Emma Lazo

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Listing provided courtesy of Marketplace Sotheby's Intl RtyNWMLSas Distributed by MLSGrid- MLS# NWM2544828MLS Provider

3823 Delridge Way SWSeattle, WA 98106

Multi-Family · 3 Beds · 1,410 Sq. ft. | 0.03 Acres
$498,700 Active

3823 Delridge Way SW Overview

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Discover an excellent investment opportunity in the heart of West Seattle. This income-producing duplex is ideally positioned in the Delridge neighborhood, offering convenient access to downtown Seattle, neighborhood parks, shopping, restaurants, and major commuter routes. The upper residence features 2 bedrooms and 1 full bathroom, while the lower residence includes 1 bedroom and a ¾ bath, providing flexible rental options. Separate gas and electric meters allow tenants to pay their own utilities. The future light rail expansion is expected to further enhance the area's appeal and long-term value. Property is located at the corner of Delridge Way SW and 23rd Ave SW (GPS directions may incorrectly place you across the street). Please do not disturb the occupants. Interior showings will be available only after an accepted offer. No sign at property.

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3823 Delridge Way SW Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,410
  • Price/Sq.ft. $354
  • Lot 0.03 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Seattle
  • Elementary School: Lafayette
  • Middle Or Junior School: Madison Mid
  • High School: West Seattle High

Income/Expenses

  • Other Expense: 700
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Scheduled Income: 40800
  • Insurance Expense: 878
  • Net Operating Income: 31022
  • Total Expenses: 9785
  • Total Monthly Income: 3400
  • Water/Sewer/Garbage: 2500

Building Information

  • New Construction: No
  • Year Built: 1925

Location/Region

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

Tax Information

  • Tax Annual Amount: $5,707.00
  • Tax Year: 2025

General Information

  • Listing Terms: Cash, Conventional, FHA, Rehab Loan, VA Loan
  • Parcel Number: 2848700050
  • Possible Use: Multi-Family
  • Property Condition: Fair
  • 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: 1410
  • Building Area Units: Square Feet
  • Calculated Square Footage: 1410
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Vinyl, Carpet
  • Foundation Details: Poured Concrete
  • Heating: Yes
  • Leasable Area: 1410
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric,Natural Gas
  • Security Features: Fully Fenced
  • Stories Total: 2

Exterior

Parking Information

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

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Corner Lot, Paved, Sidewalk
  • Lot Size Dimensions: 77 x 69 x 34
  • Lot Size Square Feet: 1215
  • Lot Size Units: Square Feet
  • Site Features: Cable TV, Deck, Fenced-Fully, Gas Available, High Speed Internet
  • 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: 0
  • Exterior Features: Cement Planked
  • Number Of Units Total: 2
  • Sewer: Sewer Connected

Unit Information

Unit 2 Details

  • Actual Rent: 1500
  • Beds Total: 1
  • Baths Total: 1

Unit 1 Details

  • Actual Rent: 1900
  • Beds Total: 2
  • Baths Total: 1

3823 Delridge Way 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.

3823 Delridge Way 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.

3823 Delridge Way 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

3823 Delridge Way SW History

Date Event Value Agent
6/24/2026Source: NWMLS Added to Database
June 24, 2026