Sold
Listed by:
Gabe Blake,
Blake Investment Advisors,
Joshua Blake,
Blake Investment Advisors
Bought with: Windermere Real Estate Central
$1,940,000
8523 23rd Avenue NE, Seattle, WA 98115
--beds
--baths
--sqft
Quadruplex
Built in 1970
-- sqft lot
$1,544,300 Zestimate®
$--/sqft
$3,032 Estimated rent
Home value
$1,544,300
$1.36M - $1.75M
$3,032/mo
Zestimate® history
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Owner options
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What's special
SELLER FINANCING with POSITIVE LEVERAGE ~ Investors can acquire a well-maintained asset with improvements that combine to create a turnkey investment and durable income stream via attractive purchasing terms offered by the seller. Terms include a 25% down payment, a 4.5% rate with interest-only payments, and a 7-year term. Improvements like ductless mini-split heat pumps, which are significantly more efficient and provide heat and air conditioning to the units. A new 25-year roof was placed in service 5 years ago, new water heaters, and a hot water circulation pump create ready-to-use hot water on-demand saving time and money. Opportunity exists to institute utility bill back and install washers and dryers in the units to increase rents.
Zillow last checked: 8 hours ago
Listing updated: September 05, 2024 at 05:48am
Listed by:
Gabe Blake,
Blake Investment Advisors,
Joshua Blake,
Blake Investment Advisors
Bought with:
Rolan Eleazar, 128923
Windermere Real Estate Central
Source: NWMLS,MLS#: 2197876
Facts & features
Interior
Heating
- Has Heating (Unspecified Type)
Cooling
- Has cooling: Yes
Features
- Flooring: Vinyl Plank
- Windows: Thermal Windows
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Total spaces: 7
- Parking features: Open
- Uncovered spaces: 7
Lot
- Size: 6,259 sqft
Details
- Parcel number: 5101400472
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Wood Products
- Roof: Composition
Condition
- Very Good
- Year built: 1970
Utilities & green energy
- Sewer: Sewer Connected
Green energy
- Energy efficient items: Thermal Windows
Community & neighborhood
Location
- Region: Seattle
- Subdivision: Wedgwood
Other
Other facts
- Listing terms: Owner Will Carry
- Cumulative days on market: 630 days
Price history
| Date | Event | Price |
|---|---|---|
| 4/1/2024 | Sold | $1,940,000-3% |
Source: | ||
| 3/2/2024 | Pending sale | $2,000,000 |
Source: | ||
| 2/7/2024 | Listed for sale | $2,000,000-9.1% |
Source: | ||
| 4/18/2023 | Listing removed | -- |
Source: FSBO-Online.com | ||
| 1/18/2023 | Listed for sale | $2,200,000+12.8% |
Source: FSBO-Online.com | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,809 -8.4% | $940,000 -11.8% |
| 2023 | $10,713 +11% | $1,065,200 |
| 2022 | $9,655 -6.8% | $1,065,200 |
Find assessor info on the county website
Neighborhood: Wedgwood
Nearby schools
GreatSchools rating
- 9/10Wedgwood Elementary SchoolGrades: K-5Distance: 0.3 mi
- 8/10Eckstein Middle SchoolGrades: 6-8Distance: 0.8 mi
- 6/10Nathan Hale High SchoolGrades: 9-12Distance: 1.2 mi

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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$1,544,300
2% more+ $30,886
With Zillow Showcase(estimated)
$1,575,186


