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Listed by: Quirina Maravilla (253) 861-8488 | Epique Realty (509) 590-1765
$1,699,950
Monthly Est:$8,461
11 Beds
8 Baths
4,590sqft
9265 57th Avenue S, Seattle, WA 98118
$1,699,950
$8,461/moEst:
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Multi Family
Built in 1923
$-- HOA
4,725 sqft lot
$370/sq.ft
Description
Exceptional value-add investment opportunity in Seattle's evolving Rainier Beach neighborhood, just moments from Lake Washington. This 7-unit multifamily property features an ideal unit mix of four 2-bedroom/1-bath units and three 1-bedroom/1-bath units, providing strong in-place income with additional revenue from on-site coin-operated laundry. Current ownership has maintained consistent occupancy while offering the next owner the opportunity to enhance value through cosmetic unit updates as vacancies occur. Investors will appreciate the potential to improve rental income over time while benefiting from immediate cash flow. Situated on an NC155(M)-zoned lot with six tandem parking spaces accommodating up to 12 vehicles, the property also offers long-term redevelopment potential (buyer to verify). Conveniently located near Lake Washington, transit, neighborhood restaurants, shopping, and ongoing community investment, this is a rare opportunity to acquire a well-performing asset with multiple avenues for future growth. Some interior photos have been virtually staged for illustrative purposes only. Virtual staging is limited to furnishings and décor.
- Houzeo last checked: 12 hours ago
- Listing updated: September 22, 2026 at 6:43 am
- Source: Northwest Multiple Listing Service | MLS#: NWM2548973
Property Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
Year Built
1923
HOA Fees
-
Finished Area
4,590 sqft
Lot Size
4,725 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2548973
MLS Status
Active
Days on Market
91
Cumulative Days on Market
90
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 11
Bathrooms: 8
Interior
Heating
Baseboard, Wall Furnace
Cooling
None
Sewer
Sewer Connected
Flooring
Laminate, Vinyl, Carpet
Exterior Features
Brick, Wood, Wood Products
Construction
Year Built
Year Built: 1923
Home type
Multi Family
Roof
Flat, Torch Down
Foundation Details
Poured Concrete
Property Condition
Fair
Construction Materials
Brick, Wood
Other Features
Lot Features
Paved, Sidewalk
Subdivision Name
Rainier Beach
Price History
| Date | Event | Price |
|---|---|---|
09/04/2026 Source: | Listed for Sale | $1,699,950 $370/sqft |
09/03/2026 Source: | Listing Removed | $1,699,950 +269.55% $370/sqft |
08/04/2010 Source: | Sold | $460,000 $100/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 01, 2026, 02:47PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
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