Property Details
6705 Delridge Way SW
Seattle, WA 98106
$1,100,000
Active
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Property Overview
Investment Opportunity with Owner-Occupant Option Lena Apartments is a well-maintained 4-unit building in the High Point neighborhood of West Seattle, offering stable income today and significant upside potential tomorrow. Each unit is a 1-bedroom, 1-bath layout with hardwood floors, efficient kitchens, and access to outdoor space. Located in High Point High Lena Apartments offers strong investment potential, with average home values around $660,000 and steady annual growth of about 3%. The area stands out for its professional demographic, with over half of residents working in managerial or professional roles, and its median household income exceeding 75% of U.S. neighborhoods, highlighting both economic stability and upward mobility.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
King
Neighborhood
High Point
Listed
Sep 11, 2025
Structure Type
Quadruplex
Parcel Number
1900000014
Tax & HOA
Annual Property Tax
$8,276 (2025)
Est. Monthly Tax
$690/mo
Financial Summary
Cap Rate
5.20%
Net Operating Income
$23,209
Gross Scheduled Income
$49,800
Gross Rent Multiplier
12.10
Total Expenses
$24,101
Vacancy Rate
5.0%
Building & Use
Building Sq Ft
2,360
Leasable Area
2,360 sqft
Total Units
4
Lot Size
7,937 sqft
Year Built
1957
Exterior & Lot
Lot Size
0.18 sqft
Year Built
1957
Exterior Materials
Brick
Sewer
Sewer Connected
Water Source
Public
Lot Features
Sidewalk
Exterior Features
Brick
Community & Access
Directions
State Rte 509 N/WA-509 N to WA-99/W Marginal Wy S in Seattle. Take the WA-99 S exit from State Rte 509 N/WA-509 N WA-99. Take Highland Park Wy SW and SW Holden St to Delridge Wy SW
Location
City
Seattle
County
King
Coordinates
47.54267, -122.36168
Additional Information
Tax Year
2025
Annual Taxes
$8,276
Possession
Array
Based on information submitted to the MLS GRID as of June 1, 2026 11:08 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.
