1822 S King ST #A-D, Seattle, WA 98144
1822 S King ST #A-D, Seattle, WA 98144
1822 S King ST #A-D, Seattle, WA 98144
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Listed by:Kidder Mathews • Dan Swanson
$1,395,000
Est. payment /mo
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5 Beds
4 Baths
2,640 SqFt
New

1822 S King ST #A-D Seattle, WA 98144

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,640 sqft

Price per Sqft $528

Subdivision Central Area

MLS Listing ID 2556067

Style 54 - 4-Plex

Bedrooms 5

Year Built 1988

Annual Tax Amount $10,814

Lot Size 4,800 Sqft

Property Sub-Type Multi Family

Property Description

1822 S King St is a Walkers Paradise with a walk score of 94, placing residents within easy reach of Downtown Seattle, major hospitals, neighborhood restaurants and shops, and convenient transit options. Constructed in 1988 and with a full-gut renovation in 2001, the building features modern systems, updated siding, and upgraded exterior stairs. Units fully renovated in 2019 with contemporary finishes, including updated kitchens and bathrooms, in-unit laundry, and 3 of four units with dishwashers. The property offers an attractive and efficient unit mix consisting of 3 one-bed units and 1 two-bed unit. The upper units each have 2 operable skylights and views of Downtown Seattle, the Olympics, and the Stadium. Each unit has its own private patio, providing desirable outdoor space rarely found in similar properties. Additional amenities include 4 off-street parking spaces. Notably, the property has demonstrated success as a short-term rental, with 1 of the one-bed units currently furnished and achieving stable income diversification. This presents a proven model for additional income generation across other units, while also offering flexibility for a future owner to pursue a mix of short-term and long-term rental strategies. With strong in-place operations, additional upside through the implementation of utility bill-backs, and a proven alternative short-term rental income strategy, the property offers investors both stability and future income growth potential.

Location

State WA

County King

Area 390 - Central Seattle

Interior

Fireplace false

Exterior

Exterior Feature Metal/Vinyl

Amenities Available Fenced-Partially, High Speed Internet, Patio

View Y/N Yes

View City, Mountains

Roof Type Composition

Building

Lot Description Curbs, Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Bailey Gatzert

Middle Schools Wash Mid

High Schools Garfield High

School District Seattle

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


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Adrian Chu

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1822 S King ST #A-D