652 NW 85th Street, Seattle, WA 98117
- $885,000
- 3,096
- SqFt
Listing Broker: Windermere RE Greenwood; Jack Malek; 206-498-2189; jmalek@windermere.com
- List Price
- $885,000
- Status
- ACTIVE
- MLS#
- 2587020
- Days on Market
- 160
- Style
- 52 - Duplex
- Finished SqFt
- 3,096
- Area Total SqFt
- 3096
- Annual Tax Ammount
- 10670
- Internet Provider
- Comcast/Ziply
- Lot Size (sq ft)
- 4,700
- Sewer
- Sewer Connected
Property Description
Crown Hill Multi-Family property (former law office) zoned NC1-55(M)! Hold as a leased income property then develop mixed use project: apartments, coop or condo w/ ground level comm (retail, office, medical) up to 16 units - Square Footage up to 41,000 and Traffic Count 18,800 - 20,000. Near Greenwood's growing urban village. Can also owner-occupy as work-live. Surrounding density is growing with new NR zoning. Current rents total $4,500. Don't miss your opportunity to own this fantastic investment opportunity and own a landmark property in the heart of Crown Hill-Ballard-Greenwood. Okay to street appraise exterior. Interior tour with advance request and verification of funding. Plan for 16 Unit apartments and ground level commercial.
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Additional Information
- List Date
- 2026-04-17 18:28:13
- Community
- Crown Hill
- Net Operating Income
- $3,521
- Gross Adjusted Income
- $4,560
- Gross Scheduled Income
- $57,600
- Total Monthly Income
- $4,800
- Insurance Expenses
- $1,800
- Gross Rent Multiplier
- 15.4
- Total Expenses
- $12,470
- Cap Rate
- 4.8
- Vacancy Rate
- 5
- Total Number of Units
- 2
- Unit Name
- 652
- Potential Terms
- Cash, Conventional
- Year Built
- 1918
- View
- Territorial
- Roof
- Composition
- Site Features
- Fenced-Partially, Patio
- Energy Source
- Electric, Natural Gas
- School District
- Seattle
- Elementary School
- Loyal Heights
- Middle School
- Whitman Mid
- High School
- Ingraham High
- Total Monthly Income
- $4,800
- Gross Scheduled Income
- $57,600
- Vacancy Rate
- 5
- Gross Adjusted Income
- $4,560
- Tax Year
- 2025
- Insurance Expense
- $1,800
- Total Expenses
- $12,470
- Net Operating Income
- $3,521
- Gross Rent Multiplier
- 15.4
- Cap Rate
- 4.8
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.