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JRJeff ReynoldsCompass · Seattle

Listed by Janice Cai, Windermere Bellevue Commons

4,643
Square feet
$560
Per sq ft
Multi Family
Type
1950
Year built
7,800 sq ft
Lot
32
Days on market

About this property

Exceptional investment opportunity just minutes from Green Lake. This well-maintained 11-unit apartment building features a desirable unit mix of nine studios and two one-bedroom units. Professional management is already in place and available to continue operations, offering a seamless transition for a passive investor. The property is zoned LR3 (RC), providing attractive future development potential. Amenities include off-street parking, storage lockers, coin-operated laundry, and individual water heaters for each unit, all replaced in 2023. Five of the eleven units have been remodeled. Ideally located within walking distance of the Roosevelt Light Rail Station, and the Green Lake Park & Ride, ,Convenient access to downtown Seattle, shopping, dining and recreation. A rare opportunity for the move-up investor seeking stable income today and long-term growth potential tomorrow.

Location & commute

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Directions

Property details

Listing details

Listing number
#2538854
Listed
June 11, 2026
Days on market
32
Price per sq ft
$560

Unit & building

Stories in building
2
Units in building
11

Parking

Total spaces
7

Construction

Year built
1950
Style
56 - 10+ Units
Structure
Multi Family
Roof
CompositionTorch Down

Heating & cooling

Heating
Wall Furnace
Cooling
None
Energy source
Geothermal

Flooring

Flooring
HardwoodCarpet

Lot

Lot features
CurbsDead End StreetPavedSidewalk
Lot size
7,800 sq ft

Terms

Terms offered
CashConventional

Utilities

Water
SPU
Sewer
SPU
Power
Seattle City Light

Schools

District
Seattle
Elementary
Green Lake
Middle
Eckstein Mid
High
Roosevelt High

What stands out to you?

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  • Multi Family
  • Composition
  • Torch Down
  • Wall Furnace
  • None
  • Geothermal
  • Hardwood
  • Carpet
  • Curbs
  • Dead End Street
  • Paved
  • Sidewalk

Listing history

  1. Listed

    $2,600,000

    June 11, 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

$15,140

Principal & interest
$13,147
Property tax (est.)
$1,993

Assumes $520,000 down (20%), a $2,080,000 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 14, 2026 at 12:30 AM 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.