Newly remodeled 4-plex features major upgrades including a new roof, updated electrical and plumbing systems, and in-unit washer and dryer in each unit. 3 units have been tastefully renovated, while 1 unit remains in its original condition. Over $350,000 in recent upgrades ensure a low-maintenance investment, while the property brings in strong rental income at ~ $9,500/month with ~7.8% cap rate. Zoned LR2(M) on a large lot, ideal for future development. Blocks from the Seattle Public Library, Rainier Beach, light rail, grocery stores, and restaurants. Seller is offering a year home warranty.
Active
Listed by:
Lindsey Mai,
Skyline Properties, Inc.
$1,195,000
8322 Wabash Avenue S, Seattle, WA 98118
9beds
4baths
3,740sqft
Est.:
Quadruplex
Built in 1958
-- sqft lot
$1,153,200 Zestimate®
$320/sqft
$-- HOA
What's special
Original condition
- 38 days
- on Zillow |
- 542 |
- 34 |
Zillow last checked: 7 hours ago
Listing updated: 8 hours ago
Listed by:
Lindsey Mai,
Skyline Properties, Inc.
Source: NWMLS,MLS#: 2373665

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 4
Heating
- Baseboard, Electric
Cooling
- None
Features
- Flooring: Ceramic Tile, Laminate
- Has fireplace: No
Interior area
- Total structure area: 3,740
- Total interior livable area: 3,740 sqft
Property
Parking
- Total spaces: 4
Features
- Patio & porch: Ceramic Tile, Laminate
Lot
- Size: 5,998.21 Square Feet
- Features: Curbs, Paved, Sidewalk
Details
- Parcel number: 3336000320
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Brick, Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1958
- Major remodel year: 2025
Utilities & green energy
- Electric: Company: SPU
- Sewer: Sewer Connected, Company: SPU
- Water: Public, Company: Public
Community & HOA
Community
- Subdivision: Seattle
Location
- Region: Seattle
Financial & listing details
- Price per square foot: $320/sqft
- Tax assessed value: $862,000
- Annual tax amount: $8,323
- Date on market: 5/2/2025
- Listing terms: Cash Out,Conventional,FHA,Owner Will Carry,VA Loan
- Cumulative days on market: 45 days
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