Listed by VerraTerra
$1,900,000

Estimated payment $10,248/month

Total Views 3,171
8 Beds
8 Baths
4,706 Sq Ft
$404 Price per Sq Ft

Highlights

  • Built Green
  • No HOA
  • High Speed Internet
  • Daniel Bagley Elementary School Rated A-
  • Patio
  • Gated Home

About This Home

Built in 2015, this contemporary midrise offers 8 thoughtfully designed one-bedroom residences in the heart of North Seattle. Large windows that fill the space with natural light, driftwood-style flooring, and granite countertops that complement the sleek stainless steel appliances and tile backsplashes. Residents enjoy in-unit washer and dryers, AC, and a modern open layout ideal for today’s urban lifestyle. Located near shops, transit, and neighborhood amenities, this property offers both modern comfort and long-term value. The building's clean modern design and low-maintenance systems make it an ideal long-term hold for investors seeking stable cash flow and appreciation potential. 6% cap rate. Prop tax reduced thru 2028 for MFTE.

Listing Agent

James Hsu

VerraTerra License #1675 Listed on: 11/03/2025

Co-Listing Agent

Jessica Welch

VerraTerra License #126673

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2451010

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,869

Year Built

  • Built in 2015

Lot Details

  • 3,290 Sq Ft Lot
  • Gated Home
  • Property is Fully Fenced
  • Property is in good condition

Home Design

  • Flat Roof Shape
  • Poured Concrete
  • Cement Board or Planked

Interior Spaces

  • 4,706 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Schools

  • Daniel Bagley Elementary School
  • Robert Eagle Staff Middle School
  • Ingraham High School

Utilities

  • Ductless Heating Or Cooling System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Built Green
  • Patio

Community Details

  • No Home Owners Association
  • Licton Springs Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9524100370

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,869

Year Built

Built in 2015

Lot Details

3,290 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 2015
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 4706
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Fireplace: No
  • Stories: 4
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Flat
  • Lot Features: Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Construction Type: Cement Plank
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Fully Fenced, Security Gate
  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Ductless
  • Heating Yn: Yes
  • PowerCompany: Seattle City Light
  • SewerCompany: Seattle Public Utilities
  • WaterCompany: Seattle Public Utilities
  • CableConnected: Comcast
  • InternetConnected: Comcast

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle
  • High School: Ingraham High
  • Middle Or Junior School: Robert Eagle Staff Middle School

Lot Info

  • Parcel Number: 9524100370
  • Lot Size Acres: 0.0755
  • Lot Size Sq Ft: 3290
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Gated Entry,High Speed Internet,Patio
  • MLSLotSizeSource: King County Parcel Viewer

Green Features

  • Green Building Verification Type: Built Green™
  • Power Production Type: Electric
  • GreenVerificationBuiltGreenRating: 4-Star

Rental Info

  • GrossRentMultiplier: 11.7
  • LeasedItems: None
  • TotalMonthlyIncome: 13500

Tax Info

  • Year: 2025
  • Tax Annual Amount: 5869

Multi Family

  • Number Of Units Total: 8
  • Electric Expense: 7867
  • EnergySource: Electric
  • EnvironmentalCertification: Built Green™
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Daniel Bagley

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,869 $592,200 $592,200 --
2023 -- $1,385,800 -- $1,385,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/17/2025 11/17/25 For Sale $1,900,000 0.0% $404 / Sq Ft
11/07/2025 11/07/25 Pending -- -- --
11/03/2025 11/03/25 For Sale $1,900,000 -24.0% $404 / Sq Ft
06/05/2017 06/05/17 Sold $2,500,000 -5.6% $579 / Sq Ft View Prior Sale
05/05/2017 05/05/17 Pending -- -- --
04/25/2017 04/25/17 Price Changed $2,649,000 -1.2% $614 / Sq Ft
03/23/2017 03/23/17 For Sale $2,680,000 +1738.1% $621 / Sq Ft
05/17/2013 05/17/13 Sold $145,800 0.0% $166 / Sq Ft View Prior Sale
01/07/2013 01/07/13 Pending -- -- --
03/23/2012 03/23/12 For Sale $145,800 -- $166 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2451010

Northwest Multiple Listing Service (NWMLS)

APN: 952410-0370

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