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5030 15th Ave NE
Seattle, WA 98105 University District

$1,325,000 USD

Apartments For Sale  •  3,790 SF

Property Details

  • Property Type Apartments
  • Total Building Size 3,815 SF
  • Lot Size 0.1 AC
  • Building Class C
  • Year Built 1911
  • Cap Rate 5.21 %
  • Zoning LR3 (M), Seattle
80 Transit Score
100 Walk Score

Highlights

Blocks to UW campus and many retail offerings
2 recently renovated units
Pitched composition roof and replaced sewer lines, updated dual-pane windows
Priced at $265K per unit and under $350 per foot
5 off-alley parking spaces, on-site laundry and storage
Updated electrical system with Square D electrical panels

Property Flyers

Financial Summary (Actual)

Net Operating Income: $69,063 USD (2026)
Cap Rate: 5.21 %
Total Expenses: $40,947 USD

Amenities

  • Laundry Facilities
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Storage Space
  • Double Pane Windows

Public Transportation

Commuter RailDriveWalkDistance
11 min - 5.5 mi
King Street (Seattle) Station (Sounder South Line - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder)) 11 min - 5.6 mi
AirportDriveWalkDistance
Seattle-Tacoma International 29 min - 18.7 mi
Seattle Paine Field International 30 min - 19.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 5
Type: Surface
Included in Rent: Yes
Dan Swanson 425-444-6501 Kidder Mathews
Dan Swanson 425-444-6501 Kidder Mathews