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2515 Belvidere Avenue SW

Seattle, WA 98126
  • $4,600,000
  • STATUS: Active
  • MLS #: 2326656
UPDATED: 66 min ago
$4,600,000
  • 0
    BEDS
  • 0.42
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,705
    SQFT
  • $528
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1937
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Northwest MLS logo Listing information ©2025 Northwest MLS. Listing courtesy of Berkshire Hathaway HS NW.
Mortgage Calculator is provided by BoomTown.

Description

ONCE IN A LIFETIME INVESTMENT OPPORTUNITY: Welcome to North Admiral, one of West Settle's premier locations and home to "The Sasonoff 13 Unit Apartment Complex". A combination of four duplexes and a five unit Apartment building on 9 platted lots. Great numbers with an actual annual GSI of $276,660.00. With $63,860 in annual Expenses (23%), this is a true performing 4.63% Capitalization Rate. Family owned and well managed for over 40 years. Each of the three Duplex's offers decks. There is a one car detached garage owner uses for storage/tools (additional income?) and coin op laundry facilities. 18,362 Sq. feet of NR3 Zoned property. Please call helpful listing agent for access details, showings and financials.

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IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Spokane are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2025-11-07T16:16:08.89. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2025-11-07T16:16:08.89. 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.
www.communityrealestategroup.com/homes/160014160
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2515 Belvidere Avenue SW Seattle, WA 98126

  • Price: $4,600,000
  • Status: Active
  • On Site: Days
  • Updated: 66 min ago
  • MLS #: 2326656
0
Beds
0
Baths
0
½ Baths
0.42
Acres
8,705
SQFT
$528
$/SQFT
1937
Built
Neighborhood:
North Admiral
County:
King
Area:
West Seattle
Elementary School:
Lafayette
Middle School:
Madison Mid
High School:
West Seattle High
School District:
Seattle
Property Description
ONCE IN A LIFETIME INVESTMENT OPPORTUNITY: Welcome to North Admiral, one of West Settle's premier locations and home to "The Sasonoff 13 Unit Apartment Complex". A combination of four duplexes and a five unit Apartment building on 9 platted lots. Great numbers with an actual annual GSI of $276,660.00. With $63,860 in annual Expenses (23%), this is a true performing 4.63% Capitalization Rate. Family owned and well managed for over 40 years. Each of the three Duplex's offers decks. There is a one car detached garage owner uses for storage/tools (additional income?) and coin op laundry facilities. 18,362 Sq. feet of NR3 Zoned property. Please call helpful listing agent for access details, showings and financials.
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 1 Exterior Features BrickWood Lot Features AlleyCorner LotCurbsPavedSidewalk Lot Size Dimensions 85 x 224 Open Parking Spaces 15 Open Parking YN Yes Parking Total 16 Parking Uncovered Spaces 15 Roof Composition Structure Type Multi Family Style Code 56 - 10+ Units View BayCityMountain(s)Sound View YN Yes Waterfront YN No

Interior Features

Baths Full Upper 0 Baths Half Upper 0 Baths Three Quarter Upper 0 Bedrooms Upper 0 Building Area Total 8705 Cooling None Cooling YN No Fireplace YN No Fireplaces Total 0 Flooring HardwoodVinylCarpet Heating Baseboard Heating YN Yes Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Amenities Coin Op Laundry Association Fee 0 Association YN No Building Name WSL&I Cos Replat Energy Source ElectricNatural Gas FIRPTAYN No First Right Of Refusal No Foundation Details Poured Concrete Irrigation Water Rights YN No Listing Terms Cash Out Lot Number 1-9 Net Operating Income 212800 New Construction YN No Possession ClosingSubject to Tenant Rights Possible Use Multi-Family Power Company Seattle City Light Power Production Type ElectricNatural Gas Property Condition Very Good Property Sub Type Multi Family Senior Community YN No Sewer Sewer Connected Sewer Company City of Seattle Site Features Cable TV Special Listing Conditions None Tax Annual Amount 32362 Tax Year 2024 Units In Building Total 13 Water Company City of Seattle Water Source Public Year Built Effective 1994 Zoning Description Multi-Family Zoning Jurisdiction City



IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Spokane are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2025-11-07T16:16:08.89. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2025-11-07T16:16:08.89. 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.
 
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Keller Williams Spokane
6515 W Clearwater, Ste 224
Kennewick WA, 99336
Northwest MLS logo Listing information ©2025 Northwest MLS. Listing courtesy of Berkshire Hathaway HS NW.
Mortgage Calculator is provided by BoomTown.