Property Details

7945 9th Avenue SW
Seattle, WA 98106
$603,000
MLS# 2542790 courtesy of NWMLS Listing firm: RE/MAX Elite

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7945 9th Avenue SW, Seattle, WA 98106, Seattle

1 / 40
Multi-Family
Property Type
1,440
Bldg Sq Ft
2
Units
6.20%
Cap Rate
1919
Year Built

Property Overview

Well-maintained duplex in a highly convenient Seattle location with strong rental appeal. The upper unit offers 3 bedrooms and 1 bath, filled with natural light, creating an inviting living space. The lower unit includes 2 bedrooms and 1 bath, providing flexibility for tenants or owner-occupants. Situated with a bus stop directly across the street, offering an easy ~10-minute commute to downtown. Property has been thoughtfully cared for, featuring a newer roof and fresh exterior paint completed during current ownership. Zoned LR1, presenting future development potential and long-term upside. Interior features a blend of wood flooring and wall-to-wall carpet for comfort and durability. Strong rental history with consistent demand, and tenants currently pay all utilities—helping maximize cash flow. There is a shared laundry room with Washer & Dryer plus additional storage space. An excellent opportunity for investors or those seeking a live-in income property in a prime, transit-friendly location. Investor Portfolio Sale! Additional property currently listed at 1931 McDougall Ave, Everett 98201.

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County King
Neighborhood Highland Park
Listed Jun 19, 2026
Structure Type Duplex
Parcel Number 79726000565

Tax & HOA

Annual Property Tax $6,271 (2026)
Est. Monthly Tax $523/mo

Financial Summary

Cap Rate 6.20%
Net Operating Income $37,169
Gross Scheduled Income $45,900
Gross Rent Multiplier 13.14
Total Expenses $8,731

Building & Use

Building Sq Ft 1,440
Leasable Area 1,440 sqft
Total Units 2
Lot Size 3,794 sqft
Year Built 1919

Exterior & Lot

Lot Size 0.09 sqft
Year Built 1919
Exterior Materials Wood
Sewer Sewer Connected
Water Source Public
Lot Features Curbs, Paved, Sidewalk
Exterior Features Wood

Community & Access

Directions GPS works well. I-5 exit 162 onto Corson Ave S, right on S Michigan, Slight right onto WA-99 1st Ave bridge, exit W marginal way /south park, turn left onto W Marginal Way, left onto Highland Park Wy

Location

City Seattle
County King
Coordinates 47.53062, -122.34704

Additional Information

Tax Year 2026
Annual Taxes $6,271
Possession Array
Listed By
Tina Leggett
RE/MAX Elite

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