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109 115 30th Ave
Multi-Family
New
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$2,700,000

$444/sqft

109 115 30th Ave, Seattle

Great $/sqft
12 bd·8 ba·6,080 sqft
Built 192914,710 sqft lotLeschi

109 115 30th Ave, Seattle, WA

12 bd · 8 ba · 6,080 sqft Multi-Family listed at $2,700,000, built in 1929 in the Leschi neighborhood.

About this home

Leschi Flats is a turnkey asset in one of Seattle's most desirable neighborhoods. The property enjoys views of Lake Washington and convenient access to nearby parks, dining, and major employers. It consists of 2 side-by-side fourplexes on individual parcels that showcase a charming vintage aesthetic, thoughtfully enhanced by a 2012 remodel. This extensive renovation included all new plumbing and electrical systems, along with fully updated kitchens, baths, and living spaces. The units offer in-unit laundry and dishwashers. Additional features include high-quality finishes such as Andersen Fibrex windows in most units, fire sprinklers throughout, and secured entry with both front and back access for each residence. The unit mix is comprised of 4 one-bed and 4 two-bed units - all designed as corner units with high ceilings and abundant natural light. Each is individually metered for water with dedicated shutoffs already in place, providing a clear path to implementing a utility bill-back system. Significant upside exists through raising rents and increasing parking/storage fees. There are 9 total parking spaces (8 off-street stalls and a large garage). Additional amenities include a BBQ area and Zen Garden, as well as owner's office and storage space. The property's LR1 (M) zoning and 14,711-SF lot size present a compelling land bank opportunity for future development. In addition, the 2 fourplexes can be financed separately with residential financing.

Property details

Price
$2,700,000
Bedrooms
12
Bathrooms
8
Interior
6,080 sqft
Price / sqft
$444
Year built
1929
Lot size
14,710 sqft
Type
Multi-Family
Days on market
11
Est. property tax
$25,110/yr · $2,093/mo · 0.93% WA avg
Last sold
$1,080,500 · Dec 2012

Estimated monthly payment

Down payment20% ($540,000)
Interest rate6.75%
Principal & Interest$14,010
Property Tax$2,475
Insurance$150
Total$16,635/mo

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Price history

$2.94M$1.50M$49K$290K on May 84 (Sold)$650K on Jul 98 (Sold)$1.41M on Jun 04 (Sold)$1.46M on Jul 08 (Sold)$850K on Apr 11 (Sold)$1.08M on Dec 12 (Sold)$2.70M on Apr 26 (Initial list)
$290K · May 84$2.70M · Apr 26
  1. Apr 14, 2026$2,700,000Initial list price
  2. Dec 31, 2012$1,080,500Sold
  3. Apr 1, 2011$850,000Sold
  4. Jul 29, 2008$1,462,500Sold
  5. Jun 11, 2004$1,408,800Sold
  6. Jul 22, 1998$650,000Sold
  7. May 30, 1984$290,000Sold

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 98122)

This neighborhood skews young (median age 31.3) and is highly educated (41% hold a bachelor's degree) and is primarily renter-occupied (27% owner-occupied). Median household income is $94,548.

Median income
$94,548
Median age
31.3
Owner-occupied
26.8%
Bachelor's degree
40.7%
Census median home value
$938,000

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

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