LISTING DETAILS

2515 Belvidere Avenue SW

2515 Belvidere Ave SW Seattle WA 98126

Listing #: 692341 | Status: Available | Last Modified: 12/4/2025

Showing Instructions
Call Listing Agent	No
Use Discretion	No

Investment Information
Investment Prop	Yes
Gross Income	276,660
Vacancy Factor %	0.00%
Operating Expenses	63,860
Net Operating Income	212,800
CAP Rate	4.63 %

Detail Listing Information
Min Total SF	0 SF
Max Total SF	0 SF
Lease Rate Low	$ 0.00
Lease Rate High	$ 0.00

Retail Information
Signage	Signage on Building and Freestanding

Financial Summary
CAP Rate	4.626

Building Information
Building Status	Existing
# of Buildings	5
# of Floors	2
# of Units	13
Total Building SF	8,705 SF
Net Rentable Area	8,705 SF
Total Office SF	0 SF
Largest Contiguous SF	0 SF
Lot SF	18,923 SF
Acres	0.43
Year Built	1937
Year Renovated	2023
Construction Type	Wood

Property Type
Property Type	Multi-Family

Location
County	King
Cross Street	Admiral Way
Market Area	West Seattle
Tax ID #	9275701850
Zoning	NR3

Parking Information
#Covered Spaces	0
# Uncovered Spaces	1
Total Parking Spots	1

Public Comments

ONCE IN A LIFETIME INVESTMENT OPPORTUNITY: Welcome to North Admiral, one of West Seattle's premier locations and home to the Sasonoff 13 Unit Apartment Complex. A combination of four duplexes and a five unit Apartment Building. Great numbers with a currant annual GSI of $276,600.00. With $63,860 in annual expenses (23%) this is a true performing 4.63% capitalization Rate. Family owned and well managed for over 40 years. Each of the three Duplex' offers decks. There is a one car detached garage (owner uses for storage) for extra income and coin op laundry facilities (income not included in GSI). 18,362 Sq. feet of NR3 zoned property. Please call helpful listing agent for details, showings and financials.

2515 Belvidere Avenue SW
2515 Belvidere Ave SW Seattle WA 98126

Listing #: 692341 | Status: Available | Listing Date: 2/4/2025 | Last Modified: 12/4/2025 | Email Listing

For Sale

2515 Belvidere Avenue SW

Listing Images