109 115 30th AVE Seattle, WA 98122 New

UPDATED: 05/30/2026 05:28 AM

$2,490,000

12 Beds8 Baths6,080 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,080 sqft

Price per Sqft $409

Subdivision Leschi

MLS Listing ID 2532021

Style 55 - 5-9 Units

Bedrooms 12

Year Built 1929

Annual Tax Amount $23,636

Lot Size 0.338 Acres

Property Sub-Type Multi Family

Property Description

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.


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