Date
Details
Price
Change
Source
6/20/2025
Listed
$1,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/40
$1,250,000
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Property Description
Investor's Dream or the unlimited House Hack! Located just steps from South Seattle College, this unique property offers the ultimate income-generating opportunity. The main home features 8 private bedrooms, each with its own en suite bathroom, one even has a kitchenette, making it perfect for extended stays or higher rental income. Tucked away with its own separate entrance is a 1 bed / 1 bath ADU, ideal for owner-occupancy or a steady rental stream. Live in one unit and let the rest pay your mortgage and then some. Or go fully passive and bring in a hands-off 9.8% cap rate with a property manager in place. Whether you're a savvy investor or looking for a creative way to build wealth through real estate, this property checks all the boxes!
Full Property Details
Full Property Details for 7023 16th Ave SW
General
- Price: $1,250,000
- Taxes: $9,390 (2025)
- Status: Active
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2396536
- Updated: 11/25/2025
- Added to Site: 211 day(s) ago
Interior
- Flooring: Hardwood, Vinyl Plank, Carpet
Additional Information
- Amenities: Cable TV, Fenced-Partially, Gas Available, High Speed Internet, Outbuildings, RV Parking
- Security/Safety: Partially Fenced
Parking
- Covered Spaces: 1
- Uncovered Spaces: 5
- Parking Features: RV Parking
Location
- Area: 140 - West Seattle
- County: King
- Subdivision: Delridge
- Driving Directions: Hwy 99 North to Highland Park Way SW, Right onto SW Holden St, Right onto 16th Ave SW to home on Left.
School Information
- High School District: Seattle
- Elementary School: Sanislo
- Middle School: Madison Mid
- High School: West Seattle High
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall Unit(s)
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: Duplex
- Exterior Const.: Wood Products
- Foundation: Poured Concrete
- Roof: Composition
- Stories in Building: 2
- Square Feet: 3,300
- Year Built: 2013
- Property Condition: Good
Unit Information
- Units in Building: 2
Lot Features
- Property View: Territorial
- Lot Size (Acres): 0.1232
- Lot Size (Sq. Ft.): 5,368
- Lot Size Source: Tax Realist
- Lot Features: Curbs, Secluded, Sidewalk
- Zoning: Residential
Financial Considerations
- Tax Amount: $9,390
- Tax Year: 2025
- Terms: Cash Out, Conventional, FHA, Rehab Loan, State Bond, VA Loan
Disclosures and Reports
- Special Conditions: None
- Property ID: 3438502762
Listed by Becca Pitts | eXp Realty | (888) 317-5197 and Jacob Weaver | eXp Realty | (888) 317-5197
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Schools
Schools serving 7023 16th Ave SW
School District:Seattle School District
| Name | Grades | Distance |
|---|---|---|
Sanislo Elementary School 1812 Southwest Myrtle Street, Seattle, WA 98106 | K-5 | 0.2 mi |
Denny Middle School 2601 SW Kenyon St, Seattle, WA 98126 | 6-8 | 0.9 mi |
Chief Sealth High School 2600 SW Thistle, Seattle, WA 98126 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7023 16th Ave SW
Tax History
Tax History for 7023 16th Ave SW
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,367
—
$946,000
23%
2024
$7,367
6%
$770,000
—
2022
$6,940
-4%
$770,000
-3%
2021
$7,265
—
$792,000
11%
2021
$7,265
4%
$714,000
2%
2020
$7,017
17%
$698,000
6%
2019
$5,992
6%
$659,000
22%
2018
$5,667
16%
$541,000
13%
2017
$4,875
11%
$479,000
14%
2016
$4,396
19%
$421,000
18%
2015
$3,683
45%
$358,000
54%
2014
$2,543
—
$233,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7023 16th Ave SW
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- Single Family
- Closed
- 4Beds
- 3Total Baths
- 3,350Sq. Ft.
Listed by Candy Legg-Cadigan | Windermere West Metro
Sold by Hoan Nguyen | Dove Realty, Inc.
Sold by Hoan Nguyen | Dove Realty, Inc.
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- Closed
- 4Beds
- 3Total Baths
- 2,690Sq. Ft.
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Sold by Jay McCaughey
Sold by Jay McCaughey
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- 4Beds
- 4Total Baths
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Listed by Roger Kilburn | Redfin and Nicole Newby | Redfin
Sold by Peter Brown | Redfin
Sold by Peter Brown | Redfin
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- Closed
- 5Beds
- 5Total Baths
- 3,470Sq. Ft.
Listed by Lia Huang | Globenex Realty
Sold by Tyler Davis Jones | Compass
Sold by Tyler Davis Jones | Compass
7023 16th Avenue SW, Seattle, WA 98106 (MLS# 2396536) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 7023 16th Avenue SW is currently listed for $1,250,000 and was received on June 20, 2025. Want to learn more about 7023 16th Avenue SW? Do you have questions about finding other Multi-Family real estate for sale in Seattle? You can browse all Seattle real estate or contact a Coldwell Banker agent to request more information.