$10,000 Closing Credit¹
#2289797, Nicole Veldwyk, Listing Office: VelDyke Realty Inc.
#2324823·
Listing Office: CENTURY 21 North Homes Realty·
Listing Agent: Devin Gordon Sr·
Listing Office Phone: 425-742-1515
$10,000
closing credit¹
9265 57th Ave S Seattle, WA 98118
$1,799,888 List price
$10,000
Closing credit¹
4,590 sqft
0.1 acres
$392 / sqft
House
Property details
About 9265 57th Ave S
Now offered at a newly improved price of $1,799,888, this 7-unit apartment building is a prime income-generating opportunity. With a 2% vacancy rate, 6.19% cap rate, and $12,125 in total monthly income, you’ll enjoy a robust $111,500 net operating income. The unit mix includes four 2-bed/1-bath and three 1-bed/1-bath units, with some featuring partial Lake Washington views. Tenants benefit from nearby grocery stores, local dining, coffee shops, auto parts stores, and easy access to Seward Park—all within close proximity. With a 12.71 Gross Rent Multiplier and potential for additional income streams, this property is a solid long-term investment. Don’t miss out on this cash-flowing gem—the perfect addition to your portfolio!
Highlights
HeatingForced Air
StatusActive
Size4,590 sqft
Lot size0.1085 Acres
Year built1923
MLS #2324823
ViewLake, Territorial
Summary
- MLS Number: 2324823
- MLS Name: NWMLS
- Office Name: CENTURY 21 North Homes Realty
- Office Phone: (425) 742-1515
- Listing Agent: Devin Gordon Sr
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest Multiple Listing Service IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2025 Northwest MLS. All rights reserved.
DMCA Notice
Disclaimer: Information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included. NorthwestMLS
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/12/2025, 1:47:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,799,888
9265 57th Ave S
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 30, 2010 | Home Sold | $460,000 |
| Dec 04, 2006 | Home Sold | $552,000 |
| Jan 17, 2003 | Home Sold | $190,000 |
| Nov 13, 1998 | Home Sold | $188,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2022 | $1,232,000 | $10,910 |
| 2021 | $1,123,000 | $10,773 |
| 2020 | $1,114,000 | $11,173 |
| 2018 | $632,000 | $5,927 |
| 2017 | $578,000 | $6,176 |
History based on county public records data.
Nearby schools
4
Emerson Elementary School
Public District PK-5
0.4 mi
•9709 60th Ave S
4
Dunlap Elementary School
Public District PK-5
0.7 mi
•4525 S Cloverdale St
6
Wing Luke Elementary School
Public District PK-5
1.3 mi
•3701 S Kenyon St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $64,823. The most common annual income of people living in Seattle, WA is between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
19%
<35k
60%
35k-100k
20%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
45%
Single, No Kids
18%
Single, with Kids
20%
Married, No Kids
17%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
10%
12-17 yrs old
24%
18-34 yrs old
40%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Men's Tennis- Tennis
Major League Soccer (MLS)
Where do the neighbors shop?
Nordstrom Rack
Crate & Barrel
Banana Republic
Where do the neighbors go to eat?
The Cheesecake Factory
Starbucks
Jack In The Box
What do the neighbors drive?
Volvo
BMW
Toyota
What do the neighbors listen to?
News
Jazz
Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 9265 57th Ave S
This home is located at 9265 57th Ave S in Seattle, WA and zip code 98118 in the Southeast neighborhood. This 4,590 square foot home, which was built in 1923, sits on a 0.11 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 23, 2025 and is currently priced at $1,799,888.
While more than 53 listings in Seattle, WA in January 2025 were sold above asking price, there were more than 139 listings sold at asking price, and more than 161 were sold below. In January 2025 in Seattle, WA there were 13.3% more homes for sale than in December. Listings spent 56 days on the market in January 2025, and had a median list price of $849,552 during the same period.
From Rocket Homes Real Estate and based on county public records data.