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804 James St
Seattle, WA 98104 First Hill

$9,800,000 USD

Apartments For Sale • 41,849 SF

Property Details

Property Type Apartments
Total Building Size 41,849 SF
Lot Size 0.67 AC
Building Class C
Year Built 1948
Cap Rate 5.51 %
Zoning HR (M)

100 Transit Score

100 Walk Score

                
                    Highlights
                
                                Diversified unit mix – 1 - Studio, 21 - 1 Bedroom/1 Bathroom units, 29 – 2 Bedroom/1 Bath units
                            
                                Majority of the units feature updated cabinets, hardwoods/LVP flooring, and mixture of formica/granite/quartz countertops
                            
                                Situated on 28,800 Square Feet of High-Rise Zoning – Prime for 200 + Unit Redevelopment Project (buyer to verify)
                            
                                New internet cable installed throughout in 2024
                            
                                Masonry Construction with reinforced concrete
                            
                                Central Boiler System for Heat – Gas

Property Flyers

Bay Ridge Court - BDPMJUBPD

Financial Summary (Actual)

Net Operating Income: $539,806 USD (2025)

Cap Rate:	5.51 %
Total Expenses:	$459,105 USD

Amenities

Laundry Facilities
Washer/Dryer
Heating
Kitchen
Refrigerator
Oven
Range

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))	3 min	14 min	0.7 mi
Transit/Subway	Drive	Walk	Distance
Pioneer Square (Central Link - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder))	1 min	7 min	0.4 mi
Pioneer Sq Sta AcRd & Tunnel Sta.-BAY C (LINK to Sea-Tac - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder))	2 min	8 min	0.4 mi
International District/Chinatown (Central Link - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder))	2 min	12 min	0.6 mi
University Street (Central Link - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder))	3 min	14 min	0.7 mi
University St Sta AcRd & Tunnel Sta.-BAY A (LINK to Sea-Tac - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder))	3 min	14 min	0.7 mi
Airport	Drive	Walk	Distance
Seattle-Tacoma International	23 min	-	14.0 mi
Seattle Paine Field International	34 min	-	23.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	50
Type:	Covered
Included in Rent:	Yes

Brian Platt 206-251-8483 Paragon Real Estate Advisors

804 James St Seattle, WA 98104 First Hill