OFF_MARKETExcellent Deal0 days on market

325 23rd Avenue E

325 23rd Avenue E, Seattle, WA 98112, Seattle, WA 98112
$1,449,000
Zestimate®:$1,216,200

Listing Price

Property image 1
325 23rd Avenue E, Seattle, WA 98112
Loc: Seattle, WA
Days Listed
0
Tax Assessed
$1398k
Zestimate®
$1216k
Market Rate
Lot Size
3,751 sqft
Rent Estimate
$6,066/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

8

Stevens Elementary School

K-5
0.7 mi away
5

Edmonds S. Meany Middle School

6-8
0.1 mi away
8

Garfield High School

9-12
1.2 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
7.43%
Total ROI
26.8%
Cash Flow
$1,647/mo
DSCR
1.22
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-14Listed for rent$5,500$2
2026-07-28Price change$1,249,000$471
2026-06-13Listed for sale$1,345,000$508
2023-05-19Sold$1,125,000$425
2023-04-17Pending sale$1,050,000$396
2023-04-13Listed for sale$1,050,000$396
2020-03-27Sold$875,000$330
2020-02-29Pending sale$875,000$330
2020-02-27Listed for sale$875,000$330
2012-07-05Sold$440,000$166
2012-05-30Pending sale$430,000$162
2012-05-04Listed for sale$430,000$162

Tax History

YearProperty TaxTax Assessment
2025$14,474.82$1,398,000
2024$13,086.79$1,359,000
2023$12,185.39$1,286,000
2022$10,457.57$1,225,000
2021$10,222.26$1,103,000
2020$10,071.65$1,032,000
2019$10,260.57$1,065,000
2018$9,752.33$1,129,000
2017$9,366.69$941,000
2016$5,751.83$769,000
2015$5,751.83$665,000
2014$5,751.83$591,000
2013$5,751.83$462,000
2012$0$536,000
2011$0$536,000
2010$0$561,000
2009$0$561,000
2007$0$437,000
2006$0$405,000
2005$0$371,000
2001$2,772.45$233,000
2000$2,524.3$201,000
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
4
Sq Ft
2,650
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $1,449,000Rent Basis: Observed Comp Model ($6,066/mo)State Tax Benchmark: 0.94% (WA)Hazard Reserve: $423/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
2.61%

NOI: $37,833/yr

Cash-on-Cash Yield
-15.7%

On $333,270 invested

DSCR Ratio
0.42x

Negative debt coverage

5-Yr Leveraged ROI
+15.6%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.94% of basis)-$1,095/mo
Homeowner / Hazard Insurance-$423/mo
Vacancy Reserve (5% of rent)-$303/mo
Repairs & Maintenance (10% of rent)-$607/mo
Property Management (8% of rent)-$485/mo
Total Pure Operating Expenses-$2,913/mo
Net Investor Cash Flow
Gross Scheduled Rent+$6,066/mo
Less: Operating Expenses-$2,913/mo
Net Operating Income (NOI)+$3,153/mo
Less: Debt Service (30yr @ 6.75%)-$7,519/mo
Net Cash Flow
$-4,366/mo
$-52,390/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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325 23rd Avenue E | Seattle, WA | Haven AI Analysis | Haven by ScoutHavens