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Image 1 - 3422 21st Ave W, Seattle, Washington, 98199 - House for sale
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Home For Sale In Seattle, Washington
3422 21st Ave W, Seattle, Washington, 98199

Home For Sale In Seattle, Washington

house for sale
Listed: 05/11/24

3422 21st Ave W, Seattle, Washington, 98199

Studio Bed:
6,835 Sq Ft Living Area:
Save
Price
$ 2M

About This House

Enjoy cashflow and stability while planning your future development upside! Current financials of this building are on par with comparable properties but the differentiating quality of this opportunity is found in the extraordinary upside. 6-unit building with additional single family home sits on a7, 650square foot, street-to-street lot with coveted LR-3 zoning. Three viable upside options: 1) add rental units or build/sell townhomes where SFH currently sits; 2) expand existing units into under-utilized interior space (there are two large interior staircases, one could be repurposed to pick up an entire bedroom on three units); and 3) align rents with market-rate. Loads of off-street parking. Close commute for numerous high-income jobs.

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Southeast Magnolia Housing & Living

Household Income

Median household income: $93,481
Number of households: 338,002
The average household income in Seattle, WA grew from $86,822 to $93,481 in the past year. This data is an estimate based upon 338,002 households in Seattle, WA.
The chart below presents how household income is distributed in Seattle, WA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Seattle, WA compared to median property taxes around the country. The prevalent amount of property taxes in Seattle, WA equals $3k+ , which is more than the national average.