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$9,250,000
New Listing
2600 Thorndyke Avenue WSeattle, WA98199
For Sale|Multi Family|Active
0
Beds
0
Total Baths
25,724
SqFt
$360
/SqFt
1947
Built
Cumulative Days On Market:
1
Subdivision:
Magnolia
County:
King
Courtesy of NWMLS
Listing courtesy of Michael Urquhart of Paragon Real Estate Advisors
Listing courtesy of Michael Urquhart of Paragon Real Estate Advisors




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Opportunities are Abundant! The Magnolia Portfolio offers a new investor the ability to acquire a 5 building assemblage suitable for a value add opportunity located in a core Seattle area. The current arrangement offers 41 residential units plus 2 commercial spaces and a single family house. All together the assemblage represents 48,462 square feet of LR3 (M) zoned dirt. The property is suitable for immediate development as multiple asset types depending on need allowing a new owner to operate the assets "as is" while navigating the permit process to maintain cash flow.
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Listing Snapshot
Price
$9,250,000
Days On Site
0 Days
Bedrooms
N/A
Inside Area (SqFt)
25,724 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
1.1125 Acres
Year Built
1947
MLS® Number
2446245
Status
Active
Property Tax
$87,742
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
8 hours ago | Listing updated with changes from the MLS® | |
10 hours ago | Listing first seen on site |
General Features
Acres
1.1125
Carport
2
Number Of Stories
4
Parking Spaces
20
Property Sub Type
Multi Family
SqFt Total
25724
Utilities
Sewer Connected
Interior Features
Flooring
VinylCarpet
Heating
ElectricBaseboard
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Exterior Features
Construction Details
Wood SidingConcrete
Roof
Flat
Community Features
Financing Terms Available
Conventional
MLS Area
700 - Queen Anne/Magnolia
School District
Seattle
Schools
School District
Seattle
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Courtesy of NWMLS
Listing courtesy of Michael Urquhart of Paragon Real Estate Advisors

Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2025-10-21 12:01 AM PDT
Listing courtesy of Michael Urquhart of Paragon Real Estate Advisors

Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2025-10-21 12:01 AM PDT
Neighborhood & Commute
Source: Walkscore
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