With an ideal location just steps from the University of Washington, the property is situated on a 2,500-square-foot parcel with Mid-Rise (MR M1) zoning. As a result, investors have a rare opportunity to acquire an exceptionally well-positioned multifamily asset in one of Seattle’s most desirable and supply-constrained rental markets. The property features a diverse unit mix consisting of studio and two-bedroom residences averaging 518 square feet, appealing to a broad tenant base. A prime location within walking distance of UW provides a consistent demand driver and strong long-term rental fundamentals. Significant capital improvements have already been completed, including a roof replacement within the last four years, upgraded Square D electrical panels, and full copper plumbing, helping reduce near-term capital expenditure requirements for a new owner. Further enhancing the investment appeal, the property boasts a Walk Score of 93 (Walker’s Paradise), an 83 Bike Score, and an 82 Transit Score, offering exceptional connectivity throughout Seattle. Investors also have the unique opportunity to acquire an additional fourplex located directly across the street at 710 NE 43rd Street, creating an immediate avenue for portfolio expansion & operational efficiencies within the same submarket.
| MLS # | 2567345 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1908 |
| Days On Site | 27 |
| Listing Provided By | John L. Scott, Inc | Jonathan D. Bye |
| SQ Feet | 1,730 |
|---|---|
| Story(s) | 2 |
| Units | 4 |
| Acreage | 0.06 |
| Property | 10014 |
|---|
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98105 |
| Area | 710 North Seattle |
| Community Name | University District |
| Listing VS Median (in University District) | |
Price: $995,000 low | high Med: $799,000 sqft: 1,730 low | high Med: 1,500 $ / sqft: $575 low | high Med: $533 On site: 27 low | high Med: 53 | |
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98105 |
| Area | 710 North Seattle |
| Community Name | University District |
| Listing VS Median (in University District) | |
Price: $995,000 low | high Med: $799,000 sqft: 1,730 low | high Med: 1,500 $ / sqft: $575 low | high Med: $533 On site: 27 low | high Med: 53 | |
![]() | $1,200,000710 Ne 43rd StreetSeattle, WA 98105 |
![]() | $625,0004341 8th AvenueSeattle, WA 98105 |