2515 Belvidere Avenue SW, Seattle, WA 98126 | MLS #NWM2326656 | Berkshire Hathaway HomeServices Northwest Real Estate
Login | Sign Up
Northwest Knowledge 1-866-429-1057
 

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Reload
 
Listing provided courtesy of Berkshire Hathaway HS NWNWMLSas Distributed by MLSGrid- MLS# NWM2326656MLS Provider

2515 Belvidere Avenue SWSeattle, WA 98126

Multi-Family · 13 Beds · 8,705 Sq. ft. | 0.42 Acres
$4,600,000 Active

2515 Belvidere Avenue SW Overview

Visits:
611

ONCE IN A LIFETIME INVESTMENT OPPORTUNITY: Welcome to North Admiral, one of West Settle's premier locations and home to The Sasonoff 13 Unit Apartment Complex. A combination of four duplexes and a five unit Apartment building on 9 platted lots. Great numbers with an actual annual GSI of $276,660.00. With $63,860 in annual Expenses (23%), this is a true performing 4.63% Capitalization Rate. Family owned and well managed for over 40 years. Each of the three Duplex's offers decks. There is a one car detached garage owner uses for storage/tools (additional income?) and coin op laundry facilities. 18,362 Sq. feet of NR3 Zoned property. Please call helpful listing agent for access details, showings and financials.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

2515 Belvidere Avenue SW Facts & Features

  • Type Multi-Family
  • Sq. ft. 8,705
  • Price/Sq.ft. $528
  • Lot 0.42 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Seattle
  • Elementary School: Lafayette
  • Middle Or Junior School: Madison Mid
  • High School: West Seattle High

Income/Expenses

  • Other Expense: 5507
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Scheduled Income: 276660
  • Insurance Expense: 11175
  • Net Operating Income: 212800
  • Total Expenses: 63860
  • Total Monthly Income: 23055
  • Water/Sewer/Garbage: 14816

Building Information

  • Building Name: WSL&I Cos Replat
  • New Construction: No
  • Year Built: 1937

Location/Region

  • Country: US
  • County Or Parish: King
  • MLS Area Major: 140 - West Seattle
  • Subdivision Name: North Admiral

Community/Development

  • Amenities: Coin Op Laundry

Tax Information

  • Tax Annual Amount: $32,362.00
  • Tax Year: 2024

General Information

  • Listing Terms: Cash Out
  • Parcel Number: 927570785003
  • Possible Use: Multi-Family
  • Property Condition: Very Good
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 8705
  • Building Area Units: Square Feet
  • Calculated Square Footage: 8705
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Hardwood, Vinyl, Carpet
  • Foundation Details: Poured Concrete
  • Heating: Yes
  • Leasable Area: 8705
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric,Natural Gas
  • Stories Total: 2

Exterior

Parking Information

  • Open Parking Spaces: 15
  • Open Parking: Yes
  • Parking Total: 16
  • Parking Uncovered Spaces: 15

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Alley, Corner Lot, Curbs, Paved, Sidewalk
  • Lot Size Acres: 0.4215
  • Lot Size Dimensions: 85 x 224
  • Lot Size Square Feet: 18362
  • Lot Size Units: Square Feet
  • Site Features: Cable TV
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Roof: Composition
  • Structure Type: Multi Family

General Information

  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: 1
  • Exterior Features: Brick, Wood
  • Number Of Units Total: 13
  • Sewer: Sewer Connected

Unit Information

Unit 8 Details

  • Actual Rent: 1550
  • Beds Total: 1
  • Baths Total: 1

Unit 11 Details

  • Actual Rent: 1595
  • Beds Total: 1
  • Baths Total: 2

Unit 6 Details

  • Actual Rent: 1650
  • Beds Total: 1
  • Baths Total: 1

Unit 1 Details

  • Actual Rent: 1650
  • Beds Total: 1
  • Baths Total: 1

Unit 4 Details

  • Actual Rent: 1650
  • Beds Total: 1
  • Baths Total: 1

Unit 10 Details

  • Actual Rent: 1695
  • Beds Total: 1
  • Baths Total: 1

Unit 5 Details

  • Actual Rent: 1700
  • Beds Total: 1
  • Baths Total: 1

Unit 13 Details

  • Actual Rent: 1800
  • Beds Total: 1
  • Baths Total: 1

Unit 12 Details

  • Actual Rent: 1850
  • Beds Total: 1
  • Baths Total: 1

Unit 3 Details

  • Actual Rent: 1925
  • Beds Total: 1
  • Baths Total: 1

Unit 7 Details

  • Actual Rent: 1995
  • Beds Total: 1
  • Baths Total: 1

Unit 9 Details

  • Actual Rent: 1995
  • Beds Total: 1
  • Baths Total: 1

Unit 2 Details

  • Actual Rent: 2000
  • Beds Total: 1
  • Baths Total: 1

2515 Belvidere Avenue SW Neighborhood

Community

98126 (Seattle) Demographics

40
Median Age
6,032
Population Density (per sq. mile)
65%
College Educated
$84,934
Estimated Median Income
6,035
Estimated Total Home Owners
4,402
Estimated Total Renters
58% / 42%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2515 Belvidere Avenue SW Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2515 Belvidere Avenue SW Market Data

Based on the last 30 days in this zip code

$811,929
Average List Price
$495
Average Price per Square Foot
26
Properties Sold
45
Average Days on Market
106
Properties for Sale
Calculations provided by Reliance Network

2515 Belvidere Avenue SW History

Date Event Value Agent
2/4/2025Source: NWMLS Added to Database
February 04, 2025
Craig Roberts
Listing Agent