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7132 47th Ave SW
Multi-Family
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$1,185,000

$430/sqft

7132 47th Ave SW, Seattle

Great $/sqft
6 bd·4 ba·2,754 sqft
Built 19605,249 sqft lotGatewood

7132 47th Ave SW, Seattle, WA

6 bd · 4 ba · 2,754 sqft Multi-Family listed at $1,185,000, built in 1960 in the Gatewood neighborhood.

About this home

Outstanding income-producing four-plex in West Seattle, ideally located near Lincoln Park, transit, shopping, and waterfront amenities. Property includes one renovated studio unit along with three 2-bed, 1-bath units-each offering functional layouts and reliable tenancy. Strong rental history, consistent performance, and professional management make this an attractive opportunity for investors seeking stability and long-term value. Well-maintained building with proven income, set in a prime location with steady demand. A solid addition to any investment portfolio.

Property details

Price
$1,185,000
Bedrooms
6
Bathrooms
4
Interior
2,754 sqft
Price / sqft
$430
Year built
1960
Lot size
5,249 sqft
Type
Multi-Family
Days on market
154
Est. property tax
$11,021/yr · $918/mo · 0.93% WA avg
Last sold
$865,000 · Dec 2020

Estimated monthly payment

Down payment20% ($237,000)
Interest rate6.75%
Principal & Interest$6,149
Property Tax$1,086
Insurance$150
Total$7,385/mo

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Price history

0.8%Most recent change on 2026-02-13: $1,195,000$1,185,000.

$1.31M$598K$-118K$245K on Jul 91 (Sold)$480K on Sep 03 (Sold)$800K on Apr 07 (Sold)$825K on Dec 20 (Sold)$865K on Dec 20 (Sold)$1K on Apr 25 (Price change)$1.20M on Nov 25 (Initial list)$1.19M on Feb 26 (Price change)
$245K · Jul 91$1.19M · Feb 26
  1. Feb 13, 2026$1,185,000Price change
  2. Nov 23, 2025$1,195,000Initial list price
  3. Apr 8, 2025$1,495Price change
  4. Dec 30, 2020$865,000Sold
  5. Dec 1, 2020$825,000Sold
  6. Apr 3, 2007$800,000Sold
  7. Sep 30, 2003$480,000Sold
  8. Jul 15, 1991$245,000Sold

Location

This home is located in Seattle, WA. Browse more Seattle listings on the Seattle market page or explore the full Seattle market report.

Home Intelligence

Neighborhood (zip 98136)

This neighborhood is highly educated (44% hold a bachelor's degree). Median age is 40.1; 66% of homes are owner-occupied; median household income is $144,659.

Median income
$144,659
Median age
40.1
Owner-occupied
65.5%
Bachelor's degree
43.5%
Census median home value
$857,700

Source: US Census Bureau American Community Survey 5-year estimates.

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