Duplex with Detached
New
For Sale
$1,049,000
940 76TH, Seattle, WA 98103
Two separate residences each have two bedrooms, with a detached garage providing parking and storage.
Property Size2,540 SF
Lot Size0.14 Acres
Price / SF$412.99
Days on Market7
Property Features for 940 76TH
General Information
Standard status
Active
Size
2,540 SF
Total Parking Spaces
2
Lot size
0.14 Acres
Property subtype
Multi-family
Additional Details
Multifamily Units
2
Building Details
Year Built
1906
Buildings
1
Listing Agency:
Whisper Real Estate
Listed By:
Mike Chaffee · License #27621
(425) 505-2169
Source:
Skylineproperties
Added: Oct 9
Changed: Oct 15
Last Checked: Oct 14 at 7:28PM
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 Whisper Real Estate
Investment Insights
Based on property information with market context.
This Seattle duplex contains 2,540 square feet on a 6,000 SF lot. The main-level residence has two bedrooms and one bath; the upstairs unit has two bedrooms and .75 bath. A detached two-car garage adds off-street parking and storage. The property was built in 1906.
Green Lake, neighborhood parks, cafés, restaurants, shopping, and the Greenwood community are nearby. The property also has access to downtown Seattle and major commuter routes.
Green Lake, neighborhood parks, cafés, restaurants, shopping, and the Greenwood community are nearby. The property also has access to downtown Seattle and major commuter routes.
Key Highlights
- 2,540 square feet of building area
- 6,000 SF lot
- Main‑level residence has 2 bedrooms and 1 bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,366
Cap Rate
4.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$907,320
$907.3K
Cap Rate 7%
$648,086
$648.1K
Cap Rate 9%
$504,067
$504.1K
Market Conditions
NOI Build-Up for 2,540 SF
Gross rent
$68.6K $27.00/SF
− Vacancy
−$3.8K −$1.49/SF
EGI
$64.8K $25.51/SF
− OpEx
−$19.4K −$7.65/SF
NOI
$45.4K $17.86/SF
Area
ZIP 98103
Vacancy
5.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$907,320
Cap Rate 7%
$648,086
Cap Rate 9%
$504,067
Alternative Uses
Best Use
Multifamily LT 5
$648.1K
$567.1K – $756.1K
NOI $45,366 @ 7.0% cap · market cap 4.32%
Second Best
Apartment 5plus
$578.9K
$506.6K – $675.4K
NOI $40,525 @ 7.0% cap · market cap 3.86%
Theoretical Best
Office A
$1.03M
$898.4K – $1.20M
NOI $71,872 @ 7.0% cap · market cap 6.85%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,590
Businesses Nearby
Explore this area
Business Placement
Demographics for 98103, WA
53,056
Population
27,857
Households
1.9
Avg Household Size
35
Median Age
77%
College-Educated
98%
High-School Grad
4.6 sq mi
ZIP Area
11,534
Density / Sq Mi
$127,372
Median Household Income
$80,508
Median Earnings
$2,006
Median Rent
$1,012,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences each have two bedrooms, with a detached garage providing parking and storage.
Where is this duplex located?
The property is located at 940 76TH Seattle, WA.
What is the asking price?
The asking price for this property is $1,049,000.
What are key features of this property?
This property features: 2,540 square feet of building area; 6,000 SF lot; Main‑level residence has 2 bedrooms and 1 bath
