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6705 Delridge Way SW, Seattle, WA, 98106

4beds
4baths
2,360sqft
$1,100,000
$466price/sqft
$6,873/moest. monthly cost
$274,920/yrincome needed

About This Home

Investment Opportunity with Owner-Occupant Option Lena Apartments is a well-maintained 4-unit building in the High Point neighborhood of West Seattle, offering stable income today and significant upside potential tomorrow. Each unit is a 1-bedroom, 1-bath layout with hardwood floors, efficient kitchens, and access to outdoor space. Located in High Point High Lena Apartments offers strong investment potential, with average home values around $660,000 and steady annual growth of about 3%. The area stands out for its professional demographic, with over half of residents working in managerial or professional roles, and its median household income exceeding 75% of U.S. neighborhoods, highlighting both economic stability and upward mobility.

Getting Around

35
WalkingCar-Dependent
48
TransitSome Transit
48
BikeSomewhat Bikeable

Schools

6/10
4/10
Louisa Boren STEM K-8Grades PK-80.4 mi
3/10
Chief Sealth High SchoolGrades 9-120.9 mi

Construction

Condition

  • Year built: 1957

Materials

  • Roof: Composition
  • Construction materials: Brick

Notable Dates

  • Major remodel year: 1988

Type & Style

  • Home type: MultiFamily
  • Architectural style: 4-Plex
  • Property subType: Quadruplex

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4

Features

  • Flooring: Laminate

Heating & Cooling

  • Heating features: Baseboard,Electric
  • Cooling features: None

Interior Area

  • Total structure area: 2,360
  • Total interior livable area: 2,360 sqft

Property

Details

  • Parcel number: 1900000014
  • Zoning description: Jurisdiction: City
  • Special condition: Standard

Lot

  • Lot size: 7,936 sqft
  • Features: Sidewalk

Parking

  • Total spaces: 4
  • Parking features: Open
  • Has uncovered spaces: Yes
  • Uncovered spaces: 4

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
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
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 $5,562$66,744
Home Insurance *$190$2,280
Property Taxes $960$11,520
Electricity $161$1,937
Total$6,873$82,476
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$235,645/yr
40% on housing$206,190/yr
45% on housing$183,280/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

$466This listing

vs Other Active Listings

Avg $/sqft

ZIP 98106$314
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
2025-09-11Listed for sale$1,100,000
2023-10-06Listing removed--
2023-08-18Price change$1,495
2023-06-23Listed for rent$1,650
2021-02-26Listing removed--
2020-08-13Listing removed$1,500
2020-07-30Listed for rent$1,500
2017-07-06Listing removed$1,495
2017-05-25Listed for rent$1,495
2004-12-08Sold$370,000
1998-02-23Sold$154,000
1997-08-14Sold$144,000

For Sale by Agent

AgentJustin Kraft
BrokerageHighmark Partners

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