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About the Listing 128 - 38720
Leschi Flats is a turnkey asset in one of Seattle's most desirable neighborhoods. The property enjoys views of Lake Washington and convenient access to nearby parks, dining, and major employers. It consists of 2 side-by-side fourplexes on individual parcels that showcase a charming vintage aesthetic, thoughtfully enhanced by a 2012 remodel. This extensive renovation included all new plumbing and electrical systems, along with fully updated kitchens, baths, and living spaces. The units offer in-unit laundry and dishwashers. Additional features include high-quality finishes such as Andersen Fibrex windows in most units, fire sprinklers throughout, and secured entry with both front and back access for each residence. The unit mix is comprised of 4 one-bed and 4 two-bed units - all designed as corner units with high ceilings and abundant natural light. Each is individually metered for water with dedicated shutoffs already in place, providing a clear path to implementing a utility bill-back system. Significant upside exists through raising rents and increasing parking/storage fees. There are 9 total parking spaces (8 off-street stalls and a large garage). Additional amenities include a BBQ area and Zen Garden, as well as owner's office and storage space. The property's LR1 (M) zoning and 14,711-SF lot size present a compelling land bank opportunity for future development. In addition, the 2 fourplexes can be financed separately with residential financing.
Listing Highlights
Status
Active
Days on Site
2
Property Type
Multi-Family
MLS ®
2507591
Year Built
1929
Total Square Footage
4,960
Lot/Acreage
0.34
County
King
Neighborhood
Leschi
School District
Seattle
Elementary School
Leschi
Middle School
Meany Middle
High School
Garfield High
Interior Details
- Bedrooms: 12
- Bathrooms: 8 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor: Hardwood,Carpet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Alley,Curbs,Paved,Sidewalk,Zoning: Multi-Family
- Garage Capacity: 1 car
- Parking Spaces: 8
- Zoning: Multi-Family
- Roof: Composition
- Others: Brick
- Sewer: Sewer Connected
Financial Details
- Tax Amount: $23,636
- Taxes w/Assessments: N/A
- Tax/Property ID: 9187200355
- Tax Year: 2026
Payment Calculator
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Questions About..
109 115 30th Ave Seattle, WA 98122
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