Property Details
8805 14th Avenue S
Seattle, WA 98108
$1,805,000
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Property Overview
Newly remodeled 10 unit apartment complex with courtyard and patios, parking for 5 cars on site, coin-operated laundry and storage. All units were completely remodeled in 2017-2019: new floors, kitchens, bathrooms, paint. Building has a new roof (on both buildings: 2019 and 2025), fresh paint (2024), gated access. Fully occupied and well maintained with 0% vacancy and excellent financials. RRIO inspection has been successfully passed in 2019.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
King
Neighborhood
South Park
Listed
Feb 19, 2026
Original Price
$1,810,000
Structure Type
Multi Family
Parcel Number
7883608350
Tax & HOA
Annual Property Tax
$12,535 (2023)
Est. Monthly Tax
$1,045/mo
Financial Summary
Cap Rate
5.00%
Net Operating Income
$80,920
Gross Scheduled Income
$124,655
Gross Rent Multiplier
15.64
Total Expenses
$43,734
Vacancy Rate
3.0%
Building & Use
Building Sq Ft
5,140
Leasable Area
5,140 sqft
Total Units
10
Zoning
Commercial
Possible Use
Commercial
Lot Size
7,802 sqft
Year Built
1959
Exterior & Lot
Lot Size
0.18 sqft
Year Built
1959
Exterior Materials
Brick, Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Paved, Sidewalk
Exterior Features
Brick, Wood
Community & Access
Directions
South of Cloverdale on 14th Ave S, building on right side (west) of street just north of U-76 Gas station. From SR99 take 14th Ave S exit heading north, building on left (west) side of street.
Location
City
Seattle
County
King
Coordinates
47.52444, -122.31527
Additional Information
Tax Year
2023
Annual Taxes
$12,535
Possession
Array
Based on information submitted to the MLS GRID as of June 23, 2026 9:05 PM. 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.
