$725,000

5 Beds 4 Baths 2,480 SQFT 0.11 Acres
Type: Multi-Family

1053 S Southern Street
Seattle, WA 98108

MLS#: 2497011
Presented by: RE/MAX Extra Inc. and NWMLS

Property Description

 

South Park income-producing property featuring a beautifully updated Northwest Contemporary home with a basement apartment and detached DADU, offering excellent potential for rental income. The main home showcases vaulted ceilings with exposed beams, warm wood flooring, and abundant natural light. The chef’s kitchen is designed for both style and function with quartz countertops, stainless appliances, farmhouse sink, live-edge shelving, pantry, breakfast bar, and a huge quartz center island, along with skylights that create a bright, inviting space perfect for entertaining. Flexible living includes a main floor bedroom or office, full bath, and main-level laundry. Upstairs you’ll find a spacious primary suite with a walk-in closet and relaxing bathroom with jetted tub. The property also features two income-producing units: a lower-level apartment with kitchen, living room, den, private laundry and bath, plus a detached industrial-style DADU with loft, kitchen, bath and private laundry. Outdoor spaces include a walkout deck, private patio, and thoughtfully designed garden seating areas, along with RV parking, carport, and parking for up to five vehicles. Located in a central South Park location, this rare opportunity is ideal for investors or buyers seeking rental income to offset their mortgage.


 

Interior Features

Bedrooms

Bedrooms Upper0

Bathrooms

Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringCeramic Tile, Concrete, Hardwood, Vinyl Plank
Heating Y/NYes
Power Production TypeElectric, Natural Gas
Total Fireplaces0
Total Stories2

General

Building Area Units0 sqft
Cap Rate6.2
Carport Spaces0
Carport Y/NNo
CitySeattle
CoolingNone
CountyKing
DirectionsI-5 South- take exit 162 for Corson Av S-left onto E Marginal Way S - Rt onto 16th Av S - Right onto S Southern St- home on right.
Electric Expense0
Elementary SchoolBuyer To Verify
Fuel Expense0
Garage Spaces0
HOANo
HOA Fee$0
HeatingStove/Free Standing, Wall Furnace
High SchoolBuyer To Verify
High School DistrictSeattle
Insurance Expense2400
Leasable Area2,480 sqft
Listing TermsCash, Conventional, FHA, VA Loan
Living Area0 sqft
Lot Size Square Feet4,800 sqft
Lot Size UnitsSquare Feet
MLS Area140 - West Seattle
Middle/Junior High SchoolBuyer To Verify
NWM_ShowMapLinkY
Net Operating Income53423
New ConstructionNo
Number Of Units Total3
PossessionClosing
Property ConditionVery Good
Property Style53 - Tri-plex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksSouth Park income-producing property featuring a beautifully updated Northwest Contemporary home with a basement apartment and detached DADU, offering excellent potential for rental income. The main h
RoofMetal
Security FeaturesFully Fenced
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsShort Sale
Standard StatusActive
StatusActive
Structure TypeTriplex
Subdivision NameSouth Park
Tax Annual Amount$7,574
Tax Year2026
Units Below Gradetrue
Units In Building Total3
ViewTerritorial
Virtual TourClick here
Water CompanySeattle Public Utilities
Water Sewer Garbage2880
Year Built1917

Exterior

Building Area Total2,480 sqft
Covered Spaces1
Exterior AmenitiesWood, Wood Products
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot FeaturesPaved
Lot Size Acres0.1102
Parking FeaturesRV Parking
Parking Uncovered Total4
Site FeaturesCabana/Gazebo, Cable TV, Deck, Fenced-Fully, Gas Available, High Speed Internet, Outbuildings, RV Parking
Total Parking5
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School Buyer To Verify High School
Middle School Buyer To Verify Middle School
Elementary School Buyer To Verify Elementary School

  

Similar Properties

$725,000

5 Beds 4 Baths 2,480 SQFT 0.11 Acres
Type: Multi-Family

1053 S Southern Street
Seattle, WA 98108

MLS#: 2497011