Property Details

701 S Kenyon St
Seattle, WA 98108
$975,000
MLS# 2566778 courtesy of NWMLS Listing firm: Skyline Properties, Inc.

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701 S Kenyon St , Seattle, WA 98108, Seattle

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701 S Kenyon St , Seattle, WA 98108, Seattle

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Multi-Family
Property Type
2,880
Bldg Sq Ft
4
Units
6.20%
Cap Rate
1941
Year Built

Property Overview

Turnkey 4-plex Investment in Seattle. Features 4 spacious units w/functional layouts. 3 units w/2 bed, 1 full bath and 1 unit w/1 bed, 1 full bath. Recently remodeled units including, kitchens, bathrooms, windows, doors, floors, SS appliances and hot water heaters. Newer roof, recently painted exterior, interior and updated plumbing. Dedicated parking spots for each unit + visitor parking. Remodeled coin operated laundry room brings in additional income. The building's thoughtful layout ensures plenty of natural light. Quiet neighborhood offers accessibility to everything in the city. A short walk to Duwamish River Waterfront Park, residents enjoy scenic river views & walking trails. Walk to popular restaurants, providing easy access to dining & entertainment. Near Alki Beach, DT Seattle, Tech companies, Costco, SeaTac Airport, HWY 99, I-5, Boeing, shopping malls, restaurants, parks, schools and light rail. A solid Cash-flowing property for Investors, owner-occupied buyer, VA or a 1031 exchange.

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County King
Neighborhood South Park
Listed Aug 7, 2026
Structure Type Quadruplex
Parcel Number 7327902165

Tax & HOA

Annual Property Tax $8,683 (2026)
Est. Monthly Tax $724/mo

Financial Summary

Cap Rate 6.20%
Net Operating Income $58,529
Gross Scheduled Income $75,940
Gross Rent Multiplier 12.00
Total Expenses $17,411

Building & Use

Building Sq Ft 2,880
Leasable Area 2,688 sqft
Total Units 4
Zoning Multi-Family
Possible Use Multi-Family
Lot Size 5,001 sqft
Year Built 1941

Exterior & Lot

Lot Size 0.11 sqft
Year Built 1941
Exterior Materials Brick, Wood
Sewer Sewer Connected
Lot Features Corner Lot, Curbs, Paved, Sidewalk
Exterior Features Brick, Wood, Wood Products

Community & Access

Directions GPS is correct

Location

City Seattle
County King
Coordinates 47.53182, -122.32518

Additional Information

Tax Year 2026
Annual Taxes $8,683
Possession Array
Listed By
Scott Fladseth
Skyline Properties, Inc.

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