1732 Dexter Avenue N, Seattle, WA 98109

$1,050,000
2,140
SqFt

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Listing courtesy of Paragon Real Estate Advisors.

List Price
$1,050,000
Status
ACTIVE
MLS#
2583380
Days on Market
0
Style
52 - Duplex
Finished SqFt
2,140
Area Total SqFt
2140
Annual Tax Ammount
9438
Lot Size (sq ft)
4,800
Sewer
Sewer Connected

Property Description

Queen Anne Duplex, a two unit building at 1732-1734 Dexter Ave N built in 1950, with 2,140 square feet of rentable area on a 4,800 square foot lot zoned LR3 (M). 1732 is a two bedroom, one bath unit on the main floor, renovated throughout with white shaker cabinetry, quartz counters, stainless appliances, a glass enclosed shower, a new vanity, new flooring and fresh paint. Large windows in the living and dining rooms look out over Lake Union, and a balcony opens off the main floor. 1732 is vacant and delivers at closing, an owner-user opportunity. 1734 is a one bedroom, one bath unit on the lower level with its own entrance and a large deck off the back, leased at market rent. Both units have in-unit laundry and views of Lake Union, and tenants pay their own utilities. Three parking spaces, two of them carport. Plumbing is a mix of copper and galvanized, Federal Pacific panels are in place; buyer to verify all building systems. The adjacent parcels at 1722, 1726 and 1730 Dexter Ave N are under the same ownership and marketed at the same time. Dexter Ave N carries a protected bike lane and frequent bus service, with the South Lake Union employment core under one mile south and Lake Union Park and the Westlake waterfront below the site.

Additional Information

List Date
2026-09-17 18:46:38
Community
Westlake
Net Operating Income
$51,338
Gross Adjusted Income
$64,980
Gross Scheduled Income
$68,400
Total Monthly Income
$5,700
Insurance Expenses
$1,104
Gross Rent Multiplier
15.35
Total Expenses
$13,642
Cap Rate
4.89
Vacancy Rate
5
Total Number of Units
2
Unit Name
1732
Potential Terms
Cash, Conventional
Year Built
1950
View
Lake
Roof
Tile
Other Expenses
3100
Energy Source
Electric
School District
Seattle
Total Monthly Income
$5,700
Gross Scheduled Income
$68,400
Vacancy Rate
5
Gross Adjusted Income
$64,980
Tax Year
2026
Insurance Expense
$1,104
Total Expenses
$13,642
Net Operating Income
$51,338
Gross Rent Multiplier
15.35
Cap Rate
4.89
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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