7023 16th Avenue SW

Seattle, WA 98106

  • Bed

  • Bath

  • 3300 SqFt

  • 214 DOM

  • Built: 2013

  • Status: Active

$1,250,000

X

7023 16th Avenue SW

Seattle 98106

$1250000

  • Bed

  • Bath

  • 3300 SqFt

  • 214 DOM

  • Built: 2013

  • Status: Active

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Krishna Regupathy

Principal Broker

(503) 893-8874

ATTENTION INVESTORS: CASH FLOW, LOCATION, AND FLEXIBILITY Blocks from South Seattle College, this income-producing property is perfectly set up for rental housing, co-living, or shared-living rentals. Main home features 8 private bedrooms, each with private bath, including one suite with a kitchenette for premium rent potential. Separate-entrance 1 bed/1 bath ADU adds more options ideal for owner-occupancy, additional rental income, or on-site management. This property is built to perform from day one. Use it as the ultimate house hack live in the ADU and let eight income streams pay the mortgage or operate it as a fully passive investment. With strong, predictable room-by-room income and high demand from the nearby college community, it’s an excellent candidate for DSCR financing, allowing investors to qualify based on the property’s income rather than personal income. Current rents already prove the model: 2 of the 9 rooms are occupied at $1,250/month each, while the kitchenette suite and ADU are vacant and ready to maximize returns. With professional property management available and an estimated 9.8% cap rate, this is a turnkey, scalable investment with immediate upside. Whether you’re growing a portfolio or starting your first investment, this property offers multiple strategies rental housing, workforce housing, flat-share living, or long-term rentals all in a high-demand Seattle location. Opportunities this versatile and finance-friendly don’t come along often.

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Residence Information

  • 3300

  • Composition

  • 1,

  • 52 - Duplex

  • 2013

  • Poured Concrete

Features and Utilities

  • Wood Products

  • Public

  • Sewer Connected

  • 0

Financial

  • 9390

  • Cash Out, Conventional, FHA, Rehab Loan, State Bond, VA Loan

  • 06-20-2025

Comparable Information

  • 214

  • 214

  • Cash Out, Conventional, FHA, Rehab Loan, State Bond, VA Loan

  • $1,250,000

  • $1,250,000

  • Jan 20, 2026 18:33

Schools

Elementary : Sanislo N/A Ratings
Middle : Madison Mid N/A Ratings
High : West Seattle Hi N/A Ratings

Map

Listing courtesy of eXp Realty.

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Krishna Realty data last checked: Feb 22, 2026 05:54 | Listing last modified Jan 20, 2026 18:33. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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