Emma Lazo

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Listing provided courtesy of Paragon Real Estate AdvisorsNWMLSas Distributed by MLSGrid- MLS# NWM2534220MLS Provider

3824 23rd Avenue SWSeattle, WA 98106

Multi-Family · 4 Beds · 2,440 Sq. ft. | 0.11 Acres
$900,000 Active

3824 23rd Avenue SW Overview

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The West Seattle Duplex is a two-unit property located at 3824 23rd Ave SW in the Delridge neighborhood. Delivered fully vacant at closing, it offers a highly flexible opportunity in the West Seattle multifamily market. Each unit features a 2-bedroom, 1.75-bath layout spanning 1,220 square feet, with private decks, in-unit laundry hookups, and single-car garages. The property is well suited for an owner-user, a light renovation value-add investor, or a hybrid strategy. A buyer can live in one unit and lease the other, or lease both after modest cosmetic upgrades to achieve strong market rents. Recent improvements include a new roof installed in 2021 and full copper plumbing. Interiors feature updated kitchens and bathrooms with stone countertops, along with LVP flooring in the upstairs unit. Conveniently located, the duplex offers quick access to Downtown Seattle via the West Seattle Bridge and is minutes from the West Seattle Junction and Alki Beach. It is also within walking distance of the future Delridge Light Rail Station, part of Sound Transit’s West Seattle Link Extension. Planned at SW Andover St and Delridge Way SW, construction is set to begin in 2027, with service expected in late 2032, supporting long-term rent growth and value appreciation.

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3824 23rd Avenue SW Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,440
  • Price/Sq.ft. $369
  • Lot 0.11 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Seattle

Income/Expenses

  • Other Expense: 2600
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Scheduled Income: 57600
  • Insurance Expense: 2200
  • Net Operating Income: 37720
  • Total Expenses: 17000
  • Total Monthly Income: 4800
  • Water/Sewer/Garbage: 3000

Building Information

  • New Construction: No
  • Year Built: 1979

Location/Region

  • Country: US
  • County Or Parish: King
  • MLS Area Major: 140 - West Seattle
  • Subdivision Name: Delridge

Tax Information

  • Tax Annual Amount: $9,200.00
  • Tax Year: 2026

General Information

  • Listing Terms: Cash, Conventional
  • Parcel Number: 2848700175
  • Possible Use: Multi-Family
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage Spaces: 2

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 2440
  • Building Area Units: Square Feet
  • Calculated Square Footage: 2440
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Laminate, Carpet
  • Foundation Details: Poured Concrete
  • Heating: Yes
  • Leasable Area: 2440
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric
  • Stories Total: 2

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 2
  • Parking Uncovered Total: 0

Lot Information

  • Irrigation Water Rights: No
  • Lot Size Acres: 0.1148
  • Lot Size Square Feet: 5000
  • Lot Size Units: Square Feet
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • View: No
  • Waterfront: No

Building Exterior/Construction

  • Roof: Composition
  • Structure Type: Duplex

General Information

  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: 2
  • Exterior Features: Wood Products
  • Number Of Units Total: 2
  • Sewer: Available

Unit Information

Unit 1 Details

  • Actual Rent: 2400
  • Beds Total: 2
  • Baths Total: 2

Unit 2 Details

  • Actual Rent: 2400
  • Beds Total: 2
  • Baths Total: 2

3824 23rd Avenue SW Neighborhood

Community

98106 (SEATTLE) Demographics

35
Median Age
4,808
Population Density (per sq. mile)
51%
College Educated
$74,608
Estimated Median Income
5,757
Estimated Total Home Owners
5,597
Estimated Total Renters
51% / 49%
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.

3824 23rd Avenue SW 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.

3824 23rd Avenue SW Market Data

Based on the last 30 days in this zip code

$709,805
Average List Price
$453
Average Price per Square Foot
25
Properties Sold
51
Average Days on Market
114
Properties for Sale
Calculations provided by Reliance Network

3824 23rd Avenue SW History

Date Event Value Agent
6/4/2026Source: NWMLS Added to Database
June 04, 2026