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JRJeff ReynoldsCompass · Seattle
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Active

Listed by Max Frame, Kidder Mathews

10,855
Square feet
$415
Per sq ft
Multi Family
Type
2015
Year built
4,800 sq ft
Lot
0
Days on market

About this property

44-unit, 2015-built multifamily investment opportunity in Seattle’s Madison Valley. Madison 2.0 features a mix of SEDUs, studios, one-bedroom homes and live/work lofts with modern finishes, large windows, stainless appliances and efficient floorplans. Community amenities include a rooftop deck with city views, shared kitchen and laundry. Excellent urban location near Capitol Hill, Downtown Seattle, dining, retail, employment centers and transit. Offered at $4.5M ($102,273/unit) with a 6.34% cap rate on current operations and additional rental upside.

Location & commute

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Directions

Property details

Listing details

Listing number
#2590693
Listed
October 2, 2026
Days on market
0
Price per sq ft
$415

Unit & building

Stories in building
4
Units in building
44

Views

View
City

Construction

Year built
2015
Style
56 - 10+ Units
Structure
Multi Family
Roof
Flat

Heating & cooling

Heating
Forced Air
Cooling
None
Energy source
Electric

Flooring

Flooring
Vinyl Plank

Lot

Lot size
4,800 sq ft

Terms

Terms offered
CashConventional

Utilities

Water
SPU
Sewer
SPU
Power
Seattle City Light

Schools

District
Seattle

What stands out to you?

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  • City
  • Multi Family
  • Flat
  • Forced Air
  • None
  • Electric
  • Vinyl Plank
  • Cash
  • Conventional

Listing history

  1. Listed

    $4,500,000

    October 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

$26,204

Principal & interest
$22,754
Property tax (est.)
$3,450

Assumes $900,000 down (20%), a $3,600,000 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 October 2, 2026 at 11:00 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.