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JRJeff ReynoldsCompass · Seattle

Listed by Will Douglas, Paragon Real Estate Advisors

8,580
Square feet
$350
Per sq ft
Multi Family
Type
1911
Year built
7,200 sq ft
Lot
258
Days on market

About this property

The Harrison Apartments, a rare investment opportunity in the heart of South Lake Union, is being offered for the first time in over three decades. Situated on a 7,200 SF corner lot with alley access, this 12-unit property has a historically low vacancy rate and the building provides immediate value-add potential with rents currently ~40% below market and additional upside through renovations. The mix includes ten 1BR/1BA units (approx. 700 SF) and two 2BR/1BA units (approx. 850 SF), with 5 units partially updated. Zoned SM-SLU 85-280, the site offers significant redevelopment potential, with preliminary estimates supporting up to 55 units (buyer to verify).

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2524705
Listed
May 15, 2026
Days on market
258 (includes a prior listing period)
Price per sq ft
$350

Unit & building

Stories in building
2
Units in building
12

Construction

Year built
1911
Style
56 - 10+ Units
Structure
Multi Family
Roof
FlatTorch Down

Heating & cooling

Heating
See RemarksWall Furnace
Cooling
None
Energy source
Electric

Lot

Lot size
7,200 sq ft

Terms

Terms offered
CashConventional

Utilities

Sewer
Sewer Connected

Schools

District
Seattle

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • Multi Family
  • Flat
  • Torch Down
  • See Remarks
  • Wall Furnace
  • None
  • Electric
  • Cash
  • Conventional
  • Sewer Connected

Listing history

  1. Listed

    $3,000,000

    May 15, 2026

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$17,470

Principal & interest
$15,170
Property tax (est.)
$2,300

Assumes $600,000 down (20%), a $2,400,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 13, 2026 at 10:45 PM PDT. All data is obtained from various sources and may not have been verified by broker 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.