Views
Address
1120 N 91st Street, Seattle, WA
Price
$ 1,300,000
Property Attributes
- ID#2492452
- TypeMulti-Family
- CountyKING
- CitySeattle
- AreaBallard-Greenlake
- NeighborhoodLicton Springs
- Zip98103
- Style5-9 Units
- Year Built1986
- Taxes$ 11916
- Price$ 1,300,000
- Bedrooms0
- Full Bathrooms8
- Half Bathrooms0
- Sqr Footage3200
- Lot Size0.0863 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description
Turn-key 8-unit asset with strong income potential and multiple operating strategies. Property is currently configured as hotel-style studio units, each fully furnished with a full bath and kitchenette, and was previously operated as overflow lodging for a nearby hotel. Units are separately metered for electric, providing flexibility to continue as short-term or extended-stay lodging, or reposition as long-term rentals for more traditional multifamily cash flow. Strong rent-per-square-foot potential with additional value-add upside. Property features 8 ground-level parking spaces plus a second-floor storage room already plumbed for future laundry installation. First time on the market — owned by the original owner with recent roof replacement and major capital improvements already completed. Excellent access to I-5 and Hwy 99, with close proximity to downtown supporting consistent rental demand and long-term investment appeal.
| Price History | |
|---|---|
| 3/13/2026 | Listed $1,567,500 |
| 5/19/2026 | 18$1,300,000 |
General Features
| Sewer | Sewer Connected |
|---|---|
| Heating | Wall Furnace |
| Cooling | Wall Unit(s) |
| Possession | Closing |
| Roof | Torch Down |
| Garage Spaces | 5 |
| Year Built | 1986 |
| View | Territorial |
| Property Subtype | Multi Family |
| Tax Year | 2025 |
| County | King |
| Net Operating Income | 97496 |
| Insurance Expense | 2800 |
| New Construction | No |
| Property Type | Residential Income |
| HOA | No |
| Energy Efficient | Thermal Windows |
| Subdivision Name | Licton Springs |
| Possible Use | Commercial,Multi-Family,Residential,Retail |
| Special Listing Conditions | None |
| Status | Active |
| Directions | Aurora to 91st |
| City | Seattle |
| Senior Community Y/N | No |
| High School District | Seattle |
| Zoning Description | Commercial,Multi-Family,Residential,Retail |
| Number Of Units Total | 8 |
| MLS Area | 705 - Ballard/Greenlake |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 3760 |
| Carport Y/N | No |
| Listing Terms | Cash |
| Tax Annual Amount | 11916 |
| Electric Expense | 500 |
| Property Condition | Good |
| Public Remarks | Turn-key 8-unit asset with strong income potential and multiple operating strategies. Property is currently configured as hotel-style studio units,each fully furnished with a full bath and kitchenett |
| Leasable Area | 3200 |
| Structure Type | Multi Family |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Amenities | See Remarks,Thermal Windows |
| Units Below Grade | false |
| Units In Building Total | 8 |
| Water Sewer Garbage | 8000 |
| Property Style | 55 - 5-9 Units |
| Cap Rate | 7.5 |
| NWM_ShowMapLink | Yes |
Interior Features
| Flooring | Ceramic Tile,Laminate,Vinyl Plank,Carpet |
|---|---|
| Total Stories | 3 |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Power Production Type | Electric |
Exterior Features
| Exterior Amenities | Metal/Vinyl |
|---|---|
| Lot Features | Curbs,Sidewalk |
| Water Source | Public |
| Total Parking | 8 |
| Foundation Details | Poured Concrete |
| Building Area Total | 3200 |
| Lot Size Acres | 0.0863 |
| Waterfront Y/N | No |
| Covered Spaces | 5 |
| Irrigation Water Rights Y/N | No |
| Parking Uncovered Total | 3 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 98103
Price
Taxes
Year Built
Visits
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