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3824 23rd Avenue SW, Seattle, WA, 98106

4beds
4baths
2,440sqft
$820,000
$336price/sqft
$5,184/moest. monthly cost
$207,360/yrincome needed

About This Home

The West Seattle Duplex is a two-unit property located at 3824 23rd Ave SW in the Delridge neighborhood. Delivered fully vacant at closing, it offers a highly flexible opportunity in the West Seattle multifamily market. Each unit features a 2-bedroom, 1.75-bath layout spanning 1,220 square feet, with private decks, in-unit laundry hookups, and single-car garages. The property is well suited for an owner-user, a light renovation value-add investor, or a hybrid strategy. A buyer can live in one unit and lease the other, or lease both after modest cosmetic upgrades to achieve strong market rents. Recent improvements include a new roof installed in 2021 and full copper plumbing. Interiors feature updated kitchens and bathrooms with stone countertops, along with LVP flooring in the upstairs unit. Conveniently located, the duplex offers quick access to Downtown Seattle via the West Seattle Bridge and is minutes from the West Seattle Junction and Alki Beach. It is also within walking distance of the future Delridge Light Rail Station, part of Sound Transit’s West Seattle Link Extension. Planned at SW Andover St and Delridge Way SW, construction is set to begin in 2027, with service expected in late 2032, supporting long-term rent growth and value appreciation.

Getting Around

66
WalkingSomewhat Walkable
55
TransitGood Transit
66
BikeBikeable

Schools

8/10
9/10
Madison Middle SchoolGrades 6-81.4 mi
7/10
West Seattle High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 1979

Materials

  • Foundation: Poured Concrete
  • Roof: Composition
  • Construction materials: Wood Products

Type & Style

  • Home type: MultiFamily
  • Architectural style: Duplex
  • Property subType: Duplex,Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4

Features

  • Flooring: Laminate,Carpet

Heating & Cooling

  • Heating features: Wall Furnace,Electric
  • Cooling features: None

Interior Area

  • Total structure area: 2,440
  • Total interior livable area: 2,440 sqft

Property

Details

  • Parcel number: 2848700175
  • Zoning description: Multi-Family,Jurisdiction: City
  • Special condition: Standard

Lot

  • Lot size: 5,000 sqft

Parking

  • Total spaces: 2
  • Parking features: Garage
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Coastal Flooding
    Coastal FloodingModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Coastal Flooding
Heat Wave

FEMA Declared Disasters in King County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,146$49,752
Home Insurance *$142$1,704
Property Taxes $730$8,760
Electricity $166$2,002
Total$5,184$62,208
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$177,737/yr
40% on housing$155,520/yr
45% on housing$138,240/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$336This listing

vs Other Active Listings

Avg $/sqft

ZIP 98106$317
King County$442

vs Homes Sold Last Month

Median $/sqft

ZIP 98106$430
King County$485

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-20Price change$820,000
2026-06-04Listed for sale$900,000
1994-01-28Sold$159,500

For Sale by Agent

AgentBen Douglas
BrokerageParagon Real Estate Advisors

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