4207 S Bateman Street, Seattle, WA 98118
- $860,000
- 2,740
- SqFt
Listing courtesy of eXp Realty.
- List Price
- $860,000
- Status
- ACTIVE
- MLS#
- 2521049
- Price Change
- ▼ $35,000 1785113086
- Days on Market
- 111
- Style
- 53 - Tri-plex
- Building Condition
- Very Good
- Finished SqFt
- 2,740
- Area Total SqFt
- 2740
- Annual Tax Ammount
- 8842
- Lot Size (sq ft)
- 5,250
- Sewer
- Sewer Connected
Property Description
NEW PRICE + SELLER INCENTIVE! Seller is offering up to $10,000 toward buyer credit with an acceptable offer. Fully occupied Seattle triplex in the Rainier Valley corridor, offering a compelling blend of current occupancy, versatile unit mix, and long-term potential. The property features two 1-bedroom/1-bath units plus a spacious 3-bedroom/2-bath unit—an appealing layout for a variety of ownership and rental strategies. A standout feature is the rare six off-alley parking spaces, adding everyday convenience and value in a connected Seattle location. Each unit includes range/oven, refrigerator, dishwasher, washer/dryer, and AC. Documented multi-year maintenance history reflects consistent care and pride of ownership. Ideally positioned between Hillman City and Brighton, with convenient access to Rainier Ave S, I-5, I-90, light rail, transit, parks, neighborhood amenities, and major employment centers. An excellent opportunity to own a well-maintained, occupied multifamily property in one of Seattle’s established and evolving neighborhoods. Financial information, rent roll, and maintenance records available for buyer review. Buyer to verify all information and comply with existing leases and applicable landlord-tenant requirements.
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Additional Information
- List Date
- 2026-05-12 01:28:10
- Community
- Brighton
- Net Operating Income
- $46,168
- Gross Adjusted Income
- $68,970
- Gross Scheduled Income
- $72,600
- Total Monthly Income
- $6,050
- Insurance Expenses
- $756
- Water/Sewer/Garbage Expenses
- $5,955
- Gross Rent Multiplier
- 11.85
- Total Expenses
- $22,803
- Cap Rate
- 5.37
- Vacancy Rate
- 5
- Total Number of Units
- 3
- Unit Name
- 4207
- Potential Terms
- Cash, Conventional
- Year Built
- 1952
- View
- Territorial
- Roof
- Composition
- Site Features
- Cable TV, Fenced-Partially, Gas Available, Outbuildings, Patio, RV Parking
- Electric Expenses
- 2410
- Other Expenses
- 3000
- Energy Source
- Electric, Natural Gas
- School District
- Seattle
- Elementary School
- M L King Elem
- Middle School
- Aki Kurose
- High School
- Cleveland High
- Total Monthly Income
- $6,050
- Gross Scheduled Income
- $72,600
- Vacancy Rate
- 5
- Gross Adjusted Income
- $68,970
- Tax Year
- 2026
- Insurance Expense
- $756
- W/S/G Expenses
- $5,955
- Total Expenses
- $22,803
- Net Operating Income
- $46,168
- Gross Rent Multiplier
- 11.85
- Cap Rate
- 5.37
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.