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4207 S Bateman St , Seattle, WA 98118
$895,000
Est. Payment: $4,342.16/mo
5 Bed
4 Bath
2740 Sqft
Status: active | Days on site: 31
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Fully occupied, income-producing Seattle triplex delivering immediate cash flow with stable rents already in place and a clear path to higher returns. This well-maintained asset features one-year leases with reliable tenants, providing predictable in-place income and stable occupancy from day one. A future utility restructuring creates a realistic opportunity to improve operations and increase returns, with the property currently operating at a 4.35% cap rate and the potential to reach an estimated 6.63% pro forma cap rate at the current list price. Ask for the Investment Snapshot. Ideally located in the desirable Rainier Valley corridor between Hillman City and Brighton, the property offers quick access to Rainier Ave S, I-5, I-90, public transit, cafés, parks, schools, and major employment centers. This turnkey investment is ideal for local, out-of-area, or 1031 exchange buyers seeking a well-leased Seattle multifamily asset with immediate revenue, long-term appreciation potential, and a visible NOI growth strategy. Buyer to comply with all Washington and Seattle tenant-protection laws and honor existing leases. Financials, rent roll, and maintenance history available upon request.
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Highlights

Listed by Velia M Sierra , 888-317-5197 eXp Realty , 888-317-5197. Northwest Multiple Listing Service

Property Type

Multi-Family
Lot/Acreage
0.12

Year Built

1952

County

King

Area

380 - Southeast Seattle

 Neighborhood

Brighton

 School District

Seattle

Listing ID

2521049

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:5
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:
Air Cond:Window Unit(s)
Fireplaces:
Floor:Ceramic Tile,Hardwood
Other:SPU

Exterior Features

Lot:Alley,Paved,Sidewalk,Cable TV,Fenced-Partially,Gas Available,Outbuildings,Patio,RV Parking,Zoning: Residential
Lot Dimensions:5250
Garage Capacity:6
Zoning:Residential
Roof:Composition
Others:Brick,Wood Products,Very Good
Sewer:SPU
Parking Features:RV Parking
Principal Interest
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$4,342
Taxes
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$737

Home Price

$895,000

Home Price

Loan Details

30 yrs
6.107%

Interest Rate

Loan Type

Down Payment

20%
$179,000

Down Payment

Down Payment %

All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,342.16

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,342.16 $736.83 $0.00 $5,078.99
Yearly $52,105.93 $8,842.00 $0.00 $60,947.93
Total $1,563,177.81 $265,260.00 $0.00 $1,828,437.81
Lender profile image
Preferred1765470255 Lender1765470255
My Title 1765470255
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Market insight data is pulled from the same city as the listing being viewed (Seattle, WA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Estimated Payment, Market Insight Calculations, School and Neighborhood Information provided by Blueroof360

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Data last updated: 2026-06-28T04:30:12.000Z

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