Property Details

11825 59th Ave S
Seattle, WA 98178
$2,725,000
CBA# 704953 courtesy of CBA Listing firm: COMPASS

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11825 59th Ave S, Seattle

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Commercial
Property Type
6,120
Bldg Sq Ft
5
Units
6.00%
Cap Rate
2025
Year Built

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
Listed By
Erich Bubbel
COMPASS

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