2827 SW Nevada Street, Seattle, WA 98126
- $795,000
- 1,440
- SqFt
Listing courtesy of West Seattle Realty.
- List Price
- $795,000
- Status
- ACTIVE
- MLS#
- 2542597
- Days on Market
- 95
- Style
- 52 - Duplex
- Building Condition
- Good
- Finished SqFt
- 1,440
- Area Total SqFt
- 1440
- Annual Tax Ammount
- 7268
- Internet Provider
- Comcast
- Lot Size (sq ft)
- 4,794
- Sewer
- Sewer Connected
Property Description
Turnkey West Seattle Duplex | Modernized Classic with Future Upside Potential! Rare opportunity to own a meticulously maintained multi-home property in the heart of West Seattle. Whether you are looking to house-hack (live in one, rent the other), build a high-yield portfolio, or hold for future development, this property delivers immediate cash-flow potential and long-term appreciation. Peace of mind comes standard with new hot water heaters (2023/2025), new gas furnaces (2016) and updated copper plumbing and electrical. Two identical 2-bed, 1-bath floor plans (720 sq ft each) featuring updated kitchens, bathrooms and individual in-unit laundry. The back unit is freshly painted and features a private, fully fenced yard. Minutes from the fairways of WS Golf Course, the sands of Alki Beach, and the vibrant local shops and dining in the Admiral and Alaska Junctions. Unbeatable commuter access to the West Seattle Bridge, Water Taxi and SeaTac airport. Strategically located near the future Light Rail station, providing significant potential for land value growth. Don’t miss this property in one of Seattle's most vibrant neighborhoods. Your smart-lifestyle investment starts here! CAP Rate and GRS are based on 100% occupancy. Currently 50% occupancy to allow for showings.
Additional Information
- List Date
- 2026-04-24 21:07:11
- Community
- West Seattle
- Net Operating Income
- $30,532
- Gross Adjusted Income
- $43,800
- Gross Scheduled Income
- $43,800
- Total Monthly Income
- $1,450
- Insurance Expenses
- $1,800
- Water/Sewer/Garbage Expenses
- $4,200
- Gross Rent Multiplier
- 18.15
- Total Expenses
- $13,268
- Cap Rate
- 3.84
- Vacancy Rate
- 50
- Total Number of Units
- 2
- Unit Name
- 2827
- Potential Terms
- Cash, Conventional
- Year Built
- 1942
- Roof
- Composition
- Site Features
- Fenced-Fully, Fenced-Partially, Gas Available, Outbuildings
- Energy Source
- Electric, Natural Gas
- School District
- Seattle
- Elementary School
- Lafayette
- Middle School
- Madison Mid
- High School
- West Seattle High
- Total Monthly Income
- $1,450
- Gross Scheduled Income
- $43,800
- Vacancy Rate
- 50
- Gross Adjusted Income
- $43,800
- Tax Year
- 2026
- Insurance Expense
- $1,800
- W/S/G Expenses
- $4,200
- Total Expenses
- $13,268
- Net Operating Income
- $30,532
- Gross Rent Multiplier
- 18.15
- Cap Rate
- 3.84
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.