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3315 W Ruffner St, Seattle, WA 98199
About this home
Four unit apartment building that has a great corner lot with alley access and 4 units in 2 buildings that are 3 blocks from Magnolia Playfield and seven blocks from the Magnolia shopping center.The apartment house is on an alley with 4 parking stalls for the units off the alley. Each unit is a spacious 2 bedroom and 1 bath with washer/dryer and dishwashers. The 5900sf lot also has the potential for development in the future and at this time the city of Seattle will allow 5 townhomes to be built under LR1 (M) zoning. The current apartment houses have 4 units that currently produce an annual NOI of $63,814 with an upside in rents for the units for the future.

Redfin Estimate
Market trends in Lawton Park, WA
Last updated July 2026
Buyer's Market
Seller's Market
Seller's market
- NEW 6 HRS AGO
- NEW 6 HRS AGO$8,995,0004 beds4.5 baths5,900 sq ft2481 Perkins Ln W, Seattle, WA 98199Jay Kipp • Realogics Sotheby's Int'l Rlty
- OPEN FRI, 4PM TO 6PM$2,750,0004 beds3.5 baths4,420 sq ft4025 Burton Pl W, Seattle, WA 98199Colleen McCann • Windermere RE Magnolia
- OPEN FRI, 5PM TO 7:30PM$2,300,0003 beds3.5 baths3,157 sq ft2449 43rd Ave W, Seattle, WA 98199Cricket O Neill • Windermere Real Estate Co.
- NEW 29 HRS AGO$299,5001 bed1 bath685 sq ft2562 Thorndyke Ave W #405, Seattle, WA 98199Rosalynn Rust • Lynnmac Commercial LLC
- NEW 29 HRS AGO$375,9001 bed1 bath818 sq ft2510 W Bertona #434, Seattle, WA 98199Michele Lussier • John L. Scott, Inc.
- $3,250,0004 beds4.5 baths4,330 sq ft2564 27th Ave W, Seattle, WA 98199Neda Perrina • Realogics Sotheby's Int'l Rlty
- OPEN SUN, 1PM TO 4PM$849,0002 beds2 baths1,260 sq ft2314 Thorndyke Ave W Unit B, Seattle, WA 98199Jenifer Bitzer • KW Greater Seattle
- $448,0002 beds2 baths979 sq ft3700 W 25th Pl #201, Seattle, WA 98199Nicole Gaba • Windermere RE North, Inc.
See all
Provided by Redfin
Sale history for 3315 W Ruffner St
$344/sq ft
$407/sq ft
$492/sq ft
$407/sq ft
$492/sq ft
$169/sq ft
$177/sq ft
Tax history for 3315 W Ruffner St
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- Parking Uncovered Spaces: 4
- Open Parking Spaces: 4
- Has Open Parking
Interior
- Heating & Cooling
- Has Heating
- Heating Information: Forced Air
- Has Cooling
- Cooling Information: Other – See Remarks
- Interior Features
- Flooring: Carpet
- Multi-Family Financial Information
- Electric Expense: $171
- Insurance Expense: $7,200
- Other Expense: $7,636
- Net Operating Income: $63,814
- Gross Adjusted Income: 94266
- Gross Scheduled Income: $99,228
- Total Monthly Income: 8269
- Gross Rent Multiplier: 18.6
- Total Expenses: 30453
- Multi-Unit Information
- Units Below Grade: true
- Units In Building Total: 4
- Vacancy Rate: 5
- # of Units (Total): 4
- Unit Type 1 Information
- Unit Name: 1
- # of Bathrooms: 1
- # of Bedrooms: 2
- Fireplaces: 0
- Range/Oven: true
- Washer/Dryer: true
- Refrigerator: true
- Dishwasher: true
- Unit Sq. Ft.: 890
- Actual Rent: $2,400
- Unit Type 2 Information
- Unit Name: 2
- # of Bathrooms: 1
- # of Bedrooms: 2
- Fireplaces: 0
- Range/Oven: true
- Washer/Dryer: true
- Refrigerator: true
- Dishwasher: true
- Unit Sq. Ft.: 890
- Actual Rent: $1,450
- Unit Type 3 Information
- Unit Name: 3
- # of Bathrooms: 1
- # of Bedrooms: 2
- Fireplaces: 0
- Range/Oven: true
- Washer/Dryer: true
- Refrigerator: true
- Dishwasher: true
- Unit Sq. Ft.: 890
- Actual Rent: $2,200
- Unit Type 4 Information
- Unit Name: 4
- # of Bathrooms: 1
- # of Bedrooms: 2
- Fireplaces: 1
- Range/Oven: true
- Washer/Dryer: true
- Refrigerator: true
- Dishwasher: true
- Unit Sq. Ft.: 890
- Actual Rent: $1,800
Exterior
- Building Information
- Construction Materials: Wood
- Roof: Composition
- Exterior Features
- Exterior Features: Wood
- Property Information
- Energy Source: Natural Gas
- Style Code: 54 - 4-Plex
- Property Type: Residential Income
- Property Sub Type: Multi Family
- Land Information
- Possible Use: Multi-Family
- Lot Information
- Lot Number: 24
- MLS Lot Size Source: King County
- Zoning Jurisdiction: City
- Lot Features: Corner Lot
- Lot Size Units: Square Feet
- Lot Size Acres: 0.1354
- Lot Size Dimensions: 50 x 118
- Elevation Units: Feet
Financial
- Tax Information
- Tax Annual Amount: $10,418
- Tax Year: 2024
- Financial Information
- Listing Terms: Cash Out
- Buyer Financing: Conventional
Utilities
- Utility Information
- Water Company: Seattle
- Power Company: PG & E
- Sewer: Available
- Sewer Company: Seattle
- Water Sewer Garbage: 5028
Location
- School Information
- High School District: Seattle
- Location Information
- Directions: 7 blocks north of Magnolia town center on 34th Ave W.
Public facts
- Beds: 4
- Baths: 2.0
- Sq. Ft.: 1,780
- Stories: 1.0
- Lot Size: 5,900 square feet
- Style: Multi-Family (2-4 Unit)
- Year Built: 1993
- Year Renovated: —
- County: King County
- APN: 682110 1845
Other
- Listing Information
- Buyer Brokerage Compensation: 3
- Buyer Brokerage Compensation Type: %
- Mls Status: Sold
- Listing Date Information
- On Market Date: Thursday, June 20, 2024
- Green Information
- Power Production Type: Natural Gas
- Home Information
- Living Area Units: Square Feet
- Calculated Square Footage: 3560
- Building Area Total: 3560
- Building Area Units: Square Feet
- Foundation Details: Poured Concrete
- Building Name: Pleasant Valley Addition
- Structure Type: Quadruplex
- Stories Total: 2
Around this home
Schools
Public K-5 • Assigned • 0.6mi
Public 6-8 • Assigned • 2.2mi
Public 9-12 • Assigned • 2.1mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Estimated 80%+ chance of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 86° expected this year, 15 days in 30 years
Minimal risk of severe winds over next 30 years
10 unhealthy days expected this year, 11 days in 30 years
Sun exposure
In this area, properties receive around 8.7 hours in June and 1.7 hours in December, placing it below the U.S. average for solar exposure.
Nearby similar homes
New listings for sale in 98199
Home values near 3315 W Ruffner St
| Address | Redfin Estimate |
|---|---|
3 Beds | 2.5 Baths | 1329 Sq. Ft. | $835,393 |
4 Beds | 2 Baths | 1780 Sq. Ft. | $816,539 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2.5 Baths | 1304 Sq. Ft. | $843,160 |
4 Beds | 2 Baths | 1770 Sq. Ft. | $1,455,207 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2.5 Baths | 1438 Sq. Ft. | $769,970 |
- Beds | - Baths | 3120 Sq. Ft. | — |
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