About 711 21st Avenue
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 6.7%+. 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.
Features of 711 21st Avenue
| MLS® # | 2417426 |
|---|---|
| Price | $2,195,000 |
| Price Per SqFt | $364 |
| Bathrooms | 0.00 |
| Square Footage | 6,036 |
| Acres | 0.17 |
| Year Built | 1900 |
| Type | Income |
| Sub-Type | Multi-Family |
| Status | Active |
Community Information
| Address | 711 21st Avenue |
|---|---|
| Area | 390 - Central Seattle |
| Subdivision | Central Area |
| City | Seattle |
| County | King |
| State | WA |
| Zip Code | 98122 |
Amenities
| Parking Spaces | 6 |
|---|---|
| Is Waterfront | No |
Interior
| Fireplace | No |
|---|---|
| # of Stories | 3 |
Exterior
| Exterior Features | Wood |
|---|---|
| Lot Description | Alley, Curbs, Paved, Sidewalk |
School Information
| District | Seattle |
|---|
Additional Information
| Days on Market | 80 |
|---|---|
| Cumulative Days on Market | 80 |
| Days on Website | 81 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Westlake Associates, Inc. |
|---|