Building Details

Tenancy Multi

Listing Agency: Lake & Company Real Estate

Listed By: Shannon Honingford · License #WA 122311

Source: Crexi

Added: Apr 11 Changed: Aug 24 Last Checked: Aug 31 at 4:19AM

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lake & Company Real Estate

Investment Insights

Based on property information with market context.

Key Highlights

• Completely rebuilt 4‑plex from the foundation
• 4.13% CAP rate; fully rented with actual rents (not pro‑forma)
• Each unit features new flooring and in‑unit washer & dryer

Property Analytics

Property Profile

Current Use

Quadplexes

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store HVAC Service Mobile Phone Store Tanning Salon Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4

Residential units

100%

Occupancy

Multi-tenant

Tenancy

Yes

Sprinkler system

Location Intelligence

Trade Area within ½ mile

5,778

Businesses Nearby

Explore this area Business Placement

Demographics for 98122, WA

41,646

Population

24,942

Households

1.7

Avg Household Size

32

Median Age

72%

College-Educated

98%

High-School Grad

2.3 sq mi

ZIP Area

18,107

Density / Sq Mi

$106,479

Median Household Income

$69,673

Median Earnings

$1,991

Median Rent

$929,400

Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this quadplexes located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Sale Nearby

High-Visibility Auto Shop Building

444 Elliott Ave W, Seattle, WA 98119

$2,750,000

5,625 SF

View details

Mixed-Use Building with Restaurant

3015 Beacon Ave S, Seattle, WA 98144

$2,695,000

4,283 SF

View details

Historic Loft Retail/Office Condo

530-c-526 1st Ave S, Seattle, WA 98104

$650,000

1,280 SF

View details

Ground-Floor Office Unit

3213 Harbor Avenue Sw A2, Seattle, WA 98126

$1,265,000

2,000 SF

View details

Office Condominium with Rooftop Deck

4014 N Aurora Ave B, Seattle, WA 98103

$845,000

3,435 SF

View details

Ground-Floor Office Unit

A2-3213 Harbor Ave Sw, Seattle, WA 98116

$1,265,000

2,000 SF

View details

Vacant Retail Building with IG2 Zoning

85 South Lander Street, Seattle, WA 98134

$1,804,915

8,880 SF

View details

Ground-Floor Office Unit

3213 Harbor Ave Sw Unit A2, Seattle, WA 98126

$1,265,000

2,000 SF

View details

Corner Two-Story Retail Space

300 NE 45th St, Seattle, WA 98105

$3,600,000

7,555 SF

View details

Ground-Floor Office Condo Units

3408 NE 65th Street A, Seattle, WA 98115

$345,000

879 SF

View details

Equipped Chinese Restaurant

522 S King St, Seattle, WA 98104

$100,000

1,500 SF

View details

Just Poke Restaurant With Seating

334 NE Northgate Way, Seattle, WA 98125

$350,000

1,315 SF

View details

Frequently Asked Questions

Where is this quadplex located?

The property is located at 1709 E Columbia St Seattle, WA.

What are key features of this property?

This property features: Completely rebuilt 4‑plex from the foundation; 4.13% CAP rate; fully rented with actual rents (not pro‑forma); Each unit features new flooring and in‑unit washer & dryer