Property Details

1425 Palm Ave SW
Seattle, WA 98116
$1,700,000
CBA# 707375 courtesy of CBA Listing firm: Paragon Real Estate Advisors

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1425 Palm Ave SW, Seattle

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Commercial
Property Type
4,243
Bldg Sq Ft
5
Units
3.00%
Cap Rate
1913
Year Built

Property Overview

Paragon Real Estate Advisors is pleased to present an exceptional multifamily investment opportunity in the highly desirable North Admiral neighborhood of West Seattle. Situated in a quiet residential setting just minutes from Alki Beach, the property benefits from strong tenant demand driven by its coastal proximity, neighborhood charm, and convenient access to shops, dining, and transit. Opportunities to acquire assets in this pocket are limited due to very limited supply making this offering a compelling chance to secure a well-located property in one of West Seattle’s most sought-after submarkets. The seller is open to seller financing for qualified buyers.The offering consists of a five-unit multifamily property comprised entirely of one-bedroom/one-bathroom units, with updates com

Property Details

Property Information

Property Type Commercial Sale
Status Available
County King
Listed Apr 10, 2026

Financial Summary

Cap Rate 3.00%

Building & Use

Building Sq Ft 4,243
Leasable Area 4,243 sqft
Total Units 5
Zoning NR3
Possible Use Multi-Family
Year Built 1913

Exterior & Lot

Year Built 1913

Location

City Seattle
County King
Coordinates 47.59100, -122.38500
Listed By
Ryan Iles
Paragon Real Estate Advisors

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