$860,000
Est. $4,426/mo4207 S Bateman Street, Seattle, WA 98118
• Listed 2026-05-11•1 day on market
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**NEW PRICE + SELLER INCENTIVE!** Seller is offering up to $10,000 toward buyer closing costs with an acceptable offer. Fully occupied Seattle triplex offering immediate income and long-term investment potential in the Rainier Valley corridor. Current gross scheduled income of $72,600/year with an underwritten NOI of approximately $46,168. Two 1BR/1BA units plus a spacious 3BR/2BA provide diversified rental income, with potential for future growth as leases and applicable regulations allow. SIX off-alley parking spaces offer a rare and valuable amenity. Each unit includes range/oven, refrigerator, dishwasher, washer/dryer, and AC. Documented multi-year maintenance history reflects consistent property care. Conveniently located between Hillman City and Brighton with access to Rainier Ave S, I-5, I-90, light rail, transit, parks, neighborhood amenities, and major employment centers. An attractive opportunity for investors or 1031 exchange buyers seeking an occupied Seattle multifamily asset with income from day one and future optimization potential. Financials, rent roll, and maintenance records available for buyer review. Buyer to verify all financial information and comply with existing leases and applicable landlord-tenant requirements.
Listed by Velia Sierra • eXp Realty
Listing updated: August 16, 2026 at 11:55pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2521049
Open houses
No upcoming open houses scheduled for this property.
RexMont Value Snapshot
We found recent nearby sales, but not enough that are similar enough to publish an automated value signal for this home.
Ask RexMont to verify value4207 S Bateman Street, Seattle, WA 98118
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
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Seattle is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 14 days.
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Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Aug 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.
