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411 28th Ave S
Seattle, WA 98144 Leschi

$975,000 USD

Apartments For Sale  •  2,800 SF

Property Details

• Property Type Apartments
• Total Building Size 2,800 SF
• Lot Size 0.1 AC
• Building Class C
• Year Built 1901
• Cap Rate 6.45 %
• Zoning RSL (M)

60 Transit Score

80 Walk Score

Highlights

All 1BD/1BTH – 700 SF units

Current CAP rate of 6.5%

Fully renovated in 2017

Centrally located in Leschi

Full size W/D in each unit

3 off-street parking spaces

Property Flyers

Leschi Four-Unit

Financial Summary (Actual)

Net Operating Income: $62,895 USD (2024)

Cap Rate:

6.45 %

Amenities

• Balcony
• Microwave
• Washer/Dryer
• Heating
• Kitchen
• Hardwood Floors
• Refrigerator
• Oven
• Stainless Steel Appliances
• Range
• Walk-In Closets
• Storage Space
• Deck
• Porch
• Vinyl Flooring
• Quartz Countertops

Public Transportation

Commuter Rail	Drive	Walk	Distance
King Street (Seattle) Station (Everett - Seattle - Sound Transit, Seattle - Tacoma/Lakewood - Sound Transit, Sounder South Line - Sound Transit)	6 min	-	1.9 mi
Transit/Subway	Drive	Walk	Distance
12Th & Jackson (First Hill Streetcar - City of Seattle)	4 min	17 min	0.9 mi
14Th & Washington (First Hill Streetcar - City of Seattle)	3 min	18 min	1.0 mi
Airport	Drive	Walk	Distance
Seattle-Tacoma International	28 min	-	15.7 mi
Seattle Paine Field International	39 min	-	25.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	3
Type:	Surface
Included in Rent:	Yes