Investor Alert! Turnkey opportunity with immediate cash flow and future development potential. This fully occupied Duplex, upstairs 2/1 and downstairs 1/1 property generates stable rental income, with both units leased. Situated on NR3-zoned land, the property offers investors the opportunity to collect income while evaluating redevelopment possibilities and maximizing the site's future value. The property underwent updates exterior paint (2025), deck repair (2021) , new sewer line (2022), unit B was remodeled in 2021. Upstairs tenant has been there long term, downstairs has been rented as a furnished apartment to traveling nurses via the Furnished Finders system.
| MLS # | 2551103 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1946 |
| Days On Site | 78 |
| Listing Provided By | Keller Williams Eastside | Genine Wood |
| SQ Feet | 1,800 |
|---|---|
| Story(s) | 2 |
| Units | 2 |
| Zoning | Multi-Family |
| Acreage | 0.15 |
| Property View | Yes |
| Property | 7919 |
|---|
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98199 |
| Area | 700 Queen Anne | Magnolia |
| Community Name | Magnolia |
| School District | Buyer To Verify |
| Elementary School | Buyer To Verify |
| High School | Buyer To Verify |
| Listing VS Median (in Magnolia) | |
Price: $900,000 low | high Med: $939,500 sqft: 1,800 low | high Med: 1,526 $ / sqft: $500 low | high Med: $671 On site: 78 low | high Med: 56.5 | |
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98199 |
| Area | 700 Queen Anne | Magnolia |
| Community Name | Magnolia |
| School District | Buyer To Verify |
| Elementary School | Buyer To Verify |
| High School | Buyer To Verify |
| Listing VS Median (in Magnolia) | |
Price: $900,000 low | high Med: $939,500 sqft: 1,800 low | high Med: 1,526 $ / sqft: $500 low | high Med: $671 On site: 78 low | high Med: 56.5 | |