Seller's Agent in 2025
Chad Martini
Westlake Associates, Inc.
(206) 321-3226
1 in this area
25 Total Sales
Listed by Westlake Associates, Inc., Bought with Skyline Properties, Inc.
5505 NE 65th St Seattle, WA 98115
Windermere Neighborhood
8
Beds
8
Baths
3,610
Sq Ft
6,000
Sq Ft Lot
Highlights
- No HOA
- Vinyl Plank Flooring
- Wood Siding
- Eckstein Middle School Rated A
About This Home
As of December 2025Burkewood Apartments is an appealing 8-unit multifamily investment in Seattle’s sought-after Hawthorne Hills neighborhood. This well-maintained property, built in 1956, boasts 8 moderately updated 1BD/1BA units on a 6,000 SF lot zoned NR3, offering future redevelopment potential. Burkewood provides strong value-add opportunities via rent increases—current averages of $1,409 per unit could rise to proforma market levels of $1,550, elevating NOI from $86,662 to $110,933 and cap rate from 5.29% to 6.72%. The prime location, near Magnuson Park, the Burke-Gilman Trail, University of Washington, Seattle Children’s Hospital, and University Village, drives tenant appeal in a high-demand, supply-limited area with top schools and amenities.
Last Agent to Sell the Property
Westlake Associates, Inc. License #118627 Listed on: 10/24/2025
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2448363
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,362
Year Built
- Built in 1956
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Bitumen Roof
- Wood Siding
Interior Spaces
- 3,610 Sq Ft Home
- 2-Story Property
Flooring
- Laminate
- Vinyl Plank
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Bathrooms
Parking
- 5 Parking Spaces
- Open Parking
Additional Features
- 6,000 Sq Ft Lot
- Heating System Mounted To A Wall or Window
Community Details
- No Home Owners Association
- Hawthorne Hills Subdivision
Listing and Financial Details
- Assessor Parcel Number 1125049136
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/19/2025 12/19/25 | Sold | $1,600,000 | -3.0% | $443 / Sq Ft |
| 11/17/2025 11/17/25 | Pending | -- | -- | -- |
| 10/24/2025 10/24/25 | For Sale | $1,650,000 | -- | $457 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $13,253 | $1,359,000 | $750,000 | $609,000 |
| 2023 | $12,857 | $1,492,000 | $750,000 | $742,000 |
| 2022 | $14,857 | $1,493,000 | $540,000 | $953,000 |
| 2021 | $16,077 | $1,604,000 | $540,000 | $1,064,000 |
| 2020 | $14,301 | $1,657,000 | $540,000 | $1,117,000 |
| 2018 | $11,627 | $1,278,000 | $540,000 | $738,000 |
| 2017 | $10,078 | $1,161,000 | $540,000 | $621,000 |
| 2016 | $8,642 | $1,038,000 | $510,000 | $528,000 |
| 2015 | $7,674 | $865,000 | $360,000 | $505,000 |
| 2014 | -- | $785,000 | $300,000 | $485,000 |
| 2013 | -- | $741,000 | $300,000 | $441,000 |
Source: Public Records
Agents Affiliated with this Home
-
Chad Martini
-
David Petersen
Seller Co-Listing Agent in 2025
David Petersen
Westlake Associates, Inc.
(206) 300-8909
1 in this area
28 Total Sales
-
Marie Chin
M
Buyer's Agent in 2025
Marie Chin
Skyline Properties, Inc
(206) 250-6637
1 in this area
12 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2448363
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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. ©2025 NWMLS.
Based on information submitted to the MLS GRID
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