Property Details
11825 59th Ave S
Seattle, WA 98178
$2,725,000
Pending
CBA# 704953 courtesy of CBA
Listing firm: COMPASS
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Property Overview
Newly constructed in 2025, this five-unit townhouse community combines modern design, high-end finishes, and flexible long-term upside in a highly functional footprint. Each residence is built as a fee-simple style townhome and sits on its own tax parcel, allowing an investor to treat the asset as a cohesive income-producing property today while preserving the option to sell off individual units in the future to capture value from the single-family housing market. The current rent roll includes two of the five units leased, providing immediate income with upside as the remaining homes are brought to market. The community features an efficient unit mix of three 3BD/2.5BA townhomes and two 2BD/2.5BA townhomes, appealing to a wide range of renters, from professionals to small families. All units showcase high-end finishes and all-new appliances, including in-unit washers and dryers, contemporary kitchens, and durable materials designed for low ongoing maintenance. Private patios, exterior storage units, and balconies enhance livability and tenant retention, while metal roofs provide long-term durability and reduced capital expenditure risk. Site-level amenities further strengthen the property’s appeal, with one off-street parking space per unit located inside a secure gated entry, offering both convenience and peace of mind. As a turn-key, 2025-built asset with separate tax parcels, A/C in every unit and high-quality construction, this property is ideally suited for investors seeking a low-maintenance, income-producing asset with multiple exit strategies—hold as a long-term rental, gradually sell units individually, or reposition over time as the surrounding single-family market continues to appreciate.
Property Details
Property Information
Property Type
Commercial Sale
Status
Pending
County
King
Listed
Jun 23, 2026
Financial Summary
Cap Rate
6.00%
Building & Use
Building Sq Ft
6,120
Leasable Area
6,120 sqft
Total Units
5
Zoning
NC1-40(M)
Possible Use
Multi-Family
Year Built
2025
Exterior & Lot
Year Built
2025
Location
City
Seattle
County
King
Coordinates
47.49680, -122.26000
