Pasadena Place is a rare eight-unit multifamily opportunity located just minutes from the University of Washington, consisting of five townhomes and one triplex across three buildings. All townhomes were built in 2008, the triplex was built in 1927 and renovated in 2025. The property offers a desirable mix of spacious 2-, 3-, and 4-bedroom units averaging approximately 1,000 square feet, creating broad rental appeal in a high-demand neighborhood. All units in the triplex and one townhome have been recently renovated, while the remaining townhomes present a clear value-add opportunity through interior upgrades. Pasadena Place offers investors both stable in-place cash flow and future rental upside.
| MLS # | 2552535 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1927 |
| Days On Site | 63 |
| Listing Provided By | Real Broker LLC | Coleton Alexander Pantley |
| SQ Feet | 8,208 |
|---|---|
| Story(s) | 3 |
| Units | 8 |
| Acreage | 0.18 |
| Property | 27306 |
|---|
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98105 |
| Area | 710 North Seattle |
| Community Name | University District |
| Listing VS Median (in University District) | |
Price: $3,200,000 low | high Med: $764,250 sqft: 8,208 low | high Med: 1,100 $ / sqft: $390 low | high Med: $787 On site: 63 low | high Med: 59 | |
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98105 |
| Area | 710 North Seattle |
| Community Name | University District |
| Listing VS Median (in University District) | |
Price: $3,200,000 low | high Med: $764,250 sqft: 8,208 low | high Med: 1,100 $ / sqft: $390 low | high Med: $787 On site: 63 low | high Med: 59 | |