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More details for 11825 59th Ave ave, Seattle, WA - Multifamily for Sale

Rainier View Townhomes - 11825 59th Ave ave

Seattle, WA 98178

  • Convenience Store
  • Multifamily for Sale
  • $3,729,135 CAD
  • 13,734 SF

Seattle Multifamily for Sale - S Seattle

Newly constructed in 2025, this five-unit townhouse community combines modern design, high-end finishes, and flexible long-term upside in a highly functional footprint. Each residence is built as a fee-simple style townhome and sits on its own tax parcel, allowing an investor to treat the asset as a cohesive income-producing property today while preserving the option to sell off individual units in the future to capture value from the single-family housing market. The current rent roll includes two of the five units leased, providing immediate income with upside as the remaining homes are brought to market. The community features an efficient unit mix of three 3BD/2.5BA townhomes and two 2BD/2.5BA townhomes, appealing to a wide range of renters, from professionals to small families. All units showcase high-end finishes and all-new appliances, including in-unit washers and dryers, contemporary kitchens, and durable materials designed for low ongoing maintenance. Private patios, exterior storage units, and balconies enhance livability and tenant retention, while metal roofs provide long-term durability and reduced capital expenditure risk. Site-level amenities further strengthen the property’s appeal, with one off-street parking space per unit located inside a secure gated entry, offering both convenience and peace of mind. As a turn-key, 2025-built asset with separate tax parcels, A/C in every unit and high-quality construction, this property is ideally suited for investors seeking a low-maintenance, income-producing asset with multiple exit strategies—hold as a long-term rental, gradually sell units individually, or reposition over time as the surrounding single-family market continues to appreciate.

Contact:

COMPASS

Property Subtype:

Apartment

Date on Market:

2025-11-06

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More details for 2112 3rd Ave, Seattle, WA - Office for Sale

2112 Third Avenue - 2112 3rd Ave

Seattle, WA 98121

  • Convenience Store
  • Office for Sale
  • $9,237,307 CAD
  • 36,272 SF
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More details for 2418 NW 58th St, Seattle, WA - Multifamily for Sale

2418 Ballard - 2418 NW 58th St

Seattle, WA 98107

  • Convenience Store
  • Multifamily for Sale
  • $7,526,695 CAD
  • 8,211 SF
  • Air Conditioning
  • Controlled Access

Seattle Multifamily for Sale - Ballard/U Dist

Introducing 2418 Ballard, a modern investment opportunity in the heart of Seattle's Ballard neighborhood. Consisting of 42 micro-units, this transit-oriented property is strategically located at 2418 NW 58th St, offering immediate rental upside with rents below market rate. Priced attractively at $5.5 million ($130,952 per unit), recent leases have shown a 10% rent increase, indicating strong market demand. The efficient micro-living design maximizes functionality with smart unit layouts and communal kitchens, rooftop deck, and laundry facilities. With a Walk Score of 97 and Bike Score of 92, residents enjoy car-free living options and easy access to downtown Seattle via the planned Ballard Station. The submarket boasts strong fundamentals with high occupancy rates and 2.2% annual rent growth, making it a lucrative investment opportunity. Don't miss this chance to own 2418 Ballard - a property that combines modern living, convenience, and investment potential in a thriving Seattle neighborhood. Immediate Rental Upside: This 2015-built property offers immediate upside with current rents averaging 13% below market rate. Attractive Unit Pricing: At $5.5 million, this property offers compelling value at $130,952K per unit, with recent leases achieving 10% rent increases that demonstrate strong market demand. Strategic Ballard Location: Positioned three blocks from Market Street's retail core and 24th Avenue corridor, with convenient transit access to Downtown Seattle employment centers. Efficient Micro-Living Design: 2418 Ballard features 42 thoughtfully designed micro units averaging 196 square feet, maximizing functionality through smart layouts and efficient storage; units feature floor-to-ceiling windows, efficient storage design, LVP flooring, and kitchenettes with microwave and mini fridge. *Features vary by unit. Thoughtful Building Amenities: Amenities include communal kitchens, a shared garden space, rooftop deck, laundry facilities, and high-speed internet to enhance the resident experience. Exceptional Walkability: A Walk Score of 97 and Bike Score of 92 provide residents with the option of car-free living; the property sits less than one mile from the planned Ballard Station, scheduled to connect Downtown Seattle by 2039. Strong Submarket Fundamentals: The submarket shows 51% renter occupancy, average effective rents of $2,278 (2.2% annual growth), and 95.6% occupancy rates as of Q2 2025. Professional Tenant Profile: 76% of residents hold a bachelor's degree or higher, supported by over 1,900+ local establishments employing 20,700+ workers; local household incomes exceed the Metro Seattle average by 21%. Upward Growth Trajectory: Ballard’s five-year population growth is projected at 4.8%, with average household income within three miles expected to reach $341,595 by 2030, supporting continued rental demand.

Contact:

Berkadia

Property Subtype:

Apartment

Date on Market:

2025-09-16

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More details for 7919 Wallingford Ave N, Seattle, WA - Multifamily for Sale

Abbey Apartments - 7919 Wallingford Ave N

Seattle, WA 98103

  • Convenience Store
  • Multifamily for Sale
  • $4,782,872 CAD
  • 8,800 SF

Seattle Multifamily for Sale - Ballard/U Dist

Paragon Real Estate Advisors is pleased to announce for sale the Abbey Apartments; an 11-unit, value-add building in a remarkable Green Lake location. Located just a parcel away from the north shore of Green Lake, the property has been owned and cared for by the same family that had it built and offers an investor the rare opportunity to acquire a high-quality asset with immediate income upside and value-add opportunity. The property features 7 - one-bedroom/one-bath units, 3 - two-bedroom/one bath units, and a spacious (1,400 SqFt) three-bedroom/two-bath penthouse. With an average unit size of 800 SqFt, residents enjoy generous living space in each home and units appeal to a wide range of renters. There is common laundry on-site with one of the two-bedroom units having its own in-unit washer and dryer, proving the ability to add washer and dryer into the rest of the units. Parking is a luxury near the lake, and this property has 6 tuck-under stalls and 8 off street surface stalls for a total of 14 spaces. The building has been well-maintained and thoughtfully upgraded by ownership and has received some recent capital improvements. Some recent projects include the replacement of the roof in 2021, replumbing of the top floor and replacement of unit breaker panels. Most of the unit interiors have been updated with new cabinetry, countertops, carpet/flooring, fixtures and stainless-steel appliances. These upgrades elevate the property’s visual appeal and desirability to tenants and also limit future capital expenditure. Just steps from the shores of Green Lake, the Abbey Apartments put the best of Seattle’s outdoor lifestyle right at your doorstep. From scenic strolls and bike rides along the 2.8-mile trail to paddleboarding and pickleball. Surrounded by vibrant restaurants, cafes, and everyday amenities, the location offers unbeatable convenience. Plus, with the University of Washington just minutes away and seamless access to Fremont, Wallingford, the U-District, and downtown via major transit routes, you’re connected to everything that makes Seattle thrive.

Contact:

Paragon Real Estate Advisors

Property Subtype:

Apartment

Date on Market:

2025-09-03

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More details for 12848 Martin Luther King Jr Way, Seattle, WA - Retail for Sale

7-Eleven - 12848 Martin Luther King Jr Way

Seattle, WA 98178

  • Convenience Store
  • Retail for Sale
  • $6,755,961 CAD
  • 2,428 SF
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More details for 4319-4327 Fremont Ave N, Seattle, WA - Land for Sale

4319-4327 Fremont Ave N

Seattle, WA 98103

  • Convenience Store
  • Land for Sale
  • $4,447,592 CAD
  • 0.24 AC Lot
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More details for 8212-8218 Greenwood Ave N, Seattle, WA - Retail for Sale

8212-8218 Greenwood Ave N

Seattle, WA 98103

  • Convenience Store
  • Retail for Sale
  • $7,526,695 CAD
  • 12,930 SF
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