$1,950,000
Est. $10,568/mo5,814 sq ft
1404 25th Avenue, Seattle, WA 98122
• Listed Nov 10, 2026•New today
Listing Broker: Paragon Real Estate Advisors; Nick Hemming; 206-812-9105; nhemming@paragonrea.com
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Listing Broker: Paragon Real Estate Advisors; Nick Hemming; 206-812-9105; nhemming@paragonrea.com
About this home
The Crawford House is a fully renovated 11-unit multifamily investment opportunity at 1404 25th Avenue in Seattle’s Central District. The property pairs a modern, low-maintenance exterior and updated interiors with a highly walkable, close-in location. It offers investors a turnkey asset with stable in-place income and long-term upside in one of Seattle’s most transformed urban neighborhoods. The Crawford House consists of one studio and ten one-bedroom/one-bathroom units of approximately 500 square feet. The building has been comprehensively updated with a contemporary exterior: modern panel siding with bright accent panels, horizontal wood slat cladding, a covered entry with updated doors and signage, and horizontal cedar privacy fencing with landscaped beds along the street. Unit interiors feature vinyl plank flooring, refreshed paint, and modern electric wall heaters. Kitchens include dark wood cabinetry, quartz countertops, tile backsplashes, and stainless steel appliances. Bathrooms have been updated with wood-tone vanities, tile flooring, and tub/shower combinations. The property also offers an on-site laundry room, a paved rear courtyard enclosed by cedar fencing, and three off-street parking spaces. Residents enjoy quick access to Capitol Hill, Madison Valley, Downtown Seattle, and First Hill’s medical and employment centers, along with strong transit connections throughout the city.
Listed by Nick Hemming • Paragon Real Estate Advisors
Listing updated: November 10, 2026 at 08:34am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2602000
Around this home
How much should you offer?
1404 25th Avenue, Seattle, WA 98122
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
- 10+ Units
Flooring
- Laminate
Heating & cooling
- Wall Furnace heating
- None cooling
Schools
Ratings via SchoolDigger- Madrona K-5 SchoolPublic · Grades PK-5 · 0.4 mi · State rank 613 of 1,1384/10
- Edmonds S. Meany Middle SchoolPublic · Grades 6-8 · 0.7 mi · State rank 185 of 5146/10
- Nova High SchoolPublic · Grades 9-12 · 0.3 mi—
Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.
Multi-family facts
As entered by the listing broker on Northwest MLS
Units
- Total units
- 11
- Units in building
- 11
- Units below grade
- false
- Building square feet
- 5,814 sq ft
Income & expenses
- Gross scheduled income
- $194,010
- Total monthly income
- $16,168
- Additional monthly income
- $593
- Gross adjusted income
- $184,310
- Net operating income
- $108,920
- Cap rate
- 5.59%
- Gross rent multiplier
- 10.05
- Vacancy rate
- 5%
- Total expenses
- $75,390
- Insurance
- $8,800
- Other expenses
- $23,966
- Water / sewer / garbage paid by
- 14998
Parking & storage
- Parking spaces
- 3
- Uncovered parking
- 3
Taxes & assessment
- Annual taxes
- $27,626
- Tax year
- 2026
- Financing
- Cash, Conventional, Owner Will Carry
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 1404 25th Avenue
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.
- Nov 10, 2026ListedNWMLS via MLS Grid · #2602000$1,950,000$335/sq ft
- Nov 3, 2014Recorded saleKing County recorder · Statutory warranty deed$1,997,800$344/sq ft
- Jan 31, 2014SoldNWMLS via MLS Grid · #578081$825,000$142/sq ft
- Jan 17, 2014PendingNWMLS via MLS Grid · #578081$699,000$120/sq ft
- Jan 4, 2014ListedNWMLS via MLS Grid · #578081$699,000$120/sq ft
Mortgage payment forecast
$13,358 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: Paragon Real Estate Advisors; Nick Hemming; 206-812-9105; nhemming@paragonrea.com
Market pulse
Seattle is a buyer's market.
Inventory is rising and homes are sitting longer. Buyers have room to negotiate.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells for about 1% below list price.
Time on market: The average home goes pending in around 63 days.
Recent sales nearby
Within 1 mile · last 6 months$1,968,000 Sold
0 days ago
5 bd•3.5 ba•~3,531 sq ft•Single Family
1441 Madrona Drive, Seattle, WA 98122
2%
Under list
12
Days on market
0.8 mi
Distance
$1,200,000 Sold
1 day ago
4 bd•2.5 ba•~2,080 sq ft•Single Family
906 29th Avenue, Seattle, WA 98122
2%
Under list
52
Days on market
0.3 mi
Distance
$2,150,000 Sold
4 days ago
4 bd•3.75 ba•~3,620 sq ft•Single Family
1729 34th Avenue, Seattle, WA 98122
6%
Under list
128
Days on market
0.6 mi
Distance
$2,400,000 Sold
6 days ago
6 bd•3.75 ba•~3,400 sq ft•Single Family
1123 31st Avenue, Seattle, WA 98122
4%
Under list
63
Days on market
0.3 mi
Distance
$1,160,000 Sold
2 weeks ago
3 bd•1.5 ba•~1,695 sq ft•Single Family
822 31st Avenue, Seattle, WA 98122
5%
Under list
37
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.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Nov 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 November 10, 2026 at 1:36 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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