Provided by NWMLS, Listed by Kidder Mathews

Active

4253 7th Avenue NE

Seattle WA, 98105

$8,900,000


$432.31 per sqft

Active

20,587 sqft

Multi-family

Built in 1985

Maplewood offers a 24-unit value-add apartment building located in the highly sought-after University District of Seattle.Offered for sale at $8.9 million, this property is on the market for the first time and presents a unique chance to acquire a legacy asset that has been meticulously maintained by the same family since 1985.Maplewood features large units in exceptional condition, providing ample potential for value-add renovations.After light renovations, rental rates can increase by 20% or more, making this property an attractive prospect for savvy investors. Located steps away from the prestigious University of Washington-ranked #2 in the U.S.Maplewood is just minutes away from an abundance amenities, and a regional light rail station.

2236772

MLS ID

May 13, 2024

Listed

May 20, 2024

Updated

Map

4253 7th Avenue NE
Seattle WA, 98105

Interior Features

Total Stories

4


Interior Features

Wall to Wall Carpet, Laminate Tile


Floor Description

Laminate, Carpet


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Baseboard

Exterior/Building Features

Lot Size

0.3 Acres


Exterior Features

Brick, Stucco


Lot Features

Curbs, Sidewalk


Roof

Flat


Sewer

Sewer Connected

School Information

School District

Seattle

Other Property Details

Area Name

710 - North Seattle


Taxes

$77,262


Tax Frequency

Annually


Garage

No


Parking Total

27


View

No


County

King


Water Source

Public


Pool

No


Buyer Agency Compensation

1%

The IDX display contains information sourced from the Northwest Multiple Listing Service as of 6/22/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 6/22/2024 at 2:00 PM UTC 

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