Two-Unit Duplex with Separate
1701 19th Avenue S Seattle, WA 98144
For Sale
$975,000
Duplex offers two 2-bedroom units, each with a private attached garage and separate electrical meter.
Property Size1,723 SF
Price / SF$565.87
Days on Market145
Property Features for 1701 19th Avenue S
General Information
- Standard status
- Active
- Size
- 1,723 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1981
Listing Agency:
Windermere RE Skagit Valley
(503) 305-1761
Listed By:
Kerri Pyeatt
(503) 305-1761
Source:
Premierepropertygroup
Added: Mar 4
Changed: Jul 20
Last Checked: Jul 26 at 3:30AM
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 Windermere RE Skagit Valley
Investment Insights
Based on property information with market context.
This duplex is designed for separate living while keeping ownership simple, featuring two 2-bedroom, 1-bath units. Each unit is on one level and includes a dedicated, private attached garage space, along with additional storage. Interior updates include new carpet, and the property offers shared coin-operated laundry and a community yard.
The duplex is positioned in Seattle’s North Beacon Hill neighborhood with quick access to downtown Seattle and the Eastside, as well as I-90 and I-5. Multiple bus lines are nearby.
Each unit has a separate electrical meter, supporting independent utility billing. There are also three additional driveway parking spaces for added convenience.
The duplex is positioned in Seattle’s North Beacon Hill neighborhood with quick access to downtown Seattle and the Eastside, as well as I-90 and I-5. Multiple bus lines are nearby.
Each unit has a separate electrical meter, supporting independent utility billing. There are also three additional driveway parking spaces for added convenience.
Key Highlights
- Duplex with two 2‑bed/1‑bath units, each unit 764 SF
- Separate electrical meter for each unit
- Each unit has dedicated private attached garage space, plus 3 additional driveway parking spaces (5 total)
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $46.5k | $27.00 |
| − Vacancy | −$2.1k | −$1.22 |
| EGI | $44.4k | $25.79 |
| − OpEx | −$13.3k | −$7.74 |
| NOI | $31.1k | $18.05 |
1,723 SF · lease $27.00/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$444.3K
$388.7K – $518.3K
NOI $31,099 @ 7.0% cap · market cap 3.19%
Second Best
Apartment 5plus
$415.4K
$363.5K – $484.7K
NOI $29,081 @ 7.0% cap · market cap 2.98%
Theoretical Best
Office A
$518.4K
$453.6K – $604.8K
NOI $36,286 @ 7.0% cap · market cap 3.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex offers two 2-bedroom units, each with a private attached garage and separate electrical meter.
Where is this duplex located?
The property is located at 1701 19th Avenue S Seattle, WA.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Duplex with two 2‑bed/1‑bath units, each unit 764 SF; Separate electrical meter for each unit; Each unit has dedicated private attached garage space, plus 3 additional driveway parking spaces (5 total)
