Listing provided courtesy of Paragon Real Estate AdvisorsNWMLSas Distributed by MLSGrid- MLS# NWM2536854
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Request Info2600 2634 Thorndyke Avenue WSeattle, WA 98199
Multi-Family · 44 Beds · 25,724 Sq. ft. | 1.11 Acres$8,325,000
Active
2600 2634 Thorndyke Avenue W Overview
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Opportunities are Abundant! The Magnolia Portfolio offers a new investor the ability to acquire a 5 building assemblage suitable for a value add opportunity located in a core Seattle area. The current arrangement offers 41 residential units plus 2 commercial spaces and a single family house. All together the assemblage represents 48,462 square feet of LR3 (M) zoned dirt. The property is suitable for immediate development as multiple asset types depending on need allowing a new owner to operate the assets as is while navigating the permit process to maintain cash flow.
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2600 2634 Thorndyke Avenue W Facts & Features
- Type Multi-Family
- Sq. ft. 25,724
- Price/Sq.ft. $324
- Lot 1.11 Acres
Details
General
Association/HOA
- Association Fee: $0.00
School Information
- School District: Seattle
Income/Expenses
- Other Expense: 139595
- Electric Expense: 0
- Fuel Expense: 0
- Gross Scheduled Income: 830775
- Insurance Expense: 38250
- Net Operating Income: 450187
- Total Expenses: 339049
- Total Monthly Income: 69231
- Water/Sewer/Garbage: 73462
Building Information
- New Construction: No
- Year Built: 1947
Location/Region
- Country: US
- County Or Parish: King
- MLS Area Major: 700 - Queen Anne/Magnolia
- Subdivision Name: Magnolia
Tax Information
- Tax Annual Amount: $87,742.00
- Tax Year: 2025
General Information
- Listing Terms: Cash, Conventional
- Parcel Number: 2771104250
- Property Sub Type: Multi Family
- Property Type: Residential Income
- Senior Community: No
- Special Listing Conditions: None
Interior
Parking Information
- Garage Spaces: 1
Beds/Baths
- Bedrooms Upper: 0
Building Interior
- Building Area Total: 25724
- Building Area Units: Square Feet
- Calculated Square Footage: 25724
- Square Footage Finished: 0
- Square Footage Unfinished: 0
General Information
- Cooling: No
- Fireplace: No
- Fireplaces Total: 0
- Flooring: Vinyl, Carpet
- Foundation Details: Poured Concrete
- Heating: Yes
- Leasable Area: 23348
- Living Area: 0
- Main Level Bathrooms: 0
- Power Production Type: Electric
- Stories Total: 4
Exterior
Parking Information
- Open Parking: No
- Parking Total: 3
- Parking Uncovered Total: 0
Lot Information
- Irrigation Water Rights: No
- Lot Size Acres: 1.1125
- Lot Size Square Feet: 48462
- Lot Size Units: Square Feet
- Elevation Units: Feet
Waterfront/View
- View: No
- Waterfront: No
Building Exterior/Construction
- Roof: Flat
- Structure Type: Multi Family
General Information
- Carport Spaces: 2
- Carport: No
- Covered Spaces: 3
- Exterior Features: Cement/Concrete, Wood Products
- Number Of Units Total: 43
- Sewer: Sewer Connected
Unit Information
Unit 1 Details
- Beds Total: 0
- Baths Total: 1
Unit 2 Details
- Beds Total: 0
- Baths Total: 1
Unit 3 Details
- Beds Total: 0
- Baths Total: 1
Unit 4 Details
- Beds Total: 1
- Baths Total: 1
Unit 5 Details
- Beds Total: 1
- Baths Total: 1
Unit 6 Details
- Beds Total: 1
- Baths Total: 1
Unit 7 Details
- Beds Total: 1
- Baths Total: 1
Unit 8 Details
- Beds Total: 1
- Baths Total: 1
Unit 9 Details
- Beds Total: 1
- Baths Total: 1
Unit 10 Details
- Beds Total: 1
- Baths Total: 1
Unit 11 Details
- Beds Total: 1
- Baths Total: 1
Unit 12 Details
- Beds Total: 1
- Baths Total: 1
Unit 13 Details
- Beds Total: 1
- Baths Total: 1
Unit 14 Details
- Beds Total: 1
- Baths Total: 1
Unit 15 Details
- Beds Total: 1
- Baths Total: 1
Unit 16 Details
- Beds Total: 1
- Baths Total: 1
Unit 17 Details
- Beds Total: 1
- Baths Total: 1
Unit 18 Details
- Beds Total: 1
- Baths Total: 1
Unit 19 Details
- Beds Total: 1
- Baths Total: 1
Unit 20 Details
- Beds Total: 1
- Baths Total: 1
Unit 21 Details
- Beds Total: 1
- Baths Total: 1
Unit 22 Details
- Beds Total: 1
- Baths Total: 1
Unit 23 Details
- Beds Total: 1
- Baths Total: 1
Unit 24 Details
- Beds Total: 1
- Baths Total: 1
Unit 25 Details
- Beds Total: 1
- Baths Total: 1
Unit 26 Details
- Beds Total: 1
- Baths Total: 1
Unit 27 Details
- Beds Total: 1
- Baths Total: 1
Unit 28 Details
- Beds Total: 1
- Baths Total: 1
Unit 29 Details
- Beds Total: 1
- Baths Total: 1
Unit 30 Details
- Beds Total: 1
- Baths Total: 1
Unit 31 Details
- Beds Total: 1
- Baths Total: 1
Unit 32 Details
- Beds Total: 1
- Baths Total: 1
Unit 33 Details
- Beds Total: 1
- Baths Total: 1
Unit 34 Details
- Beds Total: 1
- Baths Total: 1
Unit 35 Details
- Beds Total: 1
- Baths Total: 1
Unit 36 Details
- Beds Total: 2
- Baths Total: 1
Unit 37 Details
- Beds Total: 2
- Baths Total: 1
Unit 38 Details
- Beds Total: 2
- Baths Total: 1
Unit 39 Details
- Beds Total: 2
- Baths Total: 1
Unit 40 Details
- Beds Total: 2
- Baths Total: 1
Unit 41 Details
- Beds Total: 2
- Baths Total: 1
2600 2634 Thorndyke Avenue W Neighborhood
Community
98199 (SEATTLE) Demographics
39
Median Age
4,121
Population Density (per sq. mile)
80%
College Educated
$134,709
Estimated Median Income
6,249
Estimated Total Home Owners
4,047
Estimated Total Renters
61% / 39%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
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.2600 2634 Thorndyke Avenue W Monthly Cost
2600 2634 Thorndyke Avenue W Market Data
Based on the last 30 days in this zip code
$1,342,947
Average List Price
$623
Average Price per Square Foot
24
Properties Sold
48
Average Days on Market
117
Properties for Sale
2600 2634 Thorndyke Avenue W History
| Date | Value | Agent |
|---|---|---|
| 6/8/2026Source: NWMLS | June 08, 2026 |