Listed by Kidder Mathews
$7,000,000

Estimated payment $45,051/month

39 Beds
39 Baths
19,610 Sq Ft
$357 Price per Sq Ft

Highlights

  • 0.31 Acre Lot
  • Vinyl Plank Flooring
  • Baseboard Heating
  • No HOA

About This Home

Kidder Mathews is pleased to present Naomi & Charmaine, a 39-unit vintage apartment community located at 625–627 4th Avenue W in Seattle’s highly desirable Lower Queen Anne neighborhood. The offering consists of two classic brick buildings constructed in 1929 and 1930, featuring hardwood floors, built-in cabinetry, and timeless architectural details. The unit mix includes 32 studios and seven one-bedroom units, with 31 classic units providing a clear renovation and rent-growth opportunity. The property totals approximately 19,610 rentable square feet and includes shared laundry and 10 off-street parking stalls. Recent improvements include tuck-pointed masonry, re-caulked double-pane windows, TPO membrane roofs, breaker-panel electrical systems, updated plumbing, and central hot water. Residents benefit from a walkable location near Seattle Center, Climate Pledge Arena, grocery stores, restaurants, entertainment, Downtown Seattle, and South Lake Union employment centers. Naomi & Charmaine offers investors attractive scale, irreplaceable vintage character, and meaningful value-add upside in one of Seattle’s most established rental markets.

Listing Agent

Max Frame

Kidder Mathews License #130533 Listed on: 07/30/2026

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2562347

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $82,916

Year Built

  • Built in 1929

Lot Details

  • 13,380 Sq Ft Lot
  • 387690-0115,387690-0125
  • Property is in good condition

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 19,610 Sq Ft Home
  • 3-Story Property
  • Vinyl Plank Flooring

Bedrooms and Bathrooms

  • 39 Bedrooms
  • 39 Bathrooms

Utilities

  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Queen Anne Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3876900115

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$82,916

Year Built

Built in 1929

Lot Details

0.31 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1929
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • Structure Type: Multi Family
  • CalculatedSquareFootage: 19610
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: Call Broker - Jack Shephard
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Multi-Family
  • Total Bedrooms: 39
  • Fireplace: No
  • Flooring: Vinyl Plank
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Flat
  • Lot Features: Curbs
  • View: No
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: Brick
  • Foundation Details: Poured Concrete
  • Property Condition: Good

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: SPU
  • WaterCompany: SPU

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • Annual Fuel Expense: 18946

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 3876900115
  • Lot Size Acres: 0.3072
  • Lot Size: 13380
  • Lot Size Sq Ft: 13380
  • Additional Parcels Description: 387690-0115,387690-0125
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: KCPV
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • ShortTermRentalYN: false
  • GrossRentMultiplier: 18
  • LeasedItems: None
  • TotalMonthlyIncome: 54335

Tax Info

  • Year: 2026
  • Tax Annual Amount: 82916

Multi Family

  • Number Of Units Total: 2
  • Electric Expense: 18945
  • EnergySource: Electric
  • UnitsBelowGrade: false

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax 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.

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
2025 $49,549 $4,875,000 $3,021,000 $1,854,000
2024 $46,576 $4,937,000 $3,021,000 $1,916,000
2023 $48,973 $5,504,000 $3,021,000 $2,483,000
2022 $47,974 $5,906,000 $2,703,000 $3,203,000
2021 $53,315 $5,324,000 $2,544,000 $2,780,000
2020 $50,532 $5,629,000 $2,544,000 $3,085,000
2018 $42,802 $4,861,000 $2,385,000 $2,476,000
2017 $37,065 $4,400,000 $1,908,000 $2,492,000
2016 $40,447 $3,936,000 $1,431,000 $2,505,000
2015 -- $4,200,000 $1,017,600 $3,182,400
2014 -- $3,800,000 $1,017,600 $2,782,400
2013 -- $3,400,000 $985,800 $2,414,200
Source: Public Records

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
07/30/2026 07/30/26 For Sale $7,000,000 -- $357 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase 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 Type Sale Price Title Company
Quit Claim Deed -- --
Quit Claim Deed -- --
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2562347

Northwest Multiple Listing Service (NWMLS)

APN: 387690-0125

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