Taghus Apartments, built in 2020 & offered to the market for the first time, provides the rare opportunity to acquire a nearly new multifamily asset in Seattle's historic & rapidly evolving Columbia City neighborhood. Thoughtfully designed by an architect-homebuilder duo, property features efficient floorplans, durable modern finishes & low maintenance systems ideal for long-term ownership. The building comprises 6 studio units averaging 291 SF & 3 one-bedroom units averaging 492 SF - premium compact layouts highly sought after. Units are equipped with AC, dishwashers, in-unit laundry & private balconies; Unit 9 further boasts a private rooftop deck. Located directly across the street from Columbia City Light Rail.
Property Features
Bedrooms
Heating and Cooling
- Cooling Features: Forced Air
- Heating Features: Forced Air
- Heating Fuel: Electric
- Heating: Yes
- Number of Fireplaces: 0
Garage and Parking
- Covered Spaces: 0
- Open Parking: No
Land Info
- Lot Description: Curbs, Paved, Sidewalk
- Lot Size Acres: 0.0721
- Lot Size Square Feet: 3142
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
School Information
- Elementary School: Hawthorne
- High School: Franklin High
- High School District: Seattle
- Middle School: Aki Kurose
- School District: Seattle
Rental Info
- Gross Scheduled Income: 200175
- Leasable Area: 3221
Multi-Unit Info
- Number of Units: 9
- Bedrooms in Unit-1: 0
- Bedrooms in Unit-2: 0
- Bedrooms in Unit-3: 1
- Bedrooms in Unit-4: 0
- Bedrooms in Unit-5: 0
- Bedrooms in Unit-6: 1
- Bedrooms in Unit-7: 0
- Bedrooms in Unit-8: 0
- Bedrooms in Unit-9: 1
- Total Bathrooms in Unit-1: 1
- Total Bathrooms in Unit-2: 1
- Total Bathrooms in Unit-3: 1
- Total Bathrooms in Unit-4: 1
- Total Bathrooms in Unit-5: 1
- Total Bathrooms in Unit-6: 1
- Total Bathrooms in Unit-7: 1
- Total Bathrooms in Unit-8: 1
- Total Bathrooms in Unit-9: 1
- Unit-1 Square Feet: 281
- Unit-2 Square Feet: 301
- Unit-3 Square Feet: 453
- Unit-4 Square Feet: 282
- Unit-5 Square Feet: 301
- Unit-6 Square Feet: 511
- Unit-7 Square Feet: 281
- Unit-8 Square Feet: 301
- Unit-9 Square Feet: 511
- Unit 1 Total Actual Rent: 1650
- Unit 2 Total Actual Rent: 1650
- Unit 3 Total Actual Rent: 2200
- Unit 4 Total Actual Rent: 1650
- Unit 5 Total Actual Rent: 1650
- Unit 6 Total Actual Rent: 2200
- Unit 7 Total Actual Rent: 1650
- Unit 8 Total Actual Rent: 1650
- Unit 9 Total Actual Rent: 2200
Other Property Info
- Annual Tax Amount: 18595
- Source Listing Status: Active
- County: King
- Cap Rate: 6.87
- Directions: Off MLK Way South going north take right on Alaska and right on 31st Ave S.
- Tax Year: 2025
- Other Expense: 27985
- Source Property Type: Multi Family
- Insurance Expense: 5400
- Area: 385 - SODO/Beacon Hill
- List Development Name: Columbia City
- Source Neighborhood: Columbia City
- Parcel Number: 5414100121
- Subdivision: Columbia City
Commercial Info
- Net Operating Income: 137414
- Operating Expense: 62761
Building and Construction
- Year Built: 2020
- Building Area Total: 3221
- Building Area Units: Square Feet
- Construction Materials: Wood Products, Wood Products
- Property Age: 5
- Roof: Flat
- Building Total Stories: 3
- Structure Type: Multi Family
- House Style: 5-9 Units
- Elevation Units: Feet
Utilities
- Power Production Type: Electric
- Sewer: Sewer Connected
- Water Source: Public
