2258 14TH AVE W SEATTLE WA 98119
W Queen Anne Fourplex For Sale
Marketing description
It’s the first time on the market in 33 years, and it shows. This turnkey West Queen Anne fourplex has been quietly held under single ownership for over three decades and is ready for a new investor to step in and collect. Four one-bedroom units, hardwood floors throughout, dishwashers in every unit, and Unit 4 comes with its own in-unit washer and dryer. Large basement storage accessible to all tenants. Off-street parking and a fenced backyard round it out. Live in one and rent the rest, this is a classic owner-occupy setup in one of Seattle's strongest residential neighborhoods. Queen Anne continues to command premium rents, attract long-term tenants, and hold its value through every market cycle. Current rents are below market with a clear upside path to $6,980/month. Zoned LR3(M) with long-term redevelopment optionality and potential to convert existing space into additional units, a value-add angle that is increasingly rare to find in this submarket.
Steps from Metro Route 2, the RapidRide D Line, Seattle Center, Climate Pledge Arena, Kerry Park, and some of the best dining and retail in the city. Median household income within one mile exceeds $151,000. Strong bones, great location, proven demand.
Priced at $262,500 per unit — bring your buyers.
Investment highlights
• Approximately 2,800 net rentable square feet
• Four one-bedroom, one-bathroom units
• First time on the market in 33 years
• 4,013 SF lot zoned LR3 (M)
• Long-term redevelopment optionality under LR3 (M)
• Hardwood and LVP flooring in two units
• Dishwashers in every unit
• In-unit washer and dryer in Unit 4
• Shared washer and dryer in the basement
• Private balcony for the upper unit
• Fenced backyard with shared outdoor space
• Off-street parking on site
• Additional tenant storage units available
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