Seattle, WA 98189,12672 60th AVE S
Listed by Northmarq Multifamily, LLC
Bought with ZNonMember-Office-MLS
$4,550,000
Est. payment /mo
$4,700,000
3.2%
Est.Price: ?

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40,033 SqFt
SOLD DATE : 09/10/2025

Key Details

Sold Price $4,550,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 40,033 sqft

Price per Sqft $113

Subdivision Seattle

MLS Listing ID 2373220

Style 56 - 10+ Units

Year Built 2018

Annual Tax Amount $44,485

Lot Size 0.919 Acres

Property Sub-Type Multi Family

Property Description

We are pleased to present Rainier View Homes, an 11-home multifamily community. Built in 2018, this unique investment opportunity features a collection of well-maintained 2 & 3 bedroom cottages, averaging 1,314 SF. Each home offers high-quality finishes including engineered wood flooring, quartz CT and stainless-steel appliances, W/D, A/C, ample storage, tall vaulted ceilings, large windows, and spacious patios. Positioned on individual parcels, each home can be sold separately, providing investors with exit flexibility and condo resale potential. Similar homes in the area have sold individually for approximately $625,000 or $425/SF, presenting a clear value gap and upside. Offered at $455,000/home & $346/SF.

Location

State WA

County King

Area 360 - Skyway Area

Interior

Flooring Vinyl Plank

Exterior

Exterior Feature Wood

Amenities Available Fenced-Partially, Patio, Sprinkler System

View Y/N No

Roof Type Built-Up

Building

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Seattle

Others

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

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Northwest MLS (NWMLS)

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Josh Barnard

Josh Barnard

+1(253) 677-5765

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