$1,495,000
Est. $7,536/mo172 16th Avenue, Seattle, WA 98122
• Listed 2026-04-29•20 days on market
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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.
Listed by Lauren Hendricks • Windermere Real Estate Midtown
Listing updated: May 29, 2026 at 03:13pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2514777
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172 16th Avenue, Seattle, WA 98122
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Esra Como · Every Door Real Estate
Seattle is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 7 days.
$3,100 Sold
2 months ago
3 bd•
1920 E Jefferson Street #b, Seattle, WA 98122
0%
Over list
—
Days on market
0.3 mi
Distance
$700,000 Sold
3 months ago
2 bd•2 ba•~967 sq ft•Single Family
1120 16th Avenue #c, Seattle, WA 98122
0%
Over list
—
Days on market
0.6 mi
Distance
$699,000 Sold
3 months ago
2 bd•1 ba•~1,365 sq ft•Single Family
1508 #b 18th Ave #b, Seattle, WA 98122
0%
Over list
—
Days on market
0.8 mi
Distance
$715,000 Sold
4 months ago
3 bd•2 ba•~1,208 sq ft•Single Family
917 23rd Avenue, Seattle, WA 98122
0%
Over list
—
Days on market
0.6 mi
Distance
$680,000 Sold
4 months ago
2 bd•0.5 ba•~1,106 sq ft•Single Family
225 24th Avenue, Seattle, WA 98122
3%
Under list
—
Days on market
0.4 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
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Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
Seattle School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
