2508 N 50th Street, Seattle, WA 98103
- $4,000,000
- 7,000
- SqFt
Listing courtesy of Windermere Real Estate Co.. Selling Office: Momentum Venture Partners LLC.
- Sold Price
- $4,000,000
- List Price
- $4,800,000
- Status
- SOLD
- MLS#
- 2370483
- Closing Date
- Mar 02, 2026
- Days on Market
- 64
- Style
- 56 - 10+ Units
- Finished SqFt
- 7,000
- Area Total SqFt
- 7000
- Annual Tax Ammount
- 23300
- Lot Size (sq ft)
- 5,225
- Sewer
- Sewer Connected
Property Description
Rare opportunity to acquire a stable, mixed-use asset in the heart of Wallingford one of Seattle's most sought-after neighborhoods. This three-story building features 17 residential units and ground-level retail, offering strong in-place income with value-add potential. Its proximity to UW, walkable amenities, and diverse unit mix make it a recession-resistant investment with long-term appreciation upside. Ideal for investors seeking a well-located, income-generating property in a high-demand urban setting.
Additional Information
- List Date
- 2025-12-28 00:00:00
- Community
- Wallingford
- Total Monthly Income
- $30,707
- Total Expenses
- $23,300
- Cap Rate
- 5.7
- Total Number of Units
- 1
- Unit Name
- 2508
- Potential Terms
- Cash, Conventional
- Year Built
- 2019
- Roof
- Flat
- Energy Source
- Electric
- School District
- Seattle
- Total Monthly Income
- $30,707
- Tax Year
- 2025
- Total Expenses
- $23,300
- Cap Rate
- 5.7
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