$1,399,000
Est. $7,749/mo2,894 sq ft
2475 55th Avenue SW, Seattle, WA 98116
• Listed Oct 13, 2026•1 day active · 1 cumulative
Listing Broker: Century 21 Van Dorm Realty; Kent Stottlemyre; 360-791-1855; stottlemyre@msn.com
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Listing Broker: Century 21 Van Dorm Realty; Kent Stottlemyre; 360-791-1855; stottlemyre@msn.com
About this home
Great investment and location in West Seattle within 2 blocks of highly desired Alki Beach Park. Tenants love to walk to restaurants, bars, parks, trails, bike trails and sandy Alki Beach. Built in 1988 and has been nicely maintained 4-plex multifamily. Two of the rental units have 2 bedrooms and 1 bathroom, and two of the rental units have 1 bedroom and 1 bathroom. Each unit has inside washer and dryer hook-up. Each unit has private patio or balcony. Each unit has 1 parking space on the property. Less than 20 minutes to downtown Seattle.
Listed by Kent Stottlemyre • Century 21 Van Dorm Realty
Listing updated: October 14, 2026 at 08:26am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2593577
Around this home
How much should you offer?
2475 55th Avenue SW, Seattle, WA 98116
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
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.
Property details
Layout
- 4-Plex
Flooring
- Ceramic Tile
- Laminate
- Vinyl
- Carpet
Heating & cooling
- Baseboard heating
- None cooling
Schools
Ratings via SchoolDiggerSeattle School District
- Buyer To VerifyPublic · Grades Elementary—
- Buyer To VerifyPublic · Grades Middle—
- Buyer To VerifyPublic · Grades High—
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.
Multi-family facts
As entered by the listing broker on Northwest MLS
Units
- Total units
- 4
- Units in building
- 4
- Units below grade
- false
- Building square feet
- 2,894 sq ft
Income & expenses
- Gross scheduled income
- $92,280
- Total monthly income
- $7,690
- Gross adjusted income
- $92,280
- Net operating income
- $63,372
- Cap rate
- 4.52%
- Gross rent multiplier
- 15.16
- Total expenses
- $28,908
- Insurance
- $3,479
- Electric
- $840
- Other expenses
- $11,268
- Water / sewer / garbage paid by
- 0
Parking & storage
- Parking spaces
- 4
- Uncovered parking
- 4
Taxes & assessment
- Annual taxes
- $13,321
- Tax year
- 2026
- Financing
- Cash, Conventional
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Sales & Tax Records for 2475 55th Avenue SW
NWMLS via MLS Grid · King County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Oct 13, 2026ListedNWMLS via MLS Grid · #2593577$1,399,000$483/sq ft
- May 12, 1994Recorded saleKing County recorder · Warranty deed$335,000$116/sq ft
Mortgage payment forecast
$9,209 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
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Listing Broker: Century 21 Van Dorm Realty; Kent Stottlemyre; 360-791-1855; stottlemyre@msn.com
Market pulse
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 58 days.
Recent sales nearby
Within 1 mile · last 6 months$1,295,000 Sold
1 day ago
•Single Family
3604 Beach Drive SW, Seattle, WA 98116
4%
Under list
140
Days on market
0.7 mi
Distance
$1,000,000 Sold
1 week ago
4 bd•1.75 ba•~1,930 sq ft•Single Family
1921 41st Avenue SW, Seattle, WA 98116
0%
Over list
25
Days on market
1.0 mi
Distance
$1,437,000 Sold
1 week ago
4 bd•3 ba•~2,820 sq ft•Single Family
3016 47th Avenue SW, Seattle, WA 98116
4%
Over list
25
Days on market
0.8 mi
Distance
$970,000 Sold
2 weeks ago
3 bd•1.75 ba•~2,060 sq ft•Single Family
2316 41st Avenue SW, Seattle, WA 98116
3%
Under list
34
Days on market
0.9 mi
Distance
$1,300,000 Sold
2 weeks ago
3 bd•2.5 ba•~2,300 sq ft•Single Family
3435 61st Avenue SW, Seattle, WA 98116
4%
Over list
14
Days on market
0.6 mi
Distance
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 Oct 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of October 14, 2026 at 11:11 PM PT (date and time MLS GRID Data was obtained). 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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