Property Details
10653 10655 22nd Place S
Seattle, WA 98168
$1,377,500
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Property Overview
Exceptional Investment Opportunity in South Seattle! Three neighboring homes on two separate parcels—available together for one owner. This rare setup offers flexibility to rent, sell, condominium-ize, or occupy individually. Each home has its own water and electrical meter and services. One home was newly—built in 2024, offering modern finishes and turnkey appeal. Other wo houses were remodeled in 2018. All furnishing are included so the new owner can continue with the on-going short/mid term rentals into the busy summer season. New owner can also live in one house and have the income from the other houses to cover a big part of the mortgages. If condominium is recorded at the County, new owner can immediately sell three houses separatel
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
King
Neighborhood
Boulevard Park
Listed
Sep 13, 2025
Financial Summary
Cap Rate
4.76%
Net Operating Income
$5,746
Gross Scheduled Income
$7,000
Gross Rent Multiplier
5.79
Total Expenses
$1,255
Vacancy Rate
7.0%
Building & Use
Building Sq Ft
2,920
Leasable Area
2,920 sqft
Total Units
3
Lot Size
6,970 sqft
Year Built
1946
Exterior & Lot
Lot Size
0.16 sqft
Year Built
1946
Exterior Materials
Wood
Parking
RV Parking
Sewer
Sewer Connected
Water Source
Public
Lot Features
Corner Lot, Paved, Sidewalk
Exterior Features
Wood
Location
City
Seattle
County
King
Coordinates
47.50731, -122.30337
Additional Information
Tax Year
2024
Annual Taxes
$931
Possession
Array
Based on information submitted to the MLS GRID as of April 25, 2026 5:11 PM. 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, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
