Listed by Heather Heinzen, Coldwell Banker Danforth
- 4,288
- Square feet
- $385
- Per sq ft
- Multi Family
- Type
- 1962
- Year built
- 6,000 sq ft
- Lot
- 45
- Days on market
About this property
Exceptional investment opportunity on the western slope of Queen Anne. This well-maintained mid-century five-plex offers strong income, consistently low vacancy, and compelling long-term potential. The building and all five units are in great condition and each unit has its own dedicated storage unit in the basement. An attractive cap rate provides solid returns today with potential to further maximize income over time. The location provides quick access to Interbay, Ballard, Fremont, Magnolia, Downtown Seattle, and Highway 99, making it highly desirable for tenants seeking convenience and connectivity. Residents also enjoy easy access to Queen Anne's vibrant restaurants, cafés, shopping, parks, and major employment centers. A dependable, income-producing asset in one of Seattle's premier neighborhoods, with the potential to benefit from continued appreciation and future value-add. Pre-listing inspection report available upon request.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Jeff's Neighborhood Guide
Get to know Queen Anne
Jeff's Queen Anne profile covers the streets, shoreline, parks, markets, and local places that define the neighborhood, written from years of showing homes here. It is editorial, separate from the MLS listing data above.
Also nearby, within the same NWMLS search area.
Property details
Listing details
- Listing number
- #2576773
- Listed
- September 2, 2026
- Days on market
- 45
- Price per sq ft
- $385
Unit & building
- Stories in building
- 3
- Units in building
- 5
Parking
- Covered spaces
- 5
- Total spaces
- 10
Views
- View
- See RemarksSoundTerritorial
Construction
- Year built
- 1962
- Style
- 55 - 5-9 Units
- Structure
- Multi Family
- Roof
- Torch Down
Heating & cooling
- Heating
- BaseboardRadiant
- Cooling
- None
- Energy source
- ElectricNatural Gas
Flooring
- Flooring
- LaminateVinyl PlankCarpet
Lot
- Lot features
- CurbsPavedSidewalk
- Lot size
- 6,000 sq ft
Terms
- Terms offered
- CashConventional
Utilities
- Water
- Seattle Public Utilities
- Sewer
- Seattle Public Utilities
- Power
- Seattle City Light
Schools
- District
- Seattle
- Elementary
- Buyer To Verify
- Middle
- Buyer To Verify
- High
- Buyer To Verify
What stands out to you?
Mark features you love or could do without. Saved on this device to tune what you see.
- See Remarks
- Sound
- Territorial
- Multi Family
- Torch Down
- Baseboard
- Radiant
- None
- Electric
- Natural Gas
- Laminate
- Vinyl Plank
Listing history
Listed
$1,650,000
September 2, 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
$9,608
- Principal & interest
- $8,343
- Property tax (est.)
- $1,265
Assumes $330,000 down (20%), a $1,320,000 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.
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Based on information submitted to the MLS GRID as of October 18, 2026 at 2:15 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.