2011 E James Street, Seattle, WA 98122
- $1,210,000
- 2,300
- SqFt
Listing courtesy of Windermere Real Estate Co.. Selling Office: Real Broker LLC.
- Sold Price
- $1,210,000
- List Price
- $1,259,900
- Status
- SOLD
- MLS#
- 2471407
- Closing Date
- Jul 23, 2026
- Days on Market
- 113
- Style
- 52 - Duplex
- Finished SqFt
- 2,300
- Area Total SqFt
- 2300
- Annual Tax Ammount
- 9454
- Lot Size (sq ft)
- 5,400
- Sewer
- Sewer Connected
Property Description
Welcome to the one you didn't know you were looking for! Legal duplex on a quiet tree-lined street in the sought-after Central Area holds huge potential for owner-occupancy (rental income offsets your mortgage), or investors with current AirBnB on one side and long-term tenants on the other. Sited on a premier corner lot, this historic 1906 treasure features two 3BR/1BA units with full basements, gated parking & large shared yard with mature trees for privacy. Both main floor living areas feature charming built-ins, large windows, separate dining space, and eat-in kitchens. Upstairs both units feature a 3/4 bathroom and all three bedrooms on the same level. New double-pane windows, updated kitchens & baths, and separate laundry areas make both units comfortable and efficient. Commuting is a breeze from here, and restaurants, transit, parks, hospitals, schools and more are just outside your door. Development potential on the large lot (buyer to verify) while collecting rent, or renovate the whole home to suit you. One long-term tenant lease in place through 8/31/26. AirBnB income over $65K since mid-2024 launch; income statements and lease available, furniture negotiable. Cap rate/calculations based on proforma rate, buyer to verify all details.
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Additional Information
- List Date
- 2026-04-01 00:00:00
- Community
- Central Area
- Net Operating Income
- $55,911
- Gross Adjusted Income
- $75,000
- Gross Scheduled Income
- $75,000
- Total Monthly Income
- $6,250
- Insurance Expenses
- $7,239
- Water/Sewer/Garbage Expenses
- $2,396
- Gross Rent Multiplier
- 17.33
- Total Expenses
- $19,089
- Cap Rate
- 4.3
- Total Number of Units
- 2
- Unit Name
- 2011
- Potential Terms
- Cash, Conventional
- Year Built
- 1906
- Roof
- Composition
- Site Features
- Cable TV, Deck, Fenced-Fully, Gas Available, High Speed Internet, Outbuildings
- Energy Source
- Electric, Natural Gas
- School District
- Seattle
- Elementary School
- Buyer To Verify
- Total Monthly Income
- $6,250
- Gross Scheduled Income
- $75,000
- Gross Adjusted Income
- $75,000
- Tax Year
- 2025
- Insurance Expense
- $7,239
- W/S/G Expenses
- $2,396
- Total Expenses
- $19,089
- Net Operating Income
- $55,911
- Gross Rent Multiplier
- 17.33
- Cap Rate
- 4.3
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.