Property Details

5222 -36 Delridge Way SW
Seattle, WA 98106
$3,500,000
MLS# 2495909 courtesy of NWMLS Listing firm: John L Scott RE West Seattle

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5222 -36 Delridge Way SW, Seattle, WA 98106, Seattle

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5222 -36 Delridge Way SW, Seattle, WA 98106, Seattle

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Multi-Family
Property Type
8,682
Bldg Sq Ft
15
Units
1966
Year Built

Property Overview

Strategically positioned along West Seattle’s rapidly evolving Delridge corridor, this rare 5 parcel assemblage (approx. 23,760 SF) delivers scale, zoning, and income in one offering. NC2P 55(M) zoning invites a true midrise vision—up to five stories of residential over active ground floor commercial—right in the path of ongoing growth, infrastructure investment, and neighborhood revitalization. The property currently features 15 apartment units, with a mix of rented and vacant homes that provide immediate cash flow, upside through lease up, and flexibility during design and entitlement. Generous frontage, strong visibility, and easy access to the RapidRide H Line connect future residents to jobs, services, and the core city, while the forthcoming West Seattle light rail will further enhance long term demand and exit strategies. Assemblages of this size and quality are increasingly hard to find. Whether your plan is mixed use, all residential, or a phased redevelopment, this site checks the boxes: scale, zoning, transit, and story. Bring your architect, your vision, and your preferred builder—Delridge’s next signature project starts here.

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County King
Neighborhood Delridge
Listed Mar 25, 2026

Financial Summary

Net Operating Income $39,933
Gross Scheduled Income $54,480
Gross Rent Multiplier 64.00
Total Expenses $94,413
Vacancy Rate 66.0%

Building & Use

Building Sq Ft 8,682
Leasable Area 8,682 sqft
Total Units 15
Zoning Multi-Family
Possible Use Multi-Family
Lot Size 23,762 sqft
Year Built 1966

Exterior & Lot

Lot Size 0.55 sqft
Year Built 1966
Exterior Materials Wood
Sewer Sewer Connected
Water Source Public
Lot Features Alley, Corner Lot, Cul-De-Sac, Curbs, Paved, Sidewalk
Exterior Features Wood

Location

City Seattle
County King
Coordinates 47.55430, -122.36255

Additional Information

Tax Year 2026
Annual Taxes $31,940
Possession Array
Listed By
Jonn McYnturff
John L Scott RE West Seattle

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