2318 Yale Ave E Seattle, WA 98102
Eastlake NeighborhoodEstimated payment $19,538/month
Highlights
- 0.15 Acre Lot
- No HOA
- Wood Siding
- Montlake Elementary School Rated A
- Baseboard Heating
- 3-minute walk to Lynn Street Mini Park
About This Home
The Jennifer Marie is a 10-unit apartment building located in the heart of Seattle’s Eastlake neighborhood. Built in 1969, the property features a mix of 1BD, 2BD, and 3BD units totaling 8,850 rentable square feet on a 6,600 square foot lot zoned LR3 (M). The building is in strong physical condition with major systems in great shape. New roof was installed in May 2025 and comes with a transferable warranty. 8 units received new luxury vinyl plank (LVP) flooring when they were turned over between late 2023 and early 2024. The kitchens and bathrooms across the building remain largely original, creating a clear renovation path in targeted improvements to push rents from the current average of $2,197 to a projected $2,663, a 21% increase. The building has 12 parking stalls (9 open and 3 covered tandem). 2 units are currently nonconforming. The Seller has invested in architectural plans and worked with the City of Seattle to prepare a legalization permit. The permit is teed up for a buyer to go to the city, pay the outstanding fees, and pick it up (buyer to verify).
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2518111
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $30,522
Year Built
- Built in 1969
Parking
- 3 Covered Spaces
Home Design
- Flat Roof Shape
- Poured Concrete
- Wood Siding
- Stucco
Interior Spaces
- 8,850 Sq Ft Home
- 3-Story Property
- Laminate Flooring
Bedrooms and Bathrooms
- 14 Bedrooms
- 11 Bathrooms
Additional Features
- 6,600 Sq Ft Lot
- Baseboard Heating
Community Details
- No Home Owners Association
- Eastlake Subdivision
Listing and Financial Details
- Assessor Parcel Number 2902201075
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/06/2026 07/06/26 | Price Changed | $3,095,000 | -6.1% | $350 / Sq Ft |
| 05/04/2026 05/04/26 | For Sale | $3,295,000 | -- | $372 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2518111
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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2026 NWMLS.
Based on information submitted to the MLS GRID
Listings courtesy of Northwest Multiple Listing Service (NWMLS) as distributed by MLS GRID
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Ask me questions while you tour the home.