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$2,115,000
2281089 MLS ⋅ SOLD Status
Built in 1986, the Villa Maria Apartments is a tastefully renovated 11-unit property located just north of Green Lake and steps away from the newly built Robert Eagle Staff Middle School. Within walking distance or a short drive, residents can get to North Seattle College, Northgate Station and Green Lake with an abundance of surrounding amenities and recreational opportunities. The property was renovated in 2010 and received a new roof, windows, and common area upgrades in addition to renovating the interior of the units. Units have newer cabinets, stone countertops, stainless steel appliances, partial laminate hardwood flooring, and updated fixtures. Each unit has a washer/dryer and private balcony/patio.

1146 N 91st Street, Seattle

Listing courtesy of Paragon Real Estate Advisors. Selling Office: ZNonMember-Office-MLS.

$2,775,000
2265686 MLS ⋅ SOLD Status
Centrally located in the heart of Ballard, this property located at 1719 NW 57th St is ready for the vision of new ownership. On the market for the first time in decades, this 12-unit apartment is comprised of (7) two-bedroom one-bath units, and (5) one-bedroom one-bath units. The building was originally constructed in 1979. Common laundry rooms with coin-op machines are located on the main and top floor. Off-street carport parking is plentiful with 12 covered stalls, and potential space for additional uncovered parking. Property offers investors, as well as developers, several different value-add options. These options include renovating existing units, adding additional units, or simply holding as a land bank for future development.

1719 NW 57th Street, Seattle

Listing courtesy of Westlake Associates, Inc.. Selling Office: Paragon Real Estate Advisors.

$2,050,000
2250332 MLS ⋅ SOLD Status
Well maintained and tastefully upgraded throughout current ownership, Tara has undergone some improvements over recent years. Featuring a desirable unit mix of twelve 1-bedrooms averaging 632 SF, renovations include new flooring, and kitchen cabinets and counter tops, in five of the twelve units, along with new bathroom cabinets and sinks in two of the twelve, ensuring higher comfort and functionality for current and future residents. Boasting a footprint of 12,230 SF, zoned NC1-55, and steps away from the brand new and currently under construction Mercer International Middle School, Tara Apartments offers significant future redevelopment potential. Positioned within the ever-growing and primely positioned Beacon Hill submarket.

4336 15th Avenue S, Seattle

Listing courtesy of Lee & Associates Commercial RE. Selling Office: HomeSmart Real Estate Assoc.

$8,140,000
2236772 MLS ⋅ SOLD Status
Maplewood offers a 24-unit value-add apartment building located in the highly sought-after University District of Seattle.Offered for sale at $8.9 million, this property is on the market for the first time and presents a unique chance to acquire a legacy asset that has been meticulously maintained by the same family since 1985.Maplewood features large units in exceptional condition, providing ample potential for value-add renovations.After light renovations, rental rates can increase by 20% or more, making this property an attractive prospect for savvy investors. Located steps away from the prestigious University of Washington-ranked #2 in the U.S.Maplewood is just minutes away from an abundance amenities, and a regional light rail station.

4253 7th Avenue NE, Seattle

Listing courtesy of Kidder Mathews. Selling Office: Kidder Mathews.

$2,025,000
2218767 MLS ⋅ SOLD Status
The Cameo Apartments is a 15-unit property in Burien with current rents below market presenting an exceptional value-add opportunity on the repositioning of this classic property. Reposition this asset by achieving current market rents or go for it & max out the investment potential of with a renovation of the units/property at your own pace. There is a mix of newer leases & long-term tenants. More than 50% of the units on MTM lease. The unit mix of the 15 units is 11 – 1-bed/1-bath units and 4 – 2-bed/1-bath units. Located a short distance to SeaTac airport & major employers such as Boeing. The central location & spacious units make it a promising asset for deploying many different investment strategies. Up & coming area with new homes!

1121 SW 126th Street, Seattle

Listing courtesy of eXp Realty. Selling Office: Paragon Real Estate Advisors.

$2,500,000
2209110 MLS ⋅ SOLD Status
Within Minutes to Major Arterials, Seattle Community College and the University of Washington. Nine out of twelve unit have been beautifully remodeled.

12011 32nd Avenue NE, Seattle

Listing courtesy of Excel Properties. Selling Office: Excel Properties.

$4,680,000
2207905 MLS ⋅ SOLD Status
Northmarq is pleased to introduce Nob Hill Apartments, a 12-unit multifamily property located in Seattle’s lower Queen Anne neighborhood. The property consists of a mix of Studio, 1-bedroom, and 2-bedroom/2 bath units totaling 8,811 rentable square feet. Constructed in 1974, the property has remained well maintained and recently underwent significant renovations improving the exterior appeal, existing interior units, and adding new living spaces. Additionally, the asset’s loan of $2.28M is assumable to qualified borrower’s with fixed interest of 3.375% through April 2026.

715 Nob Hill Avenue N, Seattle

Listing courtesy of Northmarq Commercial, LLC. Selling Office: Northmarq Commercial, LLC.

$2,000,000
2206896 MLS ⋅ SOLD Status
This boutique 10 unit apartment checks all the boxes with its ideal location, mid-mod vibes, ample parking & strong cash flow. Fully stabilized with updated units, market rents & excellent professional management! Offered at a true 6.4% Cap Rate! A good unit mix of 2 beds, 1 beds, studios plus easy access to Northgate & Lake City Way attract solid commuter tenants. All units were remodeled to the studs with sleek new kitchens, baths, SS appliances, tile backsplash & pops of chic Hawaiian themed touches. Recent CapX includes new windows, 30 year TPO roof & updated plumbing throughout. Coin Op laundry provides additional income. In a world of bland & drab apartment buildings-be an Aloha House... don't miss this unique turnkey investment!

2460 NE Northgate Way, Seattle

Listing courtesy of Keller Williams Seattle Metro. Selling Office: Skyline Properties, Inc..

$2,800,000
2206641 MLS ⋅ SOLD Status
Non profit owned property and sold to private investor.

11020 1st Avenue SW, Seattle

Listing courtesy of Kidder Mathews. Selling Office: Westlake Associates, Inc..

$6,200,000
2196580 MLS ⋅ SOLD Status
Built in 1990 and under the same ownership since 1992, California Court is an attractive garden style community consisting of three, connected buildings on a spacious 18,000 square foot lot. There is an even mix of (12) one-bedroom and (12) two-bedroom apartments with spacious floor plans and complete appliance packages including washer/dryers. The buildings have elevator service and secure, intercom entry into the shared community areas and walkways. Wonderful water, mountain and territorial views can be seen from upper-level units and open-air breezeway corridors

6900 California Avenue SW, Seattle

Listing courtesy of Paragon Real Estate Advisors. Selling Office: ZNonMember-Office-MLS.

$2,700,000
2190425 MLS ⋅ SOLD Status
Maria Manor is a prime investment opportunity in the heart of Lake City. Built in 1967, this partially renovated asset is strategically located just off Lake City Way, with value-add potential for investors. Maria Manor’s location ensures easy access to public transit and surrounding retail, with Northgate Station just 2.5 miles away. With a total of 11 units, Maria Manor boasts 6 units that have already undergone full renovations, setting the stage for enhanced rental income potential. Situated on a 0.23-acre LR3 (M) zoned lot, this property offers a mix of 1- and 2-bedroom units, totaling a NRSF of 9,580. Savvy investors can capitalize on the remaining 5 unrenovated units, unlocking a 13% increase in gross potential rent.

12333 33rd Avenue NE, Seattle

Listing courtesy of Northmarq Commercial, LLC. Selling Office: Windermere Real Estate Central.

$3,050,000
2184459 MLS ⋅ SOLD Status
Hillside House (HH) is well-positioned within an attractive Upper Queen Anne's residential location. With breathtaking views overlooking Dwntn & the Puget Sound, this 1964 building is the perfect opp. for those seeking a highly desired location w/ current in place income. Unit mix consists of 2 studios, 8 1-bed, and 1 penthouse 2-bed unit feat rooftop deck, fireplace, private laundry. Updates & amenities includes copper plumbing, new water heaters for each unit (2022), private patio & covered onsite parking. With proximity and ease of access to Dwntn & SLU, HH provides prospective tenants a true sense of everything that Seattle has to offer, and investors w/ the opp. to obtain a “trophy” asset in one of Seattle most desired locations.

15 Ward Street, Seattle

Listing courtesy of Lee & Associates Commercial RE. Selling Office: Lee & Associates Commercial RE.

$3,600,000
2171776 MLS ⋅ SOLD Status
Fantastic value add opportunity in the heart of Ballard. A 16 unit apartment building with a unit of 14 - 1bed x 1 bath and 2 - 2bed 1 bath. This building and units are in great shape with the new owner able to raise rents to market rate and renovate upon turnover. 7 Parking spots and a great deal amount of storage. Non-conforming 17th Studio that is receiving $500 a month. Located on a corner lot, on 9,300 square feet and zoned NC1-55 (M) (Build up to 55 feet), creates the opportunity for future development potential. Reach out to listing broker for tours. Please inquire about market proforma & renovated proforma financials.

6100 24th Avenue NW, Seattle

Listing courtesy of Kidder Mathews. Selling Office: Kidder Mathews.

$2,410,000
2165235 MLS ⋅ SOLD Status
Turn around 27 unit apartment complex listed at 5.2% Cap Rate based so far on 2023. Current vacancy at 19% which allows for instant potential to increase cap rate.This complex has 1 kitchen 4 showers and 4 rest rooms; coin op laundry, and 6 parking stalls. All studios are decent sized with mini fridge, microwave, bed, chair and desk. All windows upgraded to vinyl cased thermopane. All original systems are intact and working well. All rooms have baseboard radiator heat supplied by central gas fired boiler with four zones, dedicated thermostat on each floor. 2 hot gas hot water tanks. In 2021 and 2022, all flooring was upgraded to LVP. New Torch down roof is 2017. Ask Broker to see more pictures of the property.

4528 20th Avenue NE, Seattle

Listing courtesy of Best Choice Realty. Selling Office: Windermere Real Estate Central.

$4,400,000
2163542 MLS ⋅ SOLD Status
Located at the top of Queen Anne Hill just blocks from the vibrant commercial corridor of Queen Anne Avenue N, 1421 on Queen Anne is a charming, 1910-vintage classic brick-veneer apartment building. 1421 on Queen Anne has already undergone major systems updates including tuck pointing, plumbing, new electrical strike and major upgrade, double-pane vinyl windows, in-unit laundry in 8 units, and a new torch down roof. Additionally, 7 of the 12 units have been or are in the process of being fully remodeled with updated baths and kitchens, 1 of the 12 is brand new, and 2 are partially remodeled. The property is situated on a tree-lined street in a high-end neighborhood of single-family homes and condominiums.

1421 2nd Street N Unit #1-12, Seattle

Listing courtesy of Kidder Mathews. Selling Office: Redfin.

$2,700,000
2162219 MLS ⋅ SOLD Status
Located in the heart of Seattle’s vibrant Capitol Hill neighborhood is an extraordinary opportunity for investors seeking both current income and future potential. The East Roy Apt, a 12-unit apartment building boasts a desirable location. This mid-century building features 9 one-bedroom and 3 two-bedroom units, offering spacious layouts designed for comfortable living. Timeless walk-up design and open floor plans, thoughtfully designed to seamlessly integrate kitchens, dining areas, and generously sized living rooms. Select units have undergone modern renovations, featuring upgraded kitchen cabinets, stylish vinyl plank flooring, and contemporary lighting elements. Upgrading the remaining units would add value and rent upside.

601 E Roy Street, Seattle

Listing courtesy of Westlake Associates, Inc.. Selling Office: Skyline Properties, Inc..

$2,062,000
2155542 MLS ⋅ SOLD Status
Attention Investors: Caracol Apartments features an opportunity to own 17 units (15 permitted) in the highly desirable Wallingford neighborhood. Conveniently located within a short drive to Fremont, Greenlake, University of Washington, and Downtown Seattle. Priced under $145K per permitted unit and operating at a current 6.1 cap, this building provides massive upside to the investor that can make needed upgrades to the building that would further increase rents and lower future repair costs. This building’s unique floor layouts, vintage charm, fireplaces and outdoor decks in select units, unbelievable downtown views, and on-site laundry facilities make Caracol an attractive living environment and potentially great investment.

4110 Whitman Avenue N, Seattle

Listing courtesy of McCallen & Sons, Inc.. Selling Office: Realty One Group Enterprise.

$2,230,000
2078062 MLS ⋅ SOLD Status
On the market for the first time in over 65 years, The Donna J apartments feature a corner location with frontage on California Ave SW in the heart of the Admiral District in West Seattle. Eleven apartments with ten one-bedroom units and one, two-bedroom unit, several of which have Olympic Mountain Views. Onsite laundry & storage are offered to the tenants.With its brick exterior, it offers classic architecture, true to the Admiral neighborhood. This fully leased asset is ready for an investor to capitalize on renovating and increasing rents. The developer can leverage its zoning of NC2-55(M) & build a brand new 22-unit condo or apartment complex w/ mountain views up to 55 feet & ~25kSF! Massing study completed.Location, location, location!

4301 SW Hanford Street, Seattle

Listing courtesy of City Closers Real Estate. Selling Office: City Closers Real Estate.

$4,000,000
2077882 MLS ⋅ SOLD Status
Situated in Seattle’s Green Lake neighborhood, the property is just steps to Green Lake Park and popular neighborhood retail. Constructed in 1955, this 12 unit building consist of five studio and seven 1-bedroom units with an average of 350 SF. While the building has been well-maintained and improved throughout the course of ownership, all units have been fully renovated. Improvements consist of new granite countertops, new LVT flooring, new appliances and even new common washer dryers.

2008 N 78th Street, Seattle

Listing courtesy of Lee & Associates Commercial RE. Selling Office: KW Greater Seattle.

$4,347,562
2128030 MLS ⋅ SOLD Status
Built in 1978, this 13-unit apartment community is in Seattle's desirable Ballard neighborhood near transit, employment & the historic Ballard Ave entertainment district. This meticulously maintained property is on the market for the 1st time in 38 years and offers a variety of attractive features & updates including secured intercom entry, dual-pane vented windows, copper supply piping, ample parking & storage space & significant renovations to 11 of the 13 units. Current rents & utilities charges are will below market & parking storage are included in the rent; without renovation income could be increased 20%+! The Seller is even willing to consider financing the sale to a qualified buyer.

1706 NW 59th Street, Seattle

Listing courtesy of Kidder Mathews. Selling Office: Windermere Real Estate Midtown.

$2,900,000
2057901 MLS ⋅ SOLD Status
This 10-unit apartment community sits on a quiet cornet lot in West Ballard just across the street from the Ballard locks. The current owner has remodeled 7 out of 10 units with high end finishes including quartz countertops, stainless steel appliances, new cabinetry/millwork, as well as fully updated bathrooms. The exterior improvements include a new roof, awnings and exterior paint. This offering is a great opportunity to own a stabilized asset in a core Seattle neighborhood primed for future growth.

5401 34th Avenue NW, Seattle

Listing courtesy of Paragon Real Estate Advisors. Selling Office: ZNonMember-Office-MLS.

$8,527,000
2055635 MLS ⋅ SOLD Status
Situated in one of the best pockets of Capitol Hill, this property is a turnkey apartment community featuring 20 spacious, fully renovated units. It's walkable location near transit, employers, and neighborhood amenities makes it an interesting and desirable place to live. Appealing features include large floor plans, off-street parking, and an abundance of updates, such as in-unit laundry, new roof, full unit renovations, and recently replaced hot water heaters. Further, the property's 20 unit size should generate nearly $60,000 in monthly rent and supports complete professional management. With full management, market taxes, and current and trending rents, 1310 E Thomas should perform at a 5.4% cap rate and a 13.1 GRM.

1310 E Thomas Street, Seattle

Listing courtesy of Kidder Mathews. Selling Office: ZNonMember-Office-MLS.

Based on information submitted to the MLS GRID as of . 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.
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