3422 21st Avenue W

3422 21st Avenue W, Seattle, WA 98199

$1,800,000

Enjoy cashflow & stability while planning future development upside! Current financials of this building are above average for comps but the differentiating quality of this opportunity is found in the extraordinary upside. 6-unit building (five are 2bedrooms) w/ addtl SFH (2bds/1ba) sits on a 7,650 sqft street-to-street lot w/ coveted LR-3 zoning. Three viable upside options: 1) add rental units or build/sell townhomes where SFH currently sits; 2) expand existing units into under-utilized interior space (there are two large interior staircases, one could be repurposed to pick up an entire bedroom on three units); and 3) align rents with market-rate. Loads of off-street parking. Close commute to high-income jobs + Whole Foods & Trader Joe's.

Studio

6,835 Sq.Ft. LIVING AREA

7,650 Sq.Ft. lot

Phil Greely

title Broker
PHONE (206) 465-7215
EMAIL [email protected]
DRE # 101381

Features & Amenities

Interior

total bedrooms0
Flooring Vinyl, Carpet
other interior Features Wall to Wall Carpet

Area & Lot

Status Sold
Date Sold August 23, 2024
Living Area6,835 Sq.Ft.
Total Area6,835 Sq.Ft.
Lot Area7,650 Sq.Ft.
MLS® ID2233647
TypeMulti-Family
YEAR BUILT1968
NeighborhoodMagnolia
View DescriptionTerritorial
Elementary SchoolMagnolia Elementary
Middle SchoolMc Clure Mid
High SchoolBallard High
School DistrictSeattle

Exterior

STORIES3
water SourcePublic
roofSee Remarks
HEAT TYPEWall Unit(s)
AIR CONDITIONINGNone
sewerSewer Connected
SubstructurePoured Concrete
other exterior FeaturesMetal/Vinyl

Financial

Sales Price$1,800,000
Real Estate Tax $18,621/yr

Agent Name

At The Agency Seattle, “Quality Over Quantity” isn’t just our motto—it’s how we roll. We handpick exceptional agents who are total pros, fierce advocates, and trusted advisors. From cozy homes to swanky estates and everything in between, we blend local expertise with the prestige of a global brand. Here, luxury isn’t about the price tag—it’s about the experience. Expect white-glove service, unmatched market savvy, and results driven by excellence. When you choose The Agency Seattle, you’re choosing integrity, expertise, and a personalized approach to turn your real estate dreams into reality (with a little fun along the way).

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3422 21st Avenue W

$1,800,000

Phil Greely

Features & Amenities

Interior

Area & Lot

Exterior

Financial

Agent Name

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Contact Details

Allison McGill

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