Property Details
2701 S Walden Street
Seattle, WA 98144
$2,350,000
Active
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Property Overview
Built in 1967 and renovated in 2019/2020, the Quaker Court is a 10-unit apartment building located in the Mt. Baker neighborhood. This convenient, urban location is just blocks from Mt. Baker Station, several recreational parks, restaurants, and schools. The systems throughout the building that have been updated include the following: washer/dryer, quartz counters, LVP flooring, stainless appliances, new decks, freshy painted exterior and common areas with new carpet. This is a value-add opportunity from a management perspective, as all the heavy lifting has been completed; just need to raise the income.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
King
Neighborhood
Columbia City
Listed
Jul 30, 2026
Structure Type
Multi Family
Parcel Number
1426300305
Tax & HOA
Annual Property Tax
$20,485 (2026)
Est. Monthly Tax
$1,707/mo
Financial Summary
Cap Rate
6.11%
Net Operating Income
$143,603
Gross Scheduled Income
$214,572
Gross Rent Multiplier
10.95
Total Expenses
$60,240
Vacancy Rate
5.0%
Building & Use
Building Sq Ft
5,625
Leasable Area
5,625 sqft
Total Units
10
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
7,649 sqft
Year Built
1966
Exterior & Lot
Lot Size
0.18 sqft
Year Built
1966
Exterior Materials
Wood
Sewer
Sewer Connected
Lot Features
Paved, Sidewalk
Exterior Features
Wood
Community & Access
Directions
From Seattle, take I-5 S to Rainier Ave S. Take exit 3 from I-90 E. Driving S on Rainier Ave S, turn right onto Martin Luther King Jr Way S. Turn right onto S Walden St. Property is on the left side.
Location
City
Seattle
County
King
Coordinates
47.57151, -122.29750
Additional Information
Tax Year
2026
Annual Taxes
$20,485
Possession
Array
Based on information submitted to the MLS GRID as of August 12, 2026 6:45 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.
