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

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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 2:14 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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