5030 15th AVE NE #1-5, Seattle, WA 98105
5030 15th AVE NE #1-5, Seattle, WA 98105
5030 15th AVE NE #1-5, Seattle, WA 98105
5030 15th AVE NE #1-5, Seattle, WA 98105
5030 15th AVE NE #1-5, Seattle, WA 98105
5030 15th AVE NE #1-5, Seattle, WA 98105
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Jesse Castaneda

Jesse Castaneda

+1(480) 277-4578
Listed by:Kidder Mathews • Dan Swanson
$ 1,325,000
Est. payment | /mo

8 Beds

5 Baths

4,005 SqFt

Save
$ 1,325,000
Est. payment | /mo
Save

8 Beds

5 Baths

4,005 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,005 sqft

Price per Sqft $330

Subdivision University District

MLS Listing ID 2583445

Style 55 - 5-9 Units

Bedrooms 8

Year Built 1911

Annual Tax Amount $13,209

Lot Size 4,320 Sqft

Property Sub-Type Multi Family

Property Description

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.

Location

State WA

County King

Area 710 - North Seattle

Interior

Fireplace false

Exterior

Exterior Feature Wood

Amenities Available Fenced-Partially

View Y/N No

Roof Type Composition

Building

Lot Description Alley, Curbs, Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Laurelhurst

Middle Schools Eckstein Mid

High Schools Roosevelt High

School District Seattle

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

NEARBY SCHOOLS & PROPERTIES

Jesse Castaneda

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(480) 277-4578

jecastan23@yahoo.com

18134 72nd Ave E, Puyallup, Washington 98375, United States

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5030 15th AVE NE #1-5