818 W Argand Street, Seattle, WA 98119, Seattle, 98119 - 6 bed, 5 bath
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Seattle, WA 98119
This Versatile Queen Anne Duplex represents a High-Potential Investment Opportunity, listed at $1,545,000—positioned well above the $1,331,872 Fair Market Value by -16%. While the property requires modernization, its Fair Condition Rating is offset by a unique configuration including a 3-bedroom upper unit, lower-level studio, and three off-street parking spaces. With a private deck and Lake Washington Ship Canal views, this asset offers significant rental flexibility. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage house-hacking strategies in a prime Seattle location.
Property is moderate renovation needed.
Built in 1980 (44 years old), the property is well-maintained but dated. While it features some cosmetic updates like newer laminate flooring in the living areas and a functional HVAC system, the interior still retains original 80s-style wood doors and basic finishes. It lacks a comprehensive modern renovation of kitchens and baths, placing it in the 'Fair' category as it is move-in ready but requires updates to meet modern standards.
The property features a duplex configuration plus an additional studio with a separate entrance, offering exceptional flexibility for house-hacking, multi-generational living, or maximizing rental income.
Including three off-street parking spaces in the dense Queen Anne neighborhood provides a significant competitive advantage and convenience for both owners and tenants.
Situated near Seattle Pacific University with views of the Lake Washington Ship Canal, the property benefits from high rental demand and a scenic, walkable urban setting.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 5.
The lower unit is currently tenant-occupied, which may restrict immediate possession for buyers looking to occupy the entire building or implement immediate renovations.
Built in 1980, the property may require capital improvements or modernization of systems and finishes to compete with newer luxury developments in the area.
Rare duplex in Queen Anne offering exceptional flexibility for owner-occupants and investors. The vacant upper unit features 3 bedrooms and 2 bathrooms, including an oversized primary suite with walk-in closet and ensuite bath, a spacious kitchen, in-unit washer and dryer, and a private deck overlooking the Lake Washington Ship Canal. An interior staircase connects the upper unit to a lower-level studio with kitchenette, ¾ bath, and separate exterior entrance, creating additional rental, guest-suite, or work-from-home potential. The tenant-occupied lower unit offers 2 bedrooms, 2 bathrooms, a full kitchen, in-unit washer and dryer, and its own private patio space. Both units enjoy private outdoor living areas, providing a peaceful retreat rarely found in the city. Located just a short walk from Seattle Pacific University and minutes from Fremont and Ballard across the bridge, this unique property offers strong rental demand, multiple income opportunities, and a rare investment opportunity in one of Seattle's most desirable neighborhoods. Add three off-street parking spaces—an uncommon luxury in Queen Anne—and you have a property that balances lifestyle, flexibility, and long-term income potential.
No exterior & parking available.
No sensitive facilities data found.
Jun 25, 2026
$1,545,000
$1,595,000
-3% Price Drop
Initial Listing
Jun 10, 2026
$1,595,000
Initial Listing