Truly a one-of-kind investment/development property in highly sought after W. Seattle area. This rare 6-unit turnkey investment has water views & gorgeous sunsets along w/strong cash flow. Located in West Seattle’s Gatewood area, the Seaview Terrace Apts a perfect mix of studios/1-bed/2-bed/3-bed units. Each w/own flr plan. 4 units have been renovated w/updated baths, kitchen, stainless app & new floors. W/D in all units except for small non-conforming studio. Very strong occupancy in a high demand rental mkt w/ room to increase rents to market. Exceptional development opportunity to develop 5-townhomes on the parcel, 3-bed twnhm w/garages, while maintaining income from existing 6-units. Near transit, eateries, shopping and much more.
Listing Provided Courtesy of Jamie Langsford, Venture Real Estate Group LLC
General Information
NWM2346672
Multi Family
111
DOM
0.28 acres
4490
1901
Residen
King
Residential Incom
Multi Family
Listing Provided Courtesy of Jamie Langsford, Venture Real Estate Group LLC
Krishna Realty data last checked: Jul 15, 2025 06:04 | Listing last modified Jul 09, 2025 19:24,
Source:
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Residence Information
4490
Composition
55 - 5-9 Units
1901
Poured Concrete
Features and Utilities
Wood
Public
Sewer Connected
0
Financial
18135.33
Cash Out
03-20-2025
Comparable Information
111
111
Cash Out
$2,900,000
$2,900,000
Jul 09, 2025 19:24
Schools
Map
Listing courtesy of Venture Real Estate Group LLC.
Truly a one-of-kind investment/development property in highly sought after W. Seattle area. This rare 6-unit turnkey investment has water views & gorgeous sunsets along w/strong cash flow. Located in West Seattle’s Gatewood area, the Seaview Terrace Apts a perfect mix of studios/1-bed/2-bed/3-bed units. Each w/own flr plan. 4 units have been renovated w/updated baths, kitchen, stainless app & new floors. W/D in all units except for small non-conforming studio. Very strong occupancy in a high demand rental mkt w/ room to increase rents to market. Exceptional development opportunity to develop 5-townhomes on the parcel, 3-bed twnhm w/garages, while maintaining income from existing 6-units. Near transit, eateries, shopping and much more.
