About this home

Ideally located just a few blocks north of the University of Washington campus, this 5-unit multifamily apartment community is within walking distance of The Ave's retail and dining corridor and benefits from the neighborhood's excellent transit connectivity. The property features a desirable unit mix of two one-bedroom and three two-bedroom units, averaging approximately 763 square feet. The building has a pitched composition roof. Two units have been recently renovated, and capital improvements include an updated electrical system with Square D panels, new sewer lines and dual-pane windows throughout, reducing near-term capex exposure for a new owner. The three remaining classic units offer rent upside upon turnover, giving investors a phased value-add path rather than requiring day-one repositioning. Five off-alley parking spaces, a meaningful advantage in this parking-constrained submarket, plus on-site laundry and storage round out the offering, supporting both tenant retention and ancillary income potential. Offered at $265,000 per unit and below $350 per square foot, the property presents an attractive basis and offers long-term stability close to the city's largest institutions.

Exterior features

Schools

Property details

Heating

Baseboard, Forced Air

Cooling

None

Lot

Alley, Curbs, Paved, Sidewalk

Water source

Public

Sewer

Sewer Connected

Costs

Annual taxes

$13,209 (2026)

Location

Seattle, WA 98105