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7023 16th Avenue SWSeattle, WA 98106

For Sale

$1,250,000

Smart Buyer Rebate $12,500

ATTENTION INVESTORS: CASH FLOW, LOCATION, AND FLEXIBILITY Blocks from South Seattle College, this income-producing property is perfectly set up for rental housing, co-living, or shared-living rentals. Main home features 8 private bedrooms, each with private bath, including one suite with a kitchenette for premium rent potential. Separate-entrance 1 bed/1 bath ADU adds more options ideal for owner-occupancy, additional rental income, or on-site management. This property is built to perform from day one. Use it as the ultimate house hack live in the ADU and let eight income streams pay the mortgage or operate it as a fully passive investment. With strong, predictable room-by-room income and high demand from the nearby college community, it’s an excellent candidate for DSCR financing, allowing investors to qualify based on the property’s income rather than personal income. Current rents already prove the model: 2 of the 9 rooms are occupied at $1,250/month each, while the kitchenette suite and ADU are vacant and ready to maximize returns. With professional property management available and an estimated 9.8% cap rate, this is a turnkey, scalable investment with immediate upside. Whether you’re growing a portfolio or starting your first investment, this property offers multiple strategies rental housing, workforce housing, flat-share living, or long-term rentals all in a high-demand Seattle location. Opportunities this versatile and finance-friendly don’t come along often.

Listed by Becca Pitts

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eXp Realty

Listed by Jacob Weaver

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eXp Realty

Last updated January 20, 2026

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Source: NWMLS #2395276

Listing Facts

  • TypeSingle-family
  • NeighborhoodRiverview
  • Bedrooms9
  • Bathrooms9
  • Days on Prevu224
  • Taxes$9,390/year
  • Size3,300 sqft
  • Price per sqft$379

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

06/20/2025
Listed by eXp Realty
$1,250,000

Property Details for 7023 16th Avenue SW

Exterior

Construction

  • Property Condition: Good
  • Roof: Composition
  • Structure Type: House
  • Year Built: 2013
  • Architectural Style: Traditional
  • Construction Materials: Wood Products
  • Entry Location: Main
  • Exterior Features: Wood Products

Features

  • View: Territorial

Measurements

  • Building Area Total: 3,300
  • Building Area Units: Square Feet
  • Lot Features: Curbs, Secluded, Sidewalk
  • Lot Size Acres: 0.12
  • Lot Size Square Feet: 5,368
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 3438502762
  • Tax Annual Amount: $9,390.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Dishwasher(s), Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s)
  • Flooring: Hardwood, Vinyl Plank, Carpet
  • Interior Features: Second Kitchen, Second Primary Bedroom, Bath Off Primary, Double Pane/Storm Window, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater, Wet Bar

Measurements

  • Living Area: 3,300

Rooms

  • Bathrooms Full: 8
  • Bathrooms Three Quarter: 1
  • Bathrooms Total Integer: 9
  • Bedrooms Total: 9
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 4

Other

Location

  • Subdivision Name: Delridge

Parking

Parking

  • Covered Spaces: 1
  • Garage: Yes
  • Parking Features: Detached Garage, RV Parking
  • Parking Total: 1

Schools

Elementary School

  • Elementary School: Sanislo

High School

  • High School: West Seattle High
  • High School District: Seattle

Middle or Junior School

  • Middle Or Junior School: Madison Mid

Utilities

Equipment

  • Has Heating: Yes
  • Sewer: Sewer Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 9 bedrooms and 9 bathrooms in this single-family home at 7023 16th Avenue SW.

What schools are nearby to 7023 16th Avenue SW?

Nearby schools include the Sanislo Elementary School, Madison Mid Middle School, and West Seattle High.

Does this single-family home have parking?

Yes, there is 1 parking space available for 7023 16th Avenue SW.

What are the annual taxes for 7023 16th Avenue SW?

Annual taxes for this single-family home are estimated at $9,390.

How does 7023 16th Avenue SW compare to other single-family homes in Riverview?

This single-family home is listed 13% above the average price for single-family homes in Riverview and has been on the market for 212 more days than the typical home in this area.

What is the square footage on this single-family home?

According to the MLS, this listing is 3,300 sqft.

7023 16th Avenue SW is a 9-bedroom, 9-bath single-family home for sale in Seattle WA 98106. Listed on Prevu for 224 days at $1,250,000. This property features 3,300 square feet of living space, located in Seattle. The median listing price for single-family homes in this area is $1,130,000. Nearby schools include Sanislo Elementary School, Madison Mid Middle School, and West Seattle High. Additional amenities include pets allowed and parking. Browse more single-family home listings in Seattle.

Based on information from NWMLS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.