172 16th Avenue Seattle, WA 98122
Listing Courtesy of: MLS LogoNorthwest MLS as distributed by MLS GRID / Windermere Real Estate Midtown / Lauren Hendricks

  172 16th Avenue Seattle, WA 98122

Active (1 Days)
$1,600,000 (USD)

Description

Exceptional owner / investor opportunity on a quiet, residential corner in the Central District. This 3,300 SF lot has a well-maintained & charming triplex with a non-conforming 4th unit, plus a 1 bd/1bth detached additional dwelling unit (DADU) built in 2017. Although there are 5 income generating units, this property qualifies for residential financing, opening the door to more attractive lending options. The fourplex has one 2 bd/1 bth and three 1 bd/1 bth units, each with updated systems, kitchens, and baths. Each floor plan is unique with lots of light, in-unit washer / dryer, dedicated outdoor space, and some featuring views of the Seattle skyline. The 1bd/1 bth DADU features an open floor plan with a modern design and a loft area for additional living space. Long-term development potential with the corner lot and LR2 zoning. Excellent opportunity for an investor seeking stable cash flow in a high-demand location or an owner-occupant looking to offset their mortgage payment with rental income.

MLS #:
2514777
Taxes
$11,050(2026)
Lot Size
3,300 SQFT
Type
Multifamily
Building Name
Hallers Add N 33 Ft
Year Built
1900
Style
4-Plex
Views
City, Territorial
School District
Seattle
County
King County
Community
Central Area

Listed By

Lauren Hendricks, Windermere Real Estate Midtown
Source
Northwest MLS
Last checked Apr 30 2026 at 10:57 AM GMT+0000
Bathroom Details
Subdivision
  • Central Area
Lot Information
  • Corner Lot
  • Curbs
  • Sidewalk
  • Paved
Property Features
  • Deck
  • Gas Available
  • Patio
  • Cable Tv
  • High Speed Internet
  • Fenced-Partially
  • Fireplace: 0
  • Foundation: Poured Concrete
Heating and Cooling
  • Forced Air
  • Wall Furnace
Flooring
  • Carpet
  • Softwood
  • Vinyl Plank
  • Ceramic Tile
Exterior Features
  • Wood
  • Cement Planked
  • Roof: Composition
  • Roof: Torch Down
Utility Information
  • Sewer: Sewer Connected
  • Fuel: Electric, Natural Gas
  • Energy: Green Efficiency: Thermal Windows
School Information
  • Elementary School: Bailey Gatzert
  • Middle School: Wash Mid
  • High School: Garfield High
Additional Listing Info
  • Buyer Brokerage Compensation: 2.5
Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

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Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.
Based on information submitted to the MLS GRID as of 4/30/2026 10:57. 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.