Listed by Blake Investment Advisors
$1,749,000

Estimated payment $11,512/month

Total Views 50
8 Beds
8 Baths
3,760 Sq Ft
$465 Price per Sq Ft

Highlights

  • No HOA
  • Baseboard Heating
  • 4-minute walk to Ward Springs Park
  • John Hay Elementary School Rated A

About This Home

$218K PER UNIT IN "A+" LOCATION WITH VALUE-ADD UPSIDE! | 717 3rd Ave N is an 8-unit apartment investment located on the desirable south slope of Queen Anne, offering residents walkable access to major employers, shopping, dining, the Space Needle, Seattle Center, and Climate Pledge Arena. The building was originally constructed in 1945 with wood framing and features copper plumbing, updated electrical panels, double-pane vinyl windows, brick veneer, and horizontal and vertical cedar lap siding. A private parking lot with eight stalls is located on the west side of the property. The building sits on a 7,860-square-foot lot zoned LR3, a popular low-rise zoning designation in Seattle that allows for the development of townhomes, apartments, and row houses. The property consists of eight one-bedroom, one-bathroom units, each averaging approximately 470 square feet. Each unit has been extensively updated with hardwood flooring, new granite countertops, electric baseboard heating, new cabinetry, new appliances, new lighting fixtures, new doors, and fully renovated bathroom fixtures. Additionally, two top-floor units feature private balconies. These efficient, modernized one-bedroom units are low-maintenance and require minimal capital investment upon turnover. An assumable loan with a 3.52% interest rate is available for qualified buyers.

Listing Agent

Gabe Blake

Blake Investment Advisors License #22018000 Listed on: 06/03/2026

Co-Listing Agent

Josh Blake

Blake Investment Advisors License #24948

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2532678

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,338

Year Built

  • Built in 1945

Home Design

  • Composition Roof
  • Wood Composite

Interior Spaces

  • 3,760 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Additional Features

  • 7,680 Sq Ft Lot
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Queen Anne Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5457800210

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,338

Year Built

Built in 1945

Lot Details

7,680 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1945
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 3760
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Total Bedrooms: 8
  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Coin Op Laundry

Exterior Features

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

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • Total Parking Spaces: 8

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 5457800210
  • Lot Size Acres: 0.1763
  • Lot Size Sq Ft: 7680
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: King County
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • ShortTermRentalYN: false
  • GrossRentMultiplier: 12.32
  • LeasedItems: None
  • TotalMonthlyIncome: 12438

Tax Info

  • Year: 2026
  • Tax Annual Amount: 24338

Multi Family

  • Number Of Units Total: 8
  • 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 $24,338 $2,305,000 $2,304,000 $1,000
2024 $22,619 $2,305,000 $2,304,000 $1,000
2023 $18,784 $2,305,000 $2,304,000 $1,000
2022 $19,819 $2,162,000 $2,112,000 $50,000
2021 $20,761 $2,113,000 $2,112,000 $1,000
2020 $20,236 $2,113,000 $2,112,000 $1,000
2018 $19,036 $2,087,000 $1,728,000 $359,000
2017 $17,696 $1,899,000 $1,267,200 $631,800
2016 $14,704 $1,827,000 $1,152,000 $675,000
2015 -- $1,473,000 $883,200 $589,800
2014 -- $1,325,000 $883,200 $441,800
2013 -- $1,080,000 $844,800 $235,200
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
06/03/2026 06/03/26 For Sale $1,749,000 -- $465 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2532678

Northwest Multiple Listing Service (NWMLS)
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