Property Details
6919 Carleton Avenue S
Seattle, WA 98108
$810,000
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Property Overview
Prime investment opportunity in the heart of Georgetown, Seattle! This duplex offers two 2-bedroom, 1-bath units totaling 1,440 square feet, with each unit spanning 720 square feet and designed for practical, income-producing living. Built in 1985 and fully fenced, this property is well-suited for investors seeking stable cash flow with upside potential. Each unit includes essential appliances for tenant use. Unit 1 features an oven, refrigerator, washer, and dryer. Unit 2 includes an oven, refrigerator, dishwasher, washer, and dryer. Zoned LR2(M); value in land. One unit offers a value-add opportunity through cosmetic updates, giving investors the ability to increase rents and build equity over time. Located in the sought-after Georgetown neighborhood with strong rental demand, proximity to major employment hubs, and easy access to downtown Seattle and key commuter routes, this property checks key boxes for long-term portfolio growth. Solid income now with room to improve. Don’t miss this value-add multifamily opportunity in a high-demand Seattle market.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
King
Neighborhood
Georgetown
Listed
May 7, 2026
Financial Summary
Cap Rate
1.26%
Net Operating Income
$10,222
Gross Scheduled Income
$34,800
Gross Rent Multiplier
23.27
Total Expenses
$24,578
Building & Use
Building Sq Ft
1,440
Leasable Area
1,440 sqft
Total Units
2
Zoning
Multi-Family,Residential,See Remarks
Possible Use
Multi-Family, Residential, See Remarks
Lot Size
5,502 sqft
Year Built
1985
Exterior & Lot
Lot Size
0.13 sqft
Year Built
1985
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Alley, Curbs, Paved, Sidewalk, Value In Land
Exterior Features
Wood, Wood Products
Location
City
Seattle
County
King
Coordinates
47.54069, -122.32268
Additional Information
Tax Year
2025
Annual Taxes
$7,602
Possession
Array
