4315 SW Oregon Street

Seattle, Washington WA98116

The Oregonian offers an investor the opportunity to own two classic wood frame brick charmers in the best rental location in West Seattle. As Seattle neighborhoods become the new downtown, this trophy location can’t be beat. The Oregonian has one of the most popular 1927 styles that renters love with natural woodwork, hardwood floors, coved ceilings and all units are large spacious corner units. This apartment is located in West Seattle’s Premier shopping and entertainment district with over 150 businesses and services with a 95 Walk Score – A Walker’s Paradise.

About This Property

Listing ID2013987
SqFt 9,180
Acres 0.134
SubdivisionWest Seattle
Year Built1927
Property TypeResidential Income
Property Sub TypeMulti-Family
County King
Property Sub Type Multi-Family
Property Type Residential Income
Subdivision West Seattle
Year Built 1927
Building Area Units Square Feet
Furnished Unfurnished
Heating Cooling Type Forced Air
Interior Features Forced Air
Living Area Units Square Feet
Stories Total 3
Elevation Units Feet
Exterior Features Brick
Lot Size Square Feet 5850
Lot Size Units Square Feet
MLS Lot Size Source King County
Number Of Units Total 12
Roof Flat
Sewer Sewer Connected
Structure Type Multi Family
Style Code 56 - 10+ Units
Units Below Grade false
Units In Building Total 12
Utilities Sewer Connected, Electricity Available
Water Sewer Garbage 14276
Building Area Total 9180
Country US
High School District Seattle
MLS Area Major 140 - West Seattle
Waterfront no
Mls Status Active
Offers Seller intends to review offers upon receipt
Power Production Type Electric
Preliminary Title Ordered no
Cap Rate 4
Gross Adjusted Income 256085
Gross Rent Multiplier 14.36
Gross Scheduled Income 269563
Insurance Expense 4137
Leasable Area 9180
Leasable Area Units Square Feet
Leased Items None
Net Operating Income 171731
Other Expense 37062
Possession Closing
Sale Type MLS
Seller Disclosure Not Provided
Special Listing Conditions None
Tax Annual Amount 28879
Tax Year 2022
Total Expenses 84354
Total Monthly Income 22464
Vacancy Rate 5

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4315 SW Oregon Street Seattle, WA 98116

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The database information herein is provided from the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. The information contained in this listing has not been verified by WPI Real Estate Services, Inc. (7101) and should be verified by the buyer. © 2022 NWMLS. All rights reserved. Data last updated: Friday, December 2nd, 2022 11:42:44 AM.
Active Listing courtesy of Paragon Real Estate Advisors
Active Listing courtesy of Paragon Real Estate Advisors
Data services provided by IDX Broker