1419 E Olive Street, Seattle, WA 98122 | 1955970 | Prime Alliance Real Estate Services

1419 E Olive Street $1,325,000

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    1419 E Olive Street Seattle, WA 98122

    • 0 Beds
    • 0 Baths
    • 2,750 sq. ft.
    • Multi-Family
    • Listing# 1955970
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    Views: 14 Days On Site: 53

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    Property Details

    This triplex offers a unique mix of units - one 1BD/1BTH unit, one 2BD/1BTH unit, and one 3BD/1.75BTH townhouse-style unit. The building sits back off the street, behind a charming courtyard, giving occupants a great spot to enjoy summer days. The units are currently renting well below market presenting significant rental upside. The property will operate at a 4.8% CAP rate when rents are brought up to market. The condition of the units also gives a buyer the opportunity to update the units and capture higher rents. The location is great for commuters heading to both north or south Seattle as it is only a few blocks to the Capitol Hill Light Rail Station. Cal Anderson Park and Broadway Avenue are also just a few blocks away.

    • General Features
      • County Or Parish King
      • Furnished Unfurnished
      • Leasable Area 2750
      • Leasable Area Units Square Feet
      • MLS Area Major 390 - Central Seattle
      • New Construction Y/N No
      • Property Sub Type Multi-Family
      • Style Code 53 - Tri-plex
      • Subdivision Name Capitol Hill
      • Tax Annual Amount 10578
      • Tax Year 2022
      • Year Built 1945
    • Building Features
      • Building Area Total 2750
      • Building Area Units Square Feet
      • Heating Y/N Yes
      • Living Area 0
      • Living Area Units Square Feet
    • Property Features
      • Carport Spaces 0
      • Carport Y/N No
      • Covered Spaces 0
      • Irrigation Water Rights Y/N No
      • Lot Size Acres 0.0882
      • Lot Size Square Feet 3840
      • Lot Size Units Square Feet
      • Open Parking Spaces 0
      • Open Parking Y/N No
      • Parking Total 0
      • View Y/N No
      • Waterfront Y/N No
    • Schools
      • High School District Seattle

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    Neighborhood

    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
    41,152 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $885,000 Median Sales Price
    49 Homes Sold
    65 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,325,000
        6/21/2022 2:32:00 PM New in Database Source: Multiple Listing Service New Value: $1,325,000

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        This property search is part of the Prime Alliance Real Estate Services website. Listing information is courtesy of the WA-NWMLS and Prime Alliance Real Estate Services. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol:MLS Logo provided by Northwest Multiple Listing Service, 2022. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.



        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.