Property Details

3056 60th Avenue SW
Seattle, WA 98116
$2,650,000
MLS# 2536889 courtesy of NWMLS Listing firm: Westlake Associates, Inc.

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3056 60th Avenue SW, Seattle, WA 98116, Seattle

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3056 60th Avenue SW, Seattle, WA 98116, Seattle

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Multi-Family
Property Type
9,257
Bldg Sq Ft
7
Units
5.45%
Cap Rate
1993
Year Built

Property Overview

Admiral 7 consists of seven well-designed units featuring an attractive mix of spacious townhomes and flats. The unit mix includes four 2-bed-room, 1.5-bath townhome-style units averaging approximately 1,000 square feet, two 2-bedroom, 1-bath flats averaging 814 square feet, and one large 1-bedroom unit. Each unit offers functional and desirable layouts with large living rooms, dedicated dining areas, and open kitchens featuring modern updates. Interiors are enhanced by updated bathrooms, oversized closets, abundant natural light through large windows, and the convenience of in-unit laundry. Situated in North Admiral, one of West Seattle’s most coveted neighborhoods, the property benefits from a unique blend of coastal lifestyle and urban convenience. Residents are just minutes from Alki Beach’s vibrant waterfront scene, while also enjoying proximity to Admiral Junction’s neighborhood amenities, grocery stores, cafes, and restaurants.

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Pending
County King
Neighborhood Alki
Listed Jun 8, 2026
Structure Type Multi Family
Parcel Number 2997800061

Tax & HOA

Annual Property Tax $24,180 (2026)
Est. Monthly Tax $2,015/mo

Financial Summary

Cap Rate 5.45%
Net Operating Income $144,484
Gross Scheduled Income $226,380
Gross Rent Multiplier 11.71
Total Expenses $70,577
Vacancy Rate 5.0%

Building & Use

Building Sq Ft 9,257
Leasable Area 6,281 sqft
Total Units 7
Zoning Multi-Family
Possible Use Multi-Family
Lot Size 5,523 sqft
Year Built 1993

Exterior & Lot

Lot Size 0.13 sqft
Year Built 1993
Garage 7 spaces
Exterior Materials Wood
Sewer Sewer Connected
Lot Features Corner Lot
Exterior Features Wood

Community & Access

Directions On W Seattle Bridge towards West Seattle, take the Admiral Way exit. Merge onto SW Admiral Way. In 2.3 miles, turn right onto 60th Ave SW. Site is on the right.

Location

City Seattle
County King
Coordinates 47.57606, -122.40906

Additional Information

Tax Year 2026
Annual Taxes $24,180
Possession Array
Listed By
Collin Hagstrom
Westlake Associates, Inc.

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