Listing provided courtesy of Windermere Real Estate MidtownNWMLSas Distributed by MLSGrid- MLS# NWM2514777
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172 16th Ave
172 16th Ave DADU
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172 16th Ave DADU
DADU
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DADU bedroom
DADU loft
172 16th Ave
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172 16th AvenueSeattle, WA 98122
Multi-Family · 6 Beds · 2,940 Sq. ft. | 0.08 Acres$1,495,000
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172 16th Avenue Overview
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Exceptional owner / investor opportunity on a quiet, residential corner in the Central District. This 3,300 SF lot has a well-maintained & charming triplex with a non-conforming 4th unit, plus a 1 bd/1bth detached additional dwelling unit (DADU) built in 2017. Although there are 5 income generating units, this property qualifies for residential financing, opening the door to more attractive lending options. The fourplex has one 2 bd/1 bth and three 1 bd/1 bth units, each with updated systems, kitchens, and baths. Each floor plan is unique with lots of light, in-unit washer / dryer, dedicated outdoor space, and some featuring views of the Seattle skyline. The 1bd/1 bth DADU features an open floor plan with a modern design and a loft area for additional living space. Long-term development potential with the corner lot and LR2 zoning. Excellent opportunity for an investor seeking stable cash flow in a high-demand location or an owner-occupant looking to offset their mortgage payment with rental income.
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172 16th Avenue Facts & Features
- Type Multi-Family
- Sq. ft. 2,940
- Price/Sq.ft. $509
- Lot 0.08 Acres
Details
General
Association/HOA
- Association Fee: $0.00
School Information
- School District: Seattle
- Elementary School: Bailey Gatzert
- Middle Or Junior School: Wash Mid
- High School: Garfield High
Green Features
- Green Energy Efficient: Thermal Windows
Income/Expenses
- Other Expense: 9721
- Electric Expense: 0
- Fuel Expense: 0
- Gross Scheduled Income: 126936
- Insurance Expense: 4096
- Net Operating Income: 90848
- Total Expenses: 33549
- Total Monthly Income: 10578
- Water/Sewer/Garbage: 8682
Building Information
- Building Name: Hallers ADD N 33 FT
- New Construction: No
- Year Built: 1900
Location/Region
- Country: US
- County Or Parish: King
- MLS Area Major: 390 - Central Seattle
- Subdivision Name: Central Area
Community/Development
- Amenities: Thermal Windows
Tax Information
- Tax Annual Amount: $11,050.00
- Tax Year: 2026
General Information
- Listing Terms: Cash, Conventional, VA Loan
- Parcel Number: 3037200075
- Possible Use: Multi-Family,Residential
- Property Condition: Good
- 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: 2940
- Building Area Units: Square Feet
- Calculated Square Footage: 2940
- Square Footage Finished: 0
- Square Footage Unfinished: 0
General Information
- Cooling: No
- Fireplace: No
- Fireplaces Total: 0
- Flooring: Ceramic Tile, Softwood, Vinyl Plank, Carpet
- Foundation Details: Poured Concrete
- Heating: Yes
- Leasable Area: 2940
- Living Area: 0
- Main Level Bathrooms: 0
- Power Production Type: Electric,Natural Gas
- Security Features: Partially 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, Curbs, Paved, Sidewalk
- Lot Size Dimensions: 33x100
- Lot Size Square Feet: 3300
- Lot Size Units: Square Feet
- Site Features: Cable TV, Deck, Fenced-Partially, Gas Available, High Speed Internet, Patio
- Elevation Units: Feet
- Water Source: Public
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Roof: Composition, Torch Down
- Structure Type: Quadruplex
General Information
- Carport Spaces: 0
- Carport: No
- Covered Spaces: 0
- Exterior Features: Cement Planked, Wood
- Number Of Units Total: 5
- Sewer: Sewer Connected
Unit Information
Unit 4 Details
- Actual Rent: 1500
- Beds Total: 1
- Baths Total: 1
Unit 2 Details
- Actual Rent: 1675
- Beds Total: 1
- Baths Total: 1
Unit 3 Details
- Actual Rent: 2033
- Beds Total: 1
- Baths Total: 1
Unit 5 Details
- Actual Rent: 2050
- Beds Total: 1
- Baths Total: 1
Unit 1 Details
- Actual Rent: 2600
- Beds Total: 2
- Baths Total: 1
172 16th Avenue Neighborhood
Community
98122 (Seattle) Demographics
31
Median Age
11,138
Population Density (per sq. mile)
74%
College Educated
$81,308
Estimated Median Income
6,230
Estimated Total Home Owners
15,007
Estimated Total Renters
29% / 71%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
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.172 16th Avenue Monthly Cost
172 16th Avenue Market Data
Based on the last 30 days in this zip code
$960,048
Average List Price
$621
Average Price per Square Foot
35
Properties Sold
68
Average Days on Market
165
Properties for Sale
172 16th Avenue History
| Date | Value | Agent |
|---|---|---|
| 5/29/2026Source: NWMLS | $1,495,000 -6.6% |
|
| 4/29/2026Source: NWMLS | April 29, 2026 |
|
| 6/20/2022Source: NWMLS | June 01, 2021 |