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$1,518,000
2554023 MLS ⋅ ACTIVE Status
Exceptional 13-unit investment and redevelopment opportunity on a 13,440 SF lot in prime and highly connected North Seattle location. The property includes two buildings with a desirable mix of studio, one- and two-bedroom residences, offering multiple investment strategies. Continue operating as an income-producing apartment community, increase returns through rent optimization and strategic improvements, or hold as a long-term development site. Current gross scheduled income is approximately $14,288 per month, with additional upside as several rents remain below market. Most units have been updated. NC3-55 zoning may offer potential for a future multifamily development of approximately 60–80 units; buyer to verify all development feasibility. Conveniently located near Northgate Light Rail, transit, shopping, dining, major employers and daily amenities, with an 87 Walk Score. A compelling combination of current income, value-add potential and long-term redevelopment opportunity.

10531 Aurora Avenue N, Seattle

Listing courtesy of Real Property Associates.

$2,525,000
2553931 MLS ⋅ ACTIVE Status
The Monterey Apartments feature elegant and timeless architecture that appeals to a broad spectrum of renters seeking character and warmth not found in typical new buildings. There are a total of 13 apartments with a balanced mix of spacious studios and one-bedrooms and a large (1,253 SF), recently renovated two-bedroom plus den floor plan. The units are inviting and comfortable, with tall ceilings, beautiful original hardwood floors, efficient floor plans, charming period details and great natural lighting. Units on the upper floor enjoy wonderful territorial views of Green Lake and Greenwood.

8008 Greenwood Avenue N, Seattle

Listing courtesy of Paragon Real Estate Advisors.

$5,500,000
2375807 MLS ⋅ ACTIVE Status
Acquire this stabilized high-performing asset in Greenwood—one of Seattle’s most desirable neighborhoods. Ideally located within walking distance of major bus routes and downtown Greenwood’s vibrant retail, dining, and entertainment scene, this mixed-use property features 5 ground-floor retail spaces fronting Greenwood Ave with excellent visibility and foot traffic. The residential portion includes 7 well-appointed apartments: 3 one-bedrooms, 2 studios, and 2 two-bedrooms, plus 21 dedicated parking spaces and on-site laundry. With strong cash flow and a prime location, this turnkey investment offers immediate income in a high-demand market. The parcel is zoned NC2P-55, allowing for future development potential—buyer to verify.

8214 Greenwood Avenue N, Seattle

Listing courtesy of COMPASS.

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