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JRJeff ReynoldsCompass · Seattle
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Active

Listed by Alex Eckardt, Coldwell Banker Danforth

4,288
Square feet
$385
Per sq ft
Multi Family
Type
1962
Year built
6,000 sq ft
Lot
0
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.

Directions

Property details

Listing details

Listing number
#2576773
Listed
September 2, 2026
Days on market
0
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

  1. 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.

Similar nearby listings

Based on information submitted to the MLS GRID as of September 2, 2026 at 11:01 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.