7070 E Marginal Way S, Seattle, WA 98108 (MLS # 2362738)

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Listing provided courtesy of Northwest MLS; Keller Williams Rty Tacoma

PRICE $1,200,000
BEDS 0
BATHS 0
HOME SIZE 7,890 sqft
LOT SIZE 10,442 sqft
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Convert this motel into a 16 unit apartment complex! Estimated renovation cost at $1,300,000 for an estimated $3,000,000 finished value. Tons of sweat equity to be had as an investment. All numbers provided on rents/financials are an estimate proforma based on a newly renovated complex. There is currently no income on the building. Unit sizes would range from 346 sq ft to 433 sq feet. 4 units in the basement, 6 units on main floor, and 6 units upstairs. Tons of parking available on site. Tax Assessed Value at $1,945,500! Est. value of $3.1M after renovations into a multi-family dwelling are complete.

LAST UPDATED 4/25/2025 TRACT Georgetown
YEAR BUILT 1919 COMMUNITY Georgetown
COUNTY King STATUS Pending Feasibility
PROPERTY TYPE(S) Multi Family

SCHOOLS
Elementary School Buyer To Verify
Jr. High School Buyer To Verify
High School Buyer To Verify


ADDITIONAL DETAILS
AIR None
AREA 385 - SODO/Beacon Hill
CONSTRUCTION Wood Siding
HEAT Electric
LOT 10441 sq ft
LOT DESCRIPTION Corner Lot, Paved, Sidewalk
MLS STATUS Pending Feasibility
STORIES 2
STYLE 56 - 10+ Units
SUBDIVISION Georgetown
TAXES 35022
UTILITIES Sewer Connected
WATER Public
ZONING Commercial

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 4/27/25 8:39 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.

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