Property Details

3600 25th Avenue W
Seattle, WA 98199
$3,000,000
MLS# 2449582 courtesy of NWMLS Listing firm: Keller Williams Realty Bothell

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3600 25th Avenue W, Seattle, WA 98199, Seattle

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Multi-Family
Property Type
9,142
Bldg Sq Ft
7
Units
5.56%
Cap Rate
1968
Year Built

Property Overview

7-unit apartment/condo building originally constructed as part of the Eldorado Block condominium development, resulting in larger-than-typical floor plans and condo-quality finishes. Each residence offers a two-bedroom, 1.75-bathroom layout with desirable features including wood-burning stone fireplaces, in-unit washers & dryers, exterior-vented range hoods, spacious walk-in closets in the primary suite, and generous storage throughout. Tenants enjoy the benefit of condo-sized units rarely found in comparable rental properties. As a member of the Eldorado Block community, this property also shares access to a clubhouse, swimming pool, spa, sauna, and fitness room—amenities that further enhance tenant appeal and long-term

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County King
Neighborhood Magnolia
Listed Oct 31, 2025

Financial Summary

Cap Rate 5.56%
Net Operating Income $166,778
Gross Scheduled Income $217,080
Gross Rent Multiplier 13.00
Total Expenses $39,448
Vacancy Rate 5.0%

Building & Use

Building Sq Ft 9,142
Leasable Area 9,142 sqft
Total Units 7
Lot Size 6,882 sqft
Year Built 1968

Exterior & Lot

Lot Size 0.16 sqft
Year Built 1968
Garage 1 spaces
Exterior Materials Stone, Wood
Sewer Sewer Connected
Lot Features Paved, Sidewalk
Exterior Features Stone, Wood

Location

City Seattle
County King
Coordinates 47.65200, -122.38864

Additional Information

Tax Year 2025
Annual Taxes $26,776
Possession Array
Listed By
Corey Crain
Keller Williams Realty Bothell

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