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

Listing provided courtesy of Northwest MLS; Paragon Real Estate Advisors

PRICE	$8,325,000
BEDS	0
BATHS	0
HOME SIZE	25,724 sqft
LOT SIZE	1.11 ac

Request More Info Schedule a Showing

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	2/25/2026	TRACT	Magnolia
YEAR BUILT	1947	COMMUNITY	Magnolia
GARAGE SPACES	1.0	COUNTY	King
STATUS	Active	PROPERTY TYPE(S)	Multi Family

PRICE HISTORY
Prior to Feb 25, '26	$9,250,000
Feb 25, '26 - Today	$8,325,000

ADDITIONAL DETAILS
AIR	None
AREA	700 - Queen Anne/Magnolia
CONSTRUCTION	Wood Siding
GARAGE	Yes
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

TERM

SELLING PRICE

DOWN PAYMENT

INTEREST RATE

INSURANCE RATE

MONTHLY TAX

MONTHLY INSURANCE

TOTAL MONTHLY PAYMENT

Principal+Interest

*Estimate only

SATELLITE VIEW

First Name
Last Name
Phone Number
Email Address
Comments
Schedule a Showing?	/

We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Sage Sanders to contact you even if your name is on a Federal or State "Do not call List".

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 2/26/26 7:15 PM PST. 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.

DMCA Notice

Logo