Listed by Northmarq Multifamily, LLC, Bought with Crosby & Co Real Estate
NOT LISTED FOR SALE
18 Beds
10 Baths
-- Sq Ft
8,475 Sq Ft Lot

Last Sold February 03, 2025

Last sale price $2,950,000

34 Days on Market

About This Home

As of February 2025

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

Co-Listed By

Taylor Wyman

Northmarq Multifamily, LLC License #113007

Last Buyer's Agent

David Yuchasz

Crosby & Co Real Estate License #25170

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2304771

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,035

Year Built

  • Built in 1981

Lot Details

  • 8,475 Sq Ft Lot
  • 8900000050

Home Design

  • Composition Roof
  • Wood Composite

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 10 Bathrooms

Parking

  • 10 Parking Spaces
  • Open Parking

Additional Features

  • 3-Story Property
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • Queen Anne Subdivision

Listing and Financial Details

  • Assessor Parcel Number 8900000050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,035

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1981
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 0
  • NWM_AdditionalParcelsDescription: 8900000050
  • Special Features: None

Interior Features

  • Total Bedrooms: 18
  • Fireplace: No
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Structure Type: Multi Family

Garage/Parking

  • Carport Spaces: 6
  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 10

Utilities

  • Sewer: Available
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 8900000050
  • Lot Size Acres: 0.1946
  • Lot Size Sq Ft: 8475
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: County

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 12.2
  • LeasedItems: None
  • TotalMonthlyIncome: 263250

Tax Info

  • Year: 2023
  • Tax Annual Amount: 24035

Multi Family

  • Number Of Units Total: 10
  • EnergySource: Electric
  • UnitsBelowGrade: false
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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 -- --
Source: Northwest Multiple Listing Service (NWMLS)

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 $908 $2,838,000 $1,822,100 $1,015,900
2023 $908 $3,087,000 $1,822,100 $1,264,900
2022 $974 $3,227,000 $1,356,000 $1,871,000
2021 $908 $3,107,000 $1,356,000 $1,751,000
2020 $846 $0 $0 $0
2018 $737 $0 $0 $0
2017 $670 $2,646,000 $1,059,300 $1,586,700
2016 $612 $2,448,000 $847,500 $1,600,500
2015 -- $2,002,000 $847,500 $1,154,500
2014 -- $1,744,000 $762,700 $981,300
2013 -- $1,577,000 $720,300 $856,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2304771

Northwest Multiple Listing Service (NWMLS)