Property Details

172 16th Avenue
Seattle, WA 98122
$1,600,000
MLS# 2514777 courtesy of NWMLS Listing firm: Windermere Real Estate Midtown

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172 16th Avenue , Seattle, WA 98122, Seattle

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172 16th Avenue , Seattle, WA 98122, Seattle

1 / 30
0.0
Baths
0.08
Acres
1900
Year Built

About This Home

Exceptional owner / investor opportunity on a quiet, residential corner in the Central District. This 3,300 SF lot has a well-maintained & charming triplex with a non-conforming 4th unit, plus a 1 bd/1bth detached additional dwelling unit (DADU) built in 2017. Although there are 5 income generating units, this property qualifies for residential financing, opening the door to more attractive lending options. The fourplex has one 2 bd/1 bth and three 1 bd/1 bth units, each with updated systems, kitchens, and baths. Each floor plan is unique with lots of light, in-unit washer / dryer, dedicated outdoor space, and some featuring views of the Seattle skyline. The 1bd/1 bth DADU features an open floor plan with a modern design and a loft area for additional living space. Long-term development potential with the corner lot and LR2 zoning. Excellent opportunity for an investor seeking stable cash flow in a high-demand location or an owner-occupant looking to offset their mortgage payment with rental income.

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County King
Neighborhood Central Area
Listed Apr 29, 2026

Interior Features

Bathrooms 0.0
Stories 2

Exterior & Lot

Lot Size 0.08 sqft
Year Built 1900
Exterior Materials Cement Plank, Wood
Sewer Sewer Connected
Water Source Public
Lot Features Corner Lot, Curbs, Paved, Sidewalk
Exterior Features Cement Planked, Wood

Location

City Seattle
County King
Coordinates 47.60339, -122.31092

Schools

School District Seattle
Elementary School Bailey Gatzert
Middle School Wash Mid
High School Garfield High

Additional Information

Tax Year 2026
Annual Taxes $11,050
Possession Array

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Estimated Monthly Payment
$0

Provided by Beyond Real Estate, LLC

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Listed By
Lauren Hendricks
Windermere Real Estate Midtown

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