For Sale168d on market
2600 2634 Thorndyke Avenue W
Seattle, WA, 98199 • Interbay • King County
$8,325,000
$324/sqft
-$925,000 since Feb 25, 2026
44Beds
41Baths
25,724Sqft
1.1 acLot
1947Built
Property DNA
10+ Units Style
Built 1947 · 79 years of history
Magnolia
Interbay
This home is getting attention
Listed 168 days ago · 339 views · 9 saves
Market activity
Demand and pricing signals for this listing
339 views
People checking out this listing
9 saves
Buyers have saved this home
168 days on market
Established listing
$324/sqft
Price per square foot
About this home
Multi Family · Built 1947
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.
Estimated monthly payment
Based on current rates
$51,839/month
Principal & Interest$40,739
Property Tax$8,325
Insurance$2,775
Down payment20% ($1,665,000)
3%50%
Est. 6.19% rate · 30yr fixed · $6,660,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1947
HeatingBaseboard, Electric
CoolingNone
Parking3 Covered Parking spaces
Days on Zillow168 Days
Price/sqft$324
Property
Home typeMulti Family
Sub-typeMulti Family
Style10+ Units
Year built1947
Systems
HeatingBaseboard, Electric
CoolingNone
RoofFlat
ConstructionCement/Concrete, Wood Products
Water / SewerSewer Connected
Parking & Outdoor
ParkingGarage, Open
Garage1 spaces
Lot1.11 Acres
Location & Tax
NeighborhoodInterbay
Annual tax$87,742
Parcel2771104250
Features & details
5 categories of property features
Interior Features
Flooring
Vinyl
Carpet
Heating
Baseboard
Electric
Cooling
None
Exterior Features
Parking
Garage
Open
Construction
Cement/Concrete
Wood Products
Listing insights
Market data and value estimates
StatusFor Sale
Days on market168
Est. rent$2,239/mo
Tax rate0.82%
Price/sqft$324
On marketOct 19, 2025
PostedOct 20, 2025
MLS statusActive
MLS updatedFeb 25, 2026
Tour days9
Views339
Favorites9
How are the schools in Seattle?
3 schools rated nearby
Location
Seattle, WA, 98199
Price history
2 events
DateEventPrice$/sqftSource
Feb 25, 2026Price Change$8,325,000$324NWMLS as distributed by MLS GRID
Oct 20, 2025Listed For Sale$9,250,000$360NWMLS as distributed by MLS GRID
Price Change$8,325,000
Feb 25, 2026•$324/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$9,250,000
Oct 20, 2025•$360/sqft•NWMLS as distributed by MLS GRID
Nearby homes
Neighborhood details
Local context around this listing
Seattle, WA • King County
Nearby neighborhoods
AdamsCapitol HillFirst HillFremontGreenwoodMagnoliaMinorRavennaUniversity DistrictWallingford
Nearby cities
AuburnBellevueBothellFederal WayKentKirklandRedmondRenton
Nearby zip codes
98040981039810598109981159811798118981229812598133
Based on information submitted to the MLS GRID as of 2026-04-07 02:34:52 PDT. All data is obtained from various sources and may not have been verified by 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. [Click here for more information](/mls-disclaimers/#39)
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