711 21st Avenue

Seattle, WA 98122

  • Bed

  • Bath

  • 6036 SqFt

  • 47 DOM

  • Built: 1900

  • Status: Active

$2,295,000

X

711 21st Avenue

Seattle 98122

$2295000

  • Bed

  • Bath

  • 6036 SqFt

  • 47 DOM

  • Built: 1900

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

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.

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Residence Information

  • 6036

  • Torch Down

  • 55 - 5-9 Units

  • 1900

  • Coin Op Laundry

Features and Utilities

  • Wood

  • Sewer Connected

  • 0

Financial

  • 19368

  • Cash Out, Conventional

  • 08-06-2025

Comparable Information

  • 47

  • 47

  • Cash Out, Conventional

  • $2,295,000

  • $2,295,000

  • Aug 06, 2025 18:21

Schools

Map

Listing courtesy of Westlake Associates, Inc..

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2025 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Sep 22, 2025 00:37 | Listing last modified Aug 06, 2025 18:21. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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