Truly a one-of-kind investment/development property in highly sought after W. Seattle area. This rare 6-unit turnkey investment has water views & gorgeous sunsets along w/strong cash flow. Located in West Seattle’s Gatewood area, the Seaview Terrace Apts a perfect mix of studios/1-bed/2-bed/3-bed units. Each w/own flr plan. 4 units have been renovated w/updated baths, kitchen, stainless app & new floors. W/D in all units except for small non-conforming studio. Very strong occupancy in a high demand rental mkt w/ room to increase rents to market. Exceptional development opportunity to develop 5-townhomes on the parcel, 3-bed twnhm w/garages, while maintaining income from existing 6-units. Near transit, eateries, shopping and much more.
Active
Listed by:
Jamie Langsford,
Venture Real Estate Group LLC,
Tammie Tom-Freeman,
Venture Real Estate Group LLC
$2,900,000
7013 Seaview Terrace SW, Seattle, WA 98136
8beds
7baths
4,490sqft
Est.:
Multi Family
Built in 1901
-- sqft lot
$2,662,900 Zestimate®
$646/sqft
$-- HOA
What's special
Water viewsGorgeous sunsetsUpdated bathsNew floors
- 76 days
- on Zillow |
- 552 |
- 10 |
Zillow last checked: 7 hours ago
Listing updated: April 10, 2025 at 08:27pm
Listed by:
Jamie Langsford,
Venture Real Estate Group LLC,
Tammie Tom-Freeman,
Venture Real Estate Group LLC
Source: NWMLS,MLS#: 2346672
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 7
Heating
- Baseboard, Electric, Natural Gas
Cooling
- Has cooling: Yes
Features
- Flooring: Vinyl Plank
- Has fireplace: No
Interior area
- Total structure area: 4,490
- Total interior livable area: 4,490 sqft
Property
Parking
- Total spaces: 9
- Parking features: Open
- Uncovered spaces: 9
Features
- Has view: Yes
- View description: Mountain(s), Sound, Territorial
- Has water view: Yes
- Water view: Sound
Lot
- Size: 0.28 Acres
- Features: Corner Lot, Dead End Street, Paved, Secluded, Value In Land, Cable TV, Deck, Patio
Details
- Parcel number: 4315700741
- Zoning description: Residential,See Remarks,Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1901
Utilities & green energy
- Electric: Company: Seattle City Lights
- Sewer: Sewer Connected, Company: City of Seattle
- Water: Public, Company: City of Seattle
Community & HOA
Community
- Subdivision: Lincoln Park
Location
- Region: Seattle
Financial & listing details
- Price per square foot: $646/sqft
- Tax assessed value: $1,726,000
- Annual tax amount: $18,135
- Date on market: 3/20/2025
- Listing terms: Cash Out
- Cumulative days on market: 76 days
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