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About the Listing 7019 - 123916
Rare Central District 6-Unit w/ Upside + LR2 Rezone Potential Exciting opportunity to own a well-located 6-unit in one of Seattle’s most dynamic neighborhoods. Sits on a 7,200 SF lot with proposed LR2 zoning, offering solid in-place income plus redevelopment potential. Mix of 2-, 3-, and rare 4-bedroom layouts. Major 2018 updates include rebuilt units, PEX plumbing, new electrical panels, vinyl siding/windows, and torchdown roof. Boost income with cosmetic upgrades, RUBS, and parking fees, pro forma cap rate of 8.1%+. Shared outdoor patio and surface parking add tenant appeal. Blocks to future light rail, Seattle U, and Swedish Cherry Hill. Professionally managed and maintained, a rare blend of income, location, and future flexibility.
Listing Highlights
Interior Details
- Bedrooms: 18
- Bathrooms: 8 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor: Ceramic Tile,Vinyl Plank,Carpet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: Alley,Curbs,Paved,Sidewalk,Fenced-Partially
- Garage Capacity: N/A
- Parking Spaces: 6
- Roof: Torch Down
- Others: Wood
- Sewer: Sewer Connected
Financial Details
- Tax Amount: $19,368
- Taxes w/Assessments: N/A
- Tax/Property ID: 912610265
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
711 21st Ave Seattle, WA 98122
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