Property Details
2258 14th Avenue W
Seattle, WA 98119
$1,150,000
Active
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Property Overview
First time on the market in 33 years, and it shows. This turnkey West Queen Anne fourplex has been quietly held under single ownership for over three decades and is ready for a new investor to step in and collect. Four one-bedroom units, hardwood floors throughout, dishwashers in every unit, and Unit 4 comes with its own in-unit washer and dryer. Large basement storage accessible to all tenants. Off-street parking and a fenced backyard round it out. Live in one and rent the rest, this is a classic owner-occupy setup in one of Seattle's strongest residential neighborhoods. Queen Anne continues to command premium rents, attract long-term tenants, and hold its value through every market cycle. Current rents are below market with a clear upside path to $6,980/month. Zoned LR3(M) with long-term redevelopment optionality and potential to convert existing space into additional units, a value-add angle that is increasingly rare to find in this submarket. Steps from Metro Route 2, the RapidRide D Line, Seattle Center, Climate Pledge Arena, Kerry Park, and some of the best dining and retail in the city. Median household income within one mile exceeds $151,000. Strong bones, great location, proven demand. Priced at $287,500 per unit — bring your buyers.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
King
Neighborhood
Queen Anne
Listed
May 6, 2026
Structure Type
Quadruplex
Parcel Number
2771601405
Tax & HOA
Annual Property Tax
$10,156 (2026)
Est. Monthly Tax
$846/mo
Financial Summary
Cap Rate
4.38%
Net Operating Income
$50,318
Gross Scheduled Income
$79,909
Gross Rent Multiplier
15.54
Total Expenses
$26,632
Vacancy Rate
4.0%
Building & Use
Building Sq Ft
2,800
Leasable Area
2,800 sqft
Total Units
4
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
4,012 sqft
Year Built
1910
Exterior & Lot
Lot Size
0.09 sqft
Year Built
1910
Exterior Materials
Wood
Sewer
Sewer Connected
Lot Features
Paved, Sidewalk
Exterior Features
Wood
Community & Access
Directions
North on Elliott Ave W, continuing onto 15th Ave W, turn right onto W Boston St (passing the Brown Bear Car Wash). Left at 1st cross street onto 14th Ave W. site is on the right.
Location
City
Seattle
County
King
Coordinates
47.64031, -122.37468
Additional Information
Tax Year
2026
Annual Taxes
$10,156
Possession
Array
Based on information submitted to the MLS GRID as of June 8, 2026 4:45 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.
