NWMLS

Listing Broker: Kidder Mathews; Max Frame; 360-705-2800; max.frame@kidder.com.

Listings with the three tree icon are courtesy of NWMLS.

1811 20th Avenue

Seattle, WA 98122

LISTING #2590693
$4,500,000
STATUS Active
YEAR BUILT 2015
PROPERTY TYPE Residential Income

ABOUT THIS PROPERTY

44-unit, 2015-built multifamily investment opportunity in Seattle’s Madison Valley. Madison 2.0 features a mix of SEDUs, studios, one-bedroom homes and live/work lofts with modern finishes, large windows, stainless appliances and efficient floorplans. Community amenities include a rooftop deck with city views, shared kitchen and laundry. Excellent urban location near Capitol Hill, Downtown Seattle, dining, retail, employment centers and transit. Offered at $4.5M ($102,273/unit) with a 6.34% cap rate on current operations and additional rental upside.

PROPERTY DETAILS

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Location Information
County King
Community Seattle
Latitude 47.618026
Longitude -122.306409
Directions 1811 20TH AVE SEATTLE, WA 98122
Subdivision Name Capitol Hill
Interior Features
Has Fireplace No
Number of Fireplaces 0
Heating Forced Air
Cooling None
Floors Vinyl Plank
Exterior Features
Style 10+ Units
Is New Construction Yes
Exterior Wood Products
Foundation Slab
Roof Flat
Septic or Sewer Sewer Connected
Covered Spaces 0
Water SPU
Electric Seattle City Light
Power Production Type Electric
Parking Spaces 0
Lot Size in Acres 0.1102
Lot Size in Sq. Ft. 4,800
Building Total Area 10855 Square Feet
Has Waterfront No
Has View Yes
View Description City
School
High School District Seattle
Additional Information
Possession Closing
Property Type Residential Income
Property Subtype Multi Family
Structure Type Multi Family
Year Built 2015
Status Active
Tax Year 2026
Tax Amount $34,987
Lot Acres Source KCPV
NWMLS

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INTERESTED IN

1811 20th Avenue, Seattle, WA 98122

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