Listed by COMPASS
$5,500,000

8214 Greenwood Ave N Seattle, WA 98103

Greenwood Neighborhood

Estimated payment $33,536/month

Total Views 5,201
7 Beds
7 Baths
16,974 Sq Ft
$324 Price per Sq Ft

Highlights

  • 0.29 Acre Lot
  • No HOA
  • Wood Siding
  • Greenwood Elementary School Rated A-
  • Baseboard Heating
  • 2-minute walk to Alice Ball Park

About This Home

Acquire this stabilized high-performing asset in Greenwood—one of Seattle’s most desirable neighborhoods. Ideally located within walking distance of major bus routes and downtown Greenwood’s vibrant retail, dining, and entertainment scene, this mixed-use property features 5 ground-floor retail spaces fronting Greenwood Ave with excellent visibility and foot traffic. The residential portion includes 7 well-appointed apartments: 3 one-bedrooms, 2 studios, and 2 two-bedrooms, plus 21 dedicated parking spaces and on-site laundry. With strong cash flow and a prime location, this turnkey investment offers immediate income in a high-demand market. The parcel is zoned NC2P-55, allowing for future development potential—buyer to verify.

Listing Agent

Ben Kaufman

COMPASS License #18974 Listed on: 05/12/2025

COMPASS

Co-Listing Agent

Nicole Allen

COMPASS License #125672

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2375807

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $43,515

Year Built

  • Built in 1912

Parking

  • 21 Parking Spaces

Home Design

  • Flat Roof Shape
  • Wood Siding

Interior Spaces

  • 16,974 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Bathrooms

Additional Features

  • 0.29 Acre Lot
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Greenwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6430500227

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$43,515

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1912
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 16974
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 109

Interior Features

  • Possible Use: Residential, Retail
  • Total Bedrooms: 7
  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

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

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • Total Parking Spaces: 21
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • WaterSewerGarbage: 3243

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • Annual Fuel Expense: 3243

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 6430500227
  • Lot Size Acres: 0.2899
  • Lot Size Sq Ft: 12628
  • Zoning Description: Residential,Retail
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: public record
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 15.26
  • LeasedItems: None
  • TotalMonthlyIncome: 11850

Multi Family

  • Gross Scheduled Income: 360387
  • Net Operating Income: 253834
  • Number Of Units Total: 12
  • Electric Expense: 3243
  • Insurance Expense: 9596
  • Leasable Area: 15840
  • EnergySource: Electric
  • UnitsInBuildingTotal: 12
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2024
  • Tax Annual Amount: 43515

Map

Range of Values:

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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 Change Sq Ft Price
05/12/2025 05/12/25 For Sale $5,500,000 -- $324 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2375807

Northwest Multiple Listing Service (NWMLS)
Washington King County Seattle 98103 Greenwood

8214 Greenwood Ave N, Seattle, WA

This home is located at 8214 Greenwood Ave N, Seattle, WA 98103 and is currently priced at $5,500,000, approximately $324 per square foot. This property was built in 1912. 8214 Greenwood Ave N is a home located in King County with nearby schools including Greenwood Elementary School, Robert Eagle Staff Middle School, and Ingraham High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) 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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Ben Kaufman
Listing Agent
Ben Kaufman
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COMPASS
(206) 962-8287