172 16th Avenue, Seattle, WA 98122 (MLS # 2514777)

Listing provided courtesy of Northwest MLS; Windermere Real Estate Midtown

PRICE	$1,600,000
BEDS	0
BATHS	0
HOME SIZE	2,940 sqft
LOT SIZE	3,302 sqft

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Exceptional owner / investor opportunity on a quiet, residential corner in the Central District. This 3,300 SF lot has a well-maintained & charming triplex with a non-conforming 4th unit, plus a 1 bd/1bth detached additional dwelling unit (DADU) built in 2017. Although there are 5 income generating units, this property qualifies for residential financing, opening the door to more attractive lending options. The fourplex has one 2 bd/1 bth and three 1 bd/1 bth units, each with updated systems, kitchens, and baths. Each floor plan is unique with lots of light, in-unit washer / dryer, dedicated outdoor space, and some featuring views of the Seattle skyline. The 1bd/1 bth DADU features an open floor plan with a modern design and a loft area for additional living space. Long-term development potential with the corner lot and LR2 zoning. Excellent opportunity for an investor seeking stable cash flow in a high-demand location or an owner-occupant looking to offset their mortgage payment with rental income.

LAST UPDATED	4/29/2026	TRACT	Central Area
YEAR BUILT	1900	COMMUNITY	Central Area
COUNTY	King	STATUS	Active
PROPERTY TYPE(S)	Multi Family

SCHOOLS

Elementary School	Bailey Gatzert
Jr. High School	Wash Mid
High School	Garfield High

ADDITIONAL DETAILS
AIR	None
AREA	390 - Central Seattle
CONSTRUCTION	Cement Siding, Wood Siding
HEAT	Electric, Forced Air, Natural Gas, Wall Furnace
LOT	3302 sq ft
LOT DESCRIPTION	Corner Lot, Curbs, Paved, Sidewalk
LOT DIMENSIONS	33x100
MLS STATUS	Active
STORIES	2
STYLE	54 - 4-Plex
SUBDIVISION	Central Area
TAXES	11050
UTILITIES	Cable Available, Sewer Connected
VIEW	Yes
VIEW DESCRIPTION	City, Territorial
WATER	Public
ZONING	Multi-Family,Residential

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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 4/30/26 1:17 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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