2600 2634 Thorndyke Avenue W, Seattle, WA 98199 (MLS # 2446245)

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Listing provided courtesy of Northwest MLS; Paragon Real Estate Advisors

PRICE $9,250,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 25,724 sqft
LOT SIZE 1.11 ac

Opportunities are Abundant! The Magnolia Portfolio offers a new investor the ability to acquire a 5 building assemblage suitable for a value add opportunity located in a core Seattle area. The current arrangement offers 41 residential units plus 2 commercial spaces and a single family house. All together the assemblage represents 48,462 square feet of LR3 (M) zoned dirt. The property is suitable for immediate development as multiple asset types depending on need allowing a new owner to operate the assets "as is" while navigating the permit process to maintain cash flow.

LAST UPDATED 10/20/2025 TRACT Magnolia
YEAR BUILT 1947 COMMUNITY Magnolia
COUNTY King STATUS Active
PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
AIR None
AREA 700 - Queen Anne/Magnolia
CONSTRUCTION Concrete, Wood Siding
HEAT Baseboard, Electric
LOT 1.1125 acre(s)
MLS STATUS Active
STORIES 4
STYLE 56 - 10+ Units
SUBDIVISION Magnolia
TAXES 87742
UTILITIES Sewer Connected
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 10/21/25 9:13 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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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