$498,700

3 Beds 2 Baths 1,410 SQFT 0.03 Acres
Type: Multi-Family

3823 Delridge Way SW
Seattle, WA 98106

MLS#: 2544828
Presented by: Marketplace Sotheby's Intl Rty and NWMLS

Property Description

 

Discover an excellent investment opportunity in the heart of West Seattle. This income-producing duplex is ideally positioned in the Delridge neighborhood, offering convenient access to downtown Seattle, neighborhood parks, shopping, restaurants, and major commuter routes. The upper residence features 2 bedrooms and 1 full bathroom, while the lower residence includes 1 bedroom and a ¾ bath, providing flexible rental options. Separate gas and electric meters allow tenants to pay their own utilities. The future light rail expansion is expected to further enhance the area's appeal and long-term value. Property is located at the corner of Delridge Way SW and 23rd Ave SW (GPS directions may incorrectly place you across the street). Please do not disturb the occupants. Interior showings will be available only after an accepted offer. No sign at property.


 

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
FlooringVinyl, Carpet
Heating Y/NYes
Power Production TypeElectric, Natural Gas
Total Fireplaces0
Total Stories2

General

Building Area Units0 sqft
Cap Rate7.64
Carport Spaces0
Carport Y/NNo
CitySeattle
CoolingNone
CountyKing
DirectionsGPS directions may incorrectly place you across the street. Duplex is located on Delridge and 23rd Ave SW. Park on 23rd Ave SW.
Electric Expense0
Elementary SchoolLafayette
Fuel Expense0
Garage Spaces0
HOANo
HOA Fee$0
HeatingForced Air
High SchoolWest Seattle High
High School DistrictSeattle
Insurance Expense878
Leasable Area1,410 sqft
Listing TermsCash, Conventional, FHA, Rehab Loan, VA Loan
Living Area0 sqft
Lot Size Square Feet1,215 sqft
Lot Size UnitsSquare Feet
MLS Area140 - West Seattle
Middle/Junior High SchoolMadison Mid
NWM_ShowMapLinkY
Net Operating Income31022
New ConstructionNo
Number Of Units Total2
PossessionSubject To Tenant Rights
Possible UseMulti-Family
Property ConditionFair
Property Style52 - Duplex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksDiscover an excellent investment opportunity in the heart of West Seattle. This income-producing duplex is ideally positioned in the Delridge neighborhood, offering convenient access to downtown Seatt
RoofComposition
Security FeaturesFully Fenced
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeDuplex
Subdivision NameDelridge
Tax Annual Amount$5,707
Tax Year2025
Units Below Gradefalse
Units In Building Total2
Virtual TourClick here
Water CompanyCity of Seattle
Water Sewer Garbage2500
Year Built1925
Zoning DescriptionMulti-Family

Exterior

Building Area Total1,410 sqft
Covered Spaces0
Exterior AmenitiesCement Planked
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot Dimensions77 x 69 x 34
Lot FeaturesCorner Lot, Paved, Sidewalk
Lot Size Acres0.0279
Parking Uncovered Total0
Site FeaturesCable TV, Deck, Fenced-Fully, Gas Available, High Speed Internet
Total Parking0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School West Seattle High
Middle School Madison Mid
Elementary School Lafayette Elementary School

  

Similar Properties

$498,700

3 Beds 2 Baths 1,410 SQFT 0.03 Acres
Type: Multi-Family

3823 Delridge Way SW
Seattle, WA 98106

MLS#: 2544828