We are pleased to present the Davis Apartments in the North Queen Anne neighborhood of Seattle. This ten-unit asset features a mix of two one-bedroom and eight two-bedroom apartments averaging 746 SF. Constructed in 1981, the building feature modern systems and a pitched roof. 100% vacant in anticipation of a sale. This presents an attractive opportunity to quickly renovated all the units to achieve top of market rents.
Last Agent to Sell the Property
Matt Johnston
Northmarq Multifamily, LLC License #135732 Listed on: 10/23/2024
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2304771
$2,250,000
Portfolio of SEVEN 2 and 3 bed CONDO UNITS located at the well maintained + professionally managed Gilmanor Building, a premier Magnolia Community. Unique investment and perfect 1031 exch opportunity offers investors strong cash flow, stable rents in high appreciation zip code. Each unit is thoughtfully designed for comfort+ efficiency, ranging in size from 786-1081 sf. Units feature gas
George Graham John L. Scott, Inc
$2,600,000
Welcome to Madison Manor: clear & present 8.0 Cap Rate. 18-BR/ 5-Bath Craftsman Duplex on Greek Row has $21,470/m. Zero vac 5+ yrs w/ same group, leased to Aug 2026. Grand porch & entry, giant box beam liv rm, 2nd kit & sep entry, alley & parking. 3 medium / 15 big giant BR's, some 200+ sqft, to attract & retain $1190/m average. Sprinkler system serviced yearly, all newer double windows, new gas
Matthew Townsend Windermere Real Estate Co.
$3,650,000
The Abbey Apartments is 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 -
Will Douglas Paragon Real Estate Advisors
$2,295,000
Rare Central District 6-Unit w/ Upside + LR2 Rezone Potential Exciting opportunity to own a well-located 6-unit in one of Seattle’s most dynamic neighborhoods. Sits on a 7,200 SF lot with proposed LR2 zoning, offering solid in-place income plus redevelopment potential. Mix of 2-, 3-, and rare 4-bedroom layouts. Major 2018 updates include rebuilt units, PEX plumbing, new electrical panels, vinyl
Reid Jones Westlake Associates, Inc.
$3,000,000
Northtown Flats is an impressive, 10-unit apartment building featuring a desirable unit mix of (6) 2-bed, 2-bath units, and (4) generously sized 1-bed units. Each unit offers ample space and modern amenities, including in-unit washer and dryers and modern appliance packages. All units boast covered decks or private patios. The exterior of the building has been thoughtfully refreshed with a new
Travis Kannier Westlake Associates, Inc.
$2,400,000
Rare Investment Opportunity in Desirable Leschi! Don’t miss this exceptional 8-unit multifamily property in sought-after Leschi, featuring three tax parcels totaling 14,980 sq ft with strong cash flow and the opportunity to add value. Multiple development options as well! Each 2-bedroom, 1-bath unit provides 800 sq ft of living space, with garage rental options and several updated units for
Jolene Brown COMPASS
$3,150,000
The Olympus Apartments is a 20-unit multifamily investment located at 9041 16th Ave SW in the heart of Seattle’s vibrant White Center neighborhood. Offered for the first time in over 25 years, this well-located property provides immediate income with a 5.91% in-place cap rate, while also offering a clear value-add opportunity through continued unit renovations and rental upside. Built in 1957,
Tanner Fogle Paragon Real Estate Advisors
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/03/2025 02/03/25 | Sold | $2,950,000 | 0.0% | -- |
| 11/26/2024 11/26/24 | Pending | -- | -- | -- |
| 10/23/2024 10/23/24 | For Sale | $2,950,000 | -- | -- |
M
Seller's Agent in 2025
Matt Johnston
Northmarq Multifamily, LLC
Seller Co-Listing Agent in 2025
Taylor Wyman
Northmarq Multifamily, LLC
(425) 577-8481
1 in this area
5 Total Sales
D
Buyer's Agent in 2025
David Yuchasz
Crosby & Co Real Estate
(206) 799-1660
1 in this area
9 Total Sales
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2304771
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