Property Details
3444 34th Avenue W
Seattle, WA 98199
$849,000
Active
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Property Overview
Rare and well-maintained Magnolia duplex offering flexibility for investors, owner-occupants, or multi-generational living. Ideal house hack—live in one unit and rent the other. Each unit features 2 beds, 1 bath, and approx. 890 sq ft/unit. Property includes a beautifully maintained garden, remodeled fencing, and fresh interior paint. Located on a residential street near Magnolia Village, Discovery Park, cafés, restaurants, parks, and waterfront recreation, with easy access to downtown Seattle and major commuter routes. Strong long-term rental potential in a supply-constrained neighborhood. Projected market rents $2,100–$2,700 per unit offer upside from below-market rents, strong cash flow potential, and long-term appreciation. Pre-inspection available upon request.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
King
Neighborhood
Magnolia
Listed
May 14, 2026
Financial Summary
Cap Rate
5.48%
Net Operating Income
$46,561
Gross Scheduled Income
$60,000
Gross Rent Multiplier
14.15
Total Expenses
$13,438
Building & Use
Building Sq Ft
1,780
Leasable Area
1,780 sqft
Total Units
2
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
2,339 sqft
Year Built
1943
Exterior & Lot
Lot Size
0.05 sqft
Year Built
1943
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Curbs, Paved, Sidewalk
Exterior Features
Wood
Location
City
Seattle
County
King
Coordinates
47.65179, -122.40070
Additional Information
Tax Year
2026
Annual Taxes
$5,500
Possession
Array
Based on information submitted to the MLS GRID as of May 15, 2026 2:15 AM. 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.
