333 E 18th Ave
- High-Density Income Potential: Three-unit property with 11 total bedrooms, ideal for per-bed leasing to maximize revenue.
- Turnkey Condition: Recently renovated and upgraded, minimizing near-term capital needs while attracting quality tenants.
- Off Street Parking: Off-street parking in a market where parking is limited, enhancing tenant demand and retention.
- Prime Student Housing Fit: Functional layout and modern finishes positioned to capture strong University District rental demand.
Property Description
333 E 18th Ave is a recently renovated three-unit asset offering 11 total bedrooms, ideally configured for conversion to high-demand student housing. The property’s modern upgrades reduce immediate capital expenditure needs while enhancing tenant appeal and supporting premium rental rates. Its high bedroom count allows for efficient per-bed leasing, maximizing income potential. Off-street parking provides a valuable amenity in the University District, where parking is scarce. With a turnkey condition and strong functional layout, the asset is well positioned to deliver both stable cash flow and long-term appreciation.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $689,000 |
| No. of Units: | 3 |
| Year Built: | 1910 |
| Lot Size: | 0.13 Acres |
| Opportunity Zone: | No |
| Price per unit: | $229,667 |
| Property Website | Click Here |
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