Listing provided courtesy of John L. Scott Mill CreekNWMLSas Distributed by MLSGrid- MLS# NWM2528598MLS Provider

2317 22nd Avenue SSeattle, WA 98144

Multi-Family · 12 Beds · 0.14 Acres
$2,500,000 Active

2317 22nd Avenue S Overview

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Rare investment opportunity in South Seattle! Short sale. Nearly completed 6-unit construction project with strong upside and rental income potential. Major construction is complete, with remaining work including paving, landscaping, parking improvements, and interior finishing touches. Estimated completion costs under $100K. Projected market value upon completion is approximately $3M. Excellent opportunity for builders, investors, or developers looking to finish a high-potential project. Conveniently located 3 minutes to I-90 and a 14-minute walk to Beacon Hill Station with easy access to Seattle, Eastside tech hubs, and Sea-Tac Airport. 84 Walk Score and 75 Transit Score.

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2317 22nd Avenue S Facts & Features

  • Type Multi-Family
  • Lot 0.14 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Seattle
  • Elementary School: Leschi
  • High School: Garfield High

Income/Expenses

  • Total Monthly Income: 0

Building Information

  • New Construction: Yes
  • Year Built: 2025

Location/Region

  • Country: US
  • County Or Parish: King
  • MLS Area Major: 385 - SODO/Beacon Hill
  • Subdivision Name: Beacon Hill

General Information

  • New Construction: Under Construction
  • Listing Terms: Cash, Conventional, FHA
  • Parcel Number: 5393601170
  • Possible Use: Multi-Family
  • Property Condition: Under Construction
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 0
  • Building Area Units: Square Feet
  • Calculated Square Footage: 0
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: Yes
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Vinyl Plank, Carpet
  • Foundation Details: Slab
  • Heating: Yes
  • Leasable Area: 760
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric
  • Stories Total: 2

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 6
  • Parking Uncovered Total: 6

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Paved
  • Lot Size Acres: 0.1377
  • Lot Size Square Feet: 6000
  • Lot Size Units: Square Feet
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Roof: See Remarks
  • Structure Type: Multi Family

General Information

  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: 0
  • Exterior Features: See Remarks
  • Number Of Units Total: 6
  • Sewer: Sewer Connected

Unit Information

Unit 1 Details

  • Beds Total: 2
  • Baths Total: 2

Unit 2 Details

  • Beds Total: 2
  • Baths Total: 2

Unit 3 Details

  • Beds Total: 2
  • Baths Total: 2

Unit 4 Details

  • Beds Total: 2
  • Baths Total: 2

Unit 5 Details

  • Beds Total: 2
  • Baths Total: 2

Unit 6 Details

  • Beds Total: 2
  • Baths Total: 2

2317 22nd Avenue S Neighborhood

Community

98144 (SEATTLE) Demographics

37
Median Age
6,357
Population Density (per sq. mile)
67%
College Educated
$87,098
Estimated Median Income
6,852
Estimated Total Home Owners
7,411
Estimated Total Renters
48% / 52%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2317 22nd Avenue S Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2317 22nd Avenue S Market Data

Based on the last 30 days in this zip code

$984,459
Average List Price
$544
Average Price per Square Foot
24
Properties Sold
69
Average Days on Market
164
Properties for Sale
Calculations provided by Reliance Network

2317 22nd Avenue S History

Date Event Value Agent
5/23/2026Source: NWMLS Added to Database
May 23, 2026
3/20/2024Source: NWMLS Added to Database
March 20, 2024
10/25/2022Source: NWMLS Status Change
Sold
10/25/2022Source: NWMLS Status Change
Sold
10/13/2022Source: NWMLS Status Change
Pending
10/13/2022Source: NWMLS Status Change
Pending
9/27/2022Source: NWMLS Price Reduction
$725,000 -9.4%
9/27/2022Source: NWMLS Price Reduction
$725,000 -9.4%
9/23/2022Source: NWMLS Price Reduction
$800,000 -5.9%
8/10/2022Source: NWMLS Price Reduction
$800,000 -5.9%
6/28/2022Source: NWMLS Added to Database
June 28, 2022
6/22/2022Source: NWMLS Added to Database
June 22, 2022
6/20/2022Source: NWMLS Added to Database
June 01, 2021