Property Photo: 7070 E Marginal Way S WA 98108

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Listing Courtesy of:

Northwest MLS / Keller Williams Rty Tacoma and Specialty Real Estate Group

7070 E Marginal Way S Seattle, WA 98108

Sold on 08/26/2025

$1,050,000 ^(USD)

7,890

SQFT

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Description

Convert this motel into a 16 unit apartment complex! Estimated renovation cost at $1,300,000 for an estimated $3,000,000 finished value. Tons of sweat equity to be had as an investment. All numbers provided on rents/financials are an estimate proforma based on a newly renovated complex. There is currently no income on the building. Unit sizes would range from 346 sq ft to 433 sq feet. 4 units in the basement, 6 units on main floor, and 6 units upstairs. Tons of parking available on site. Tax Assessed Value at $1,945,500! Est. value of $3.1M after renovations into a multi-family dwelling are complete.

MLS #:
2362738

Taxes
$35,022(2024)

Lot Size
10,443 SQFT

Type
Multifamily

Year Built
1919

Style
10+ Units

School District
Seattle

County
King County

Community
Georgetown

Listed By

Greg Stock, Keller Williams Rty Tacoma

Bought with
Tracy Zelenka, Specialty Real Estate Group

Source
Northwest MLS as distributed by MLS Grid
Last checked Jan 3 2026 at 4:21 AM PST

Bathroom Details

Subdivision

Georgetown

Lot Information

Corner Lot
Sidewalk
Paved

Property Features

Fenced-Partially
Fireplace: 0
Foundation: Poured Concrete

Heating and Cooling

Wall Unit(s)

Flooring

See Remarks

Exterior Features

Wood
Roof: Torch Down

Utility Information

Sewer: Sewer Connected
Fuel: Electric

School Information

Elementary School: Buyer to Verify
Middle School: Buyer to Verify
High School: Buyer to Verify

Listing Price History

Date

Event

Price

% Change

$ (+/-)

Apr 23, 2025

Listed

$1,200,000

Additional Listing Info

Buyer Brokerage Compensation: 2.5

Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.

Disclaimer: Based on information submitted to the MLS GRID as of 1/2/26 20:21. All data is obtained from various sources and may not have been verified by Windermere Real Estate Services Company, Inc. 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.