Property Details
701 S Kenyon St
Seattle, WA 98108
$975,000
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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
