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$1,995,000 Sale Pending

  • For Sale
  • Pending
  • Multi-Family

Listed by Reid Jones | Westlake Associates, Inc. | (206) 505-9400

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Rare Central District 6-Unit w/ Upside + LR2 Rezone Potential Exciting opportunity to own a well-located 6-unit in one of Seattle's most dynamic neighborhoods. Sits on a 7,200 SF lot with proposed LR2 zoning, offering solid in-place income plus redevelopment potential. Mix of 2-, 3-, and rare 4-bedroom layouts. Major 2018 updates include rebuilt units, PEX plumbing, new electrical panels, vinyl siding/windows, and torchdown roof. Boost income with cosmetic upgrades, RUBS, and parking fees, pro forma cap rate of 8.1%+. Shared outdoor patio and surface parking add tenant appeal. Blocks to future light rail, Seattle U, and Swedish Cherry Hill. Professionally managed and maintained, a rare blend of income, location, and future flexibility.

Full Property Details for 711 21st Ave

General

  • Price: $1,995,000
  • Taxes: $19,368 (2025)
  • Status: Pending
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2417426
  • Updated: 12/1/2025
  • Added to Site: 163 day(s) ago

Interior

  • Flooring: Ceramic Tile, Vinyl Plank, Carpet

Additional Information

  • Amenities: Fenced-Partially
  • Security/Safety: Partially Fenced

Parking

  • Uncovered Spaces: 6

Location

  • Area: 390 - Central Seattle
  • County: King
  • Subdivision: Central Area
  • Driving Directions: From downtown Seattle, head east on Madison St, turn left on 21st Ave. 711 21st Ave is on the right in the Cherry Hill neighborhood.

School Information

  • High School District: Seattle

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Wall Unit(s)

Utilities

  • Sewer: Sewer Connected

Structural Information

  • Structure Type: Multi Family
  • Exterior Const.: Wood
  • Roof: Torch Down
  • Stories in Building: 3
  • Square Feet: 6,036
  • Year Built: 1900

Unit Information

  • Units in Building: 6

Lot Features

  • Lot Size (Acres): 0.1653
  • Lot Size (Sq. Ft.): 7,200
  • Lot Size Source: King County Assessor
  • Lot Features: Alley, Curbs, Paved, Sidewalk

Financial Considerations

  • Tax Amount: $19,368
  • Tax Year: 2025
  • Terms: Cash Out, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 912610265

Listed by Reid Jones | Westlake Associates, Inc. | (206) 505-9400

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NMLS#: 1598647

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Schools serving 711 21st Ave

School District:Seattle School District
NameGradesDistance
Madrona Elementary School, Seattle, WA
1121 33rd Avenue, Seattle, WA 98122
PK-50.7 mi
Edmonds S. Meany Middle School
301 21st Avenue East, Seattle, WA 98112
6-80.9 mi
Garfield High School
400 23rd Avenue, Seattle, WA 98122
9-120.3 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 711 21st Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/28/2025
Price Reduced
$1,995,000
-9.11%
MLS
9/25/2025
Price Reduced
$2,195,000
-4.36%
MLS
8/06/2025
Listed
$2,295,000
93.67%
MLS
5/17/2007
Sold
$1,185,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 711 21st Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$21,497
—
$1,961,000
-13%
2024
$21,497
10%
$2,264,000
—
2022
$19,536
-16%
$2,264,000
6%
2021
$23,217
—
$2,140,000
-10%
2021
$23,217
6%
$2,384,000
5%
2020
$21,956
27%
$2,276,000
15%
2019
$17,258
—
$1,977,000
15%
2018
$17,279
16%
$1,721,000
13%
2017
$14,845
16%
$1,524,000
20%
2016
$12,771
21%
$1,274,000
19%
2015
$10,595
-10%
$1,075,000
-1%
2014
$11,711
—
$1,083,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Reid Jones | Westlake Associates, Inc. | (206) 505-9400

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711 21st Avenue, Seattle, WA 98122 (MLS# 2417426) is a Multi-Family property with 6 units containing 0 bedrooms and 0 full bathrooms. 711 21st Avenue is currently listed for $1,995,000 and was received on August 06, 2025. Want to learn more about 711 21st Avenue? 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.

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