Listed by Paragon Real Estate Advisors
$2,800,000

Estimated payment $17,860/month

Total Views 418
14 Beds
12 Baths
8,580 Sq Ft
$326 Price per Sq Ft

Highlights

  • No HOA
  • 2-minute walk to Westlake & Thomas
  • 4-minute walk to Denny Park
  • Garfield High School Rated A
  • Wood Siding

About This Home

The Harrison Apartments, a rare investment opportunity in the heart of South Lake Union, is being offered for the first time in over three decades. Situated on a 7,200 SF corner lot with alley access, this 12-unit property has a historically low vacancy rate and the building provides immediate value-add potential with rents currently ~40% below market and additional upside through renovations. The mix includes ten 1BR/1BA units (approx. 700 SF) and two 2BR/1BA units (approx. 850 SF), with 5 units partially updated. Zoned SM-SLU 85-280, the site offers significant redevelopment potential, with preliminary estimates supporting up to 55 units (buyer to verify).

Listing Agent

Will Douglas

Paragon Real Estate Advisors License #23011013 Listed on: 08/04/2026

Co-Listing Agent

Ryan Iles

Paragon Real Estate Advisors License #108410

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2564376

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $30,000

Year Built

  • Built in 1911

Home Design

  • Flat Roof Shape
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 8,580 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 12 Bathrooms

Additional Features

  • 7,200 Sq Ft Lot
  • Wall Furnace

Community Details

  • No Home Owners Association
  • South Lake Union Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1988201580

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$30,000

Year Built

Built in 1911

Lot Details

7,200 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1911
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • Structure Type: Multi Family
  • CalculatedSquareFootage: 8580
  • Special Features: None

Interior Features

  • Total Bedrooms: 14
  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Flat, Torch Down
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: See Remarks, Wall Furnace
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 1988201580
  • Lot Size Acres: 0.1653
  • Lot Size Sq Ft: 7200
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records

Green Features

  • Power Production Type: Electric

Rental Info

  • ShortTermRentalYN: false
  • GrossRentMultiplier: 13.2
  • LeasedItems: None
  • TotalMonthlyIncome: 17696

Tax Info

  • Year: 2025
  • Tax Annual Amount: 30000

Multi Family

  • Number Of Units Total: 12
  • 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

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
08/04/2026 08/04/26 For Sale $2,800,000 -- $326 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2564376

Northwest Multiple Listing Service (NWMLS)
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