150ft
Lot FeaturesSidewalk
Lot Number12
Lot Size Acres0.3439
Parking FeaturesRV Parking
Parking Uncovered Spaces0
Site FeaturesRV Parking, Shop
Total Parking8
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
Elementary School
Thurgood Marshall El Elementary School
Middle School
Wash Mid
High School
Garfield High
Josh QA1
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