2307 E Columbia Street, Seattle, WA 98122

$775,000
1,370
SqFt

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Listing courtesy of Windermere R E Mount Baker.

List Price
$775,000
Status
ACTIVE
MLS#
2579713
Days on Market
0
Style
52 - Duplex
Building Condition
Average
Finished SqFt
1,370
Area Total SqFt
1370
Annual Tax Ammount
7020.59
Internet Provider
Xfinity/Astound
Lot Size (sq ft)
2,400
Sewer
Sewer Connected

Property Description

Own in central Seattle and let the second unit help offset the cost of ownership. This vacant Central Area duplex offers two 2-bedroom, 1-bath units, each with its own kitchen, in-unit laundry and lockable entry; the upper unit adds a small bonus room with walk-in closet. Live in one and rent the other. For multigenerational living, it offers that hard-to-find balance: close enough to be together, with enough separation for privacy. Or use the second unit for a long-term or furnished mid-term rental strategy. One block north of 23rd & Cherry, transit is close at hand, with Seattle University, Seattle Central College, nearby medical centers and the 23rd & Union hub all within easy reach. That close-in location works twice: it makes everyday life easier for an owner and puts the second unit near the places many renters need to be. Walk Score 90 and Bike Score 98 underscore the convenience. Just inside the shared front entry, a classic wood staircase leads to the upper unit, with front- and east-facing windows bringing natural light along the way. A shared covered front porch and fully fenced backyard add useful outdoor space, while the 1906 exterior brings classic Seattle street presence. Longstanding rental use and vacant delivery give the next owner room to shape the property around their own living and rental plans. In a neighborhood where daily needs, local favorites and major destinations are close by, this is a flexible way to put down roots in the heart of the city.

Additional Information

List Date
2026-09-09 16:50:12
Community
Central Area
Net Operating Income
$30,790
Gross Adjusted Income
$43,309
Gross Scheduled Income
$45,588
Total Monthly Income
$3,799
Insurance Expenses
$938
Water/Sewer/Garbage Expenses
$4,560
Gross Rent Multiplier
17.01
Total Expenses
$12,518
Cap Rate
3.9699999999999998
Vacancy Rate
5
Total Number of Units
2
Unit Name
2307
Potential Terms
Cash, Conventional
Year Built
1906
View
Territorial
Roof
Composition
Site Features
Cable TV, Fenced-Fully, High Speed Internet
Energy Source
Electric
School District
Seattle
Elementary School
Madrona Elementary
Middle School
Meany Mid
High School
Garfield High
Total Monthly Income
$3,799
Gross Scheduled Income
$45,588
Vacancy Rate
5
Gross Adjusted Income
$43,309
Tax Year
2026
Insurance Expense
$938
W/S/G Expenses
$4,560
Total Expenses
$12,518
Net Operating Income
$30,790
Gross Rent Multiplier
17.01
Cap Rate
3.9699999999999998
Based on information submitted to the MLS GRID as of . 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.
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