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Listing Firm: Lee & Associates Commercial RE: Dea Sumantri

Bought With: Windermere Real Estate Central : Sol Simmers

SOLD On January 24, 2022
NWMLS # 1859561

$3,400,000

  • Sold Price

1321 4th Ave W, Seattle, WA 98119

Listings with the three tree icon are courtesy of NWMLS

About This Property

A pride of ownership 10-unit building nestled on the top of Queen Anne hill. Built in 1909, a mix of vintage appeal w/ modern kitchen & bath appointments. Nine large 1BRs w/ formal den & one 2BR. Apprx $250,000 in recent cap ex: new appliances, refinished flooring, new roof, sewer line replacement, wtr heaters & common area carpets. Upgrades: electrical, fencing, drainage, patio, siding repairs & paint. Current two bedroom configuration shows a possible pathway to reconfigure existing 1-bedroom units into 2-bedroom units, capturing addt'l rental upside. First time to market in 25 years, The Maywood offers investors an opportunity to own 10 stabilized units on the top of Queen Anne with potential to capture additional revenue over time.

Buyer's Agent: Sol Simmers • Windermere Real Estate Central

Listed by: Dea Sumantri • Lee & Associates Commercial RE

Aris360 Last Checked: 2 Minutes Ago (Jun 07, 2025 10:39 AM)

  • Source: NWMLS as Distributed by MLS Grid #1859561

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: 4th Ave
  • Zip/Postal Code: 98119
  • City: Seattle

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$3,847 per month
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Property Features

  • County
    • Queen Anne
  • Community
    • 700 - Queen Anne/Magnolia
  • MLS Area
    • 700 - Queen Anne/Magnolia
  • Longitude
    • -122.362067
  • Latitude
    • 47.631101
  • Directions
    • Head West on W Galer St. Turn Left onto 4th Ave W. Building is on the right

  • Interior
    • Hardwood
  • Floors
    • Hardwood
  • Power Production Type
    • Electric
  • Furnished
    • Unfurnished

  • Stories
    • 3
  • Style
    • 56 - 10+ Units
  • Parking Spaces
    • 3
  • Lot Description
    • Corner Lot,
    • Curbs,
    • Paved,
    • Sidewalk,
  • Foundation
    • Poured Concrete,
  • Elevation
    • Feet
  • Water Source
    • Public,
  • Exterior
    • Brick
  • Site Description
    • Cable TV,Fenced-Fully,High Speed Internet,Patio
  • Roof
    • Composition,
  • Septic or Sewer
    • Sewer Connected,
  • Building Total Area (Sq. Ft.)
    • 6400
  • Utilities
    • Cable Connected,
    • High Speed Internet,
    • Sewer Connected,
    • Electric,
  • Energy Features
    • Thermal Windows,

  • High School District
    • Seattle

  • Possession
    • Closing,
  • Property Type
    • Residential Income
  • Property SubType
    • Multi-Family
  • Tax Year
    • 2021
  • Structure Type
    • Multi Family,
  • Tax Amount
    • $31635
  • Year Built
    • 1909
  • Effective Year Built
    • 1984
  • Status
    • Sold

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Disclaimer: Based on information submitted to the MLS GRID as of Sat Jun 07 2025 . 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.

Jun 07, 2025 10:39 AM