4207 S Bateman ST, Seattle, WA 98118
4207 S Bateman ST, Seattle, WA 98118
4207 S Bateman ST, Seattle, WA 98118
4207 S Bateman ST, Seattle, WA 98118
4207 S Bateman ST, Seattle, WA 98118
4207 S Bateman ST, Seattle, WA 98118
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Christine Andreasen

Christine Andreasen

+1(206) 353-8787
Listed by:eXp Realty • Velia Sierra
$ 860,000
Est. payment | /mo

5 Beds

4 Baths

2,740 SqFt

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$ 860,000
Est. payment | /mo
Save Virtual Tour

5 Beds

4 Baths

2,740 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,740 sqft

Price per Sqft $313

Subdivision Brighton

MLS Listing ID 2521049

Style 53 - Tri-plex

Bedrooms 5

Year Built 1952

Annual Tax Amount $8,842

Lot Size 5,250 Sqft

Lot Dimensions 5250

Property Sub-Type Multi Family

Property Description

**NEW PRICE + SELLER INCENTIVE!** Seller is offering up to $10,000 toward buyer closing costs with an acceptable offer. Fully occupied Seattle triplex offering immediate income and long-term investment potential in the Rainier Valley corridor. Current gross scheduled income of $72,600/year with an underwritten NOI of approximately $46,168. Two 1BR/1BA units plus a spacious 3BR/2BA provide diversified rental income, with potential for future growth as leases and applicable regulations allow. SIX off-alley parking spaces offer a rare and valuable amenity. Each unit includes range/oven, refrigerator, dishwasher, washer/dryer, and AC. Documented multi-year maintenance history reflects consistent property care. Conveniently located between Hillman City and Brighton with access to Rainier Ave S, I-5, I-90, light rail, transit, parks, neighborhood amenities, and major employment centers. An attractive opportunity for investors or 1031 exchange buyers seeking an occupied Seattle multifamily asset with income from day one and future optimization potential. Financials, rent roll, and maintenance records available for buyer review. Buyer to verify all financial information and comply with existing leases and applicable landlord-tenant requirements.

Location

State WA

County King

Area 380 - Southeast Seattle

Interior

Flooring Ceramic Tile, Hardwood

Fireplace false

Exterior

Exterior Feature Brick, Wood Products

Amenities Available Cable TV, Fenced-Partially, Gas Available, Outbuildings, Patio, RV Parking

View Y/N Yes

View Territorial

Roof Type Composition

Building

Lot Description Alley, Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools M L King Elem

Middle Schools Aki Kurose

High Schools Cleveland High

School District Seattle

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.virtuance.com/listing/4207-s-bateman-st-seattle-washington-2

Northwest MLS (NWMLS)
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Christine Andreasen

CEO | License ID: 89537

+1(206) 353-8787 | christine.andreasen@exprealty.com

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4207 S Bateman ST