Pasadena Place is a rare eight-unit multifamily opportunity located just minutes from the University of Washington, consisting of five townhomes and one triplex across three buildings. All townhomes were built in 2008, the triplex was built in 1927 and renovated in 2025. The property offers a desirable mix of… Read More spacious 2-, 3-, and 4-bedroom units averaging approximately 1,000 square feet, creating broad rental appeal in a high-demand neighborhood. All units in the triplex and one townhome have been recently renovated, while the remaining townhomes present a clear value-add opportunity through interior upgrades. Pasadena Place offers investors both stable in-place cash flow and future rental upside. Read Less
Listing courtesy of Real Broker LLC
Listing Snapshot
Cumulative Days On Market
87
Days on Website
87
Last Updated
Property Type
Multi Family
Square Ft.
8,208
Lot Size
0.18 Acres
Year Built
1927
Property Tax
$27,307
MLS Number
2552535
Additional Details
Building
Built in 1927, Built in 2008 (effective), 3 stories, Construction Materials: Wood
Cooling
None
Expenses
Electric: $5,031, Fuel: $5,031, Insurance: $4,500, Other Expense: $9,940
Exterior Features
Wood, Wood Products
Floors
Vinyl Plank, Carpet
Foundation
Poured Concrete
Heating
Baseboard, Forced Air
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $216,300, Net Operating Income: $199,561
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. Listings last updated on ,
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