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$1,930,000
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Property Description
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
Full Property Details for 711 21st Ave
General
- Sold For: $1,930,000
- Taxes: $19,368 (2025)
- Status: Closed
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2417426
- Added to Site: 240 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, Conventional
Disclosures and Reports
- Special Conditions: None
- Property ID: 912610265
Listed by Reid Jones | Westlake Associates, Inc. | (206) 505-9400
Sold by Nancy Lin | RSVP Brokers ERA
Get Pre-Approved Today
Schools
Schools serving 711 21st Ave
School District:Seattle School District
| Name | Grades | Distance |
|---|---|---|
Madrona Elementary School, Seattle, WA 1121 33rd Avenue, Seattle, WA 98122 | PK-5 | 0.7 mi |
Edmonds S. Meany Middle School 301 21st Avenue East, Seattle, WA 98112 | 6-8 | 0.9 mi |
Garfield High School 400 23rd Avenue, Seattle, WA 98122 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 711 21st Ave
Date
Details
Price
Change
Source
3/06/2026
Sold
$1,930,000
-3.26%
MLS
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
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
711 21st Avenue, Seattle, WA 98122 (MLS# 2417426) is a Multi-Family property that was sold at $1,930,000 on March 06, 2026. 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.

