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633 W Emerson St
Seattle, WA 98119 Queen Anne

$1,395,000 USD

Multifamily For Sale • 2,900 SF

Property Details

Property Type Multifamily
Total Building Size 2,900 SF
Lot Size 0.06 AC
Year Built 1962
Cap Rate 4.69 %
Zoning LR1 (M)

61 Transit Score

66 Walk Score

                
                    Highlights
                
                                Excellent North Queen Anne location
                            
                                2 blocks from Seattle Pacific University campus
                            
                                Immediate upside in income in current condition with further upside through renovation
                            
                                Private patio/yard spaces and outside storage
                            
                                4 off-street parking stalls
                            
                                System updates: Copper plumbing, double-paned vinyl windows, Square D electric panels

Property Flyers

633 W Emerson - RPIWDD3

Financial Summary (Actual)

Net Operating Income: $65,847 USD (2025)

Cap Rate:

4.69 %

Public Transportation

Commuter Rail	Drive	Walk	Distance
King Street (Seattle) Station (Sounder South Line - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder))	14 min	-	5.7 mi
Airport	Drive	Walk	Distance
Seattle-Tacoma International	33 min	-	17.2 mi
Seattle Paine Field International	39 min	-	22.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	4
Type:	Surface
Included in Rent:	Yes

Will Douglas 206-457-6775 Paragon Real Estate Advisors

633 W Emerson St Seattle, WA 98119 Queen Anne