7346 15th Avenue NW, Seattle, WA 98117

$715,000
2,260
SqFt

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Listing courtesy of Windermere Real Estate GH LLC. Selling Office: Kelly Right RE of Seattle LLC.

Sold Price
$715,000
List Price
$798,000
Status
SOLD
MLS#
2372349
Closing Date
Nov 10, 2025
Days on Market
392
Style
52 - Duplex
Finished SqFt
2,260
Area Total SqFt
2260
Annual Tax Ammount
9768
Lot Size (sq ft)
4,250
Sewer
Sewer Connected

Property Description

Live in one unit and rent the other! 7346 features 1 bed, 1 bath, basement, w/ tenant through August 2026. 7348 has 1 bed, 1 bath, huge usable attic space, basement, w/ tenant who is willing to be bought out of their lease. Shared backyard + individual driveways & garages add to the appeal. Exciting potential with the neighboring property also available (7342 15th Ave NW). Zoned NC2P-55 and situated in a highly sought-after location surrounded by thriving residential & commercial growth. Purchase both lots to develop a mixed-use structure or buy the duplex alone as a valuable investment. Perfectly positioned for growth & long term value.

Additional Information

List Date
2024-10-14 00:00:00
Community
Ballard
Net Operating Income
$26,097
Gross Adjusted Income
$41,940
Gross Scheduled Income
$41,940
Total Monthly Income
$3,495
Insurance Expenses
$788
Water/Sewer/Garbage Expenses
$3,557
Gross Rent Multiplier
22.6
Total Expenses
$15,843
Cap Rate
2.7
Total Number of Units
2
Unit Name
7346
Potential Terms
Cash Out, Conventional
Year Built
1931
Roof
Composition
Site Features
Cable TV, Fenced-Fully, High Speed Internet, Patio
Other Expenses
1730
Energy Source
Electric
School District
Seattle
Total Monthly Income
$3,495
Gross Scheduled Income
$41,940
Gross Adjusted Income
$41,940
Tax Year
2024
Insurance Expense
$788
W/S/G Expenses
$3,557
Total Expenses
$15,843
Net Operating Income
$26,097
Gross Rent Multiplier
22.6
Cap Rate
2.7
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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