Mortgage Calculator

-
/monthly
Breakdown
$
%
%
$ per month
Advanced
Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.
4731 12th AVE NE, Seattle, WA 98105
4731 12th AVE NE, Seattle, WA 98105
4731 12th AVE NE, Seattle, WA 98105
19
See all 19 photos
Listed by:Lee & Associates Commercial RE • Daniel Lim • Candice Chevaillier
$6,280,000
Est. payment /mo
Save Virtual Tour
24 Beds
23 Baths
25,500 SqFt
Active

4731 12th AVE NE Seattle, WA 98105

Save Virtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Henry Jamerson

Henry Jamerson

+1(206) 839-6096

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 25,500 sqft

Price per Sqft $246

Subdivision University District

MLS Listing ID 2543808

Style 56 - 10+ Units

Bedrooms 24

Year Built 1961

Annual Tax Amount $54,277

Lot Size 7,500 Sqft

Property Sub-Type Multi Family

Property Description

The Laureate presents a rare opportunity to acquire a well-maintained 23-unit multifamily asset building in the heart of the Seattle's University District neighborhood and walking distance to both the University of Washington and the Link Light Rail Station. Originally built in 1961, the property benefits from recent extensive capital improvements and interior renovations, positioning the asset as a compelling combination of stable in-place income and future revenue growth potential. Ownership has invested significantly in the systems over the past 5 years: including a membrane roof replacement, replacement of all individual hot water tanks, securing and gating the parking for 17 vehicles, as well as overhauling the sprinkler system. Featuring a unit mix of 20 sizable 650 SF, 1-bedroom units and one 800 SF, 2-bedroom unit, select units have been renovated with modern finishes including luxury vinyl plank flooring, updated kitchens, stainless steel appliances, including dishwashers and in-unit W/D installations. All units feature A/C, and 1st floor units include patio access. The existing renovations provide future ownership with a blueprint to continue remodeling unit interiors and capture additional rental upside. Additionally, there is potential to assume the current debt with term through 2031.

Location

State WA

County King

Area 710 - North Seattle

Interior

Flooring Vinyl Plank, Carpet

Fireplace false

Exterior

Exterior Feature Cement/Concrete, Wood

Garage Spaces 17.0

Amenities Available High Speed Internet, Patio, Sprinkler System

View Y/N No

Roof Type Torch Down

Building

Lot Description Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Cash, Conventional, Owner Will Carry

Listing Terms Cash, Conventional, Owner Will Carry

Virtual Tour https://www.lee-associates.com/northwest/properties/?propertyId=1651035-sale&address=4731-12th-Ave-NE&officeId=2085

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
Amenities & Attractions
Restaurants
Home Services
Health & Medical
Local Services
Shopping
Recreation
Arts & Entertainment
Food
Beauty
Nightlife
Event Planning & Services
Automotive
Religious Organizations
Financial Services
Professional Services
Travel
Education
Public Services & Government
Pets

  • Chipotle Mexican Grill

    4229 University Way NE, Seattle, WA 98105

    Fast Food Phone: 206-547-4644

  • Spring Kitchen

    4002 University Way NE, Seattle, WA 98105

    Thai Phone: 206-566-5136

  • Nasai Teriyaki

    5025 25th Ave NE, Seattle, WA 98105

    Japanese Phone: 206-524-3011

  • Noodle Nation

    4232 University Way NE, Seattle, WA 98105

    Thai Phone: 206-632-5833

  • Beetle Cafe - Temp. CLOSED

    4334 Univeristy Way NE, Seattle, WA 98105

    Shaved Ice Phone: 646-428-4729

  • A Burger Place

    4234 University Way NE, Seattle, WA 98105

    Burgers Phone: 206-547-5096

  • Essence of Kaush

    University of Washington Guthrie Annex 2, Seattle, WA 98105

    Indian Phone: 425-442-6109

  • Henry’s Taiwan Kitchen

    4106 Brooklyn Avenue NE, Seattle, WA 98105

    Chinese Phone: 206-547-8899

  • Pineapple Cafe

    4242 Roosevelt Way NE, Seattle, WA 98105

    Cafes Phone: 866-944-4242

  • Pizza Pi Vegan Pizzaria

    5500 University Way NE, Seattle, WA 98105

    Pizza Phone: 206-343-1415

  • Sushi Town

    4141 University way NE, Seattle, WA 98105

    Sushi Bars Phone: 206-633-1452

  • The 8

    4000 15th Ave NE, Seattle, WA 98105

    Breakfast & Brunch Phone: 206-616-8026

  • Banh Mi Unwrapped

    4725 University Way NE, Seattle, WA 98105

    Vietnamese Phone: 206-456-7192

  • Tai Kong Style

    4241 University Way NE, Seattle, WA 98105

    Dim Sum Phone: 206-547-1803

  • Teriyaki 1st

    5201 University Way NE, Seattle, WA 98105

    Japanese Phone: 206-526-1661

  • Pho Thy Thy

    4129 University Way NE, Seattle, WA 98105

    Vietnamese Phone: 206-632-4909

  • I See Food

    4311 University Way NE, Seattle, WA 98105

    Seafood Phone: 206-547-1111

  • Pastaria

    4001 Stevens Way NE, Seattle, WA 98195

    Italian Phone: 206-221-3361

  • Thanh Vi

    4226 University Way NE, Seattle, WA 98105

    Vietnamese Phone: 206-633-7867

  • Little Thai Restaurant

    4142 Brooklyn Ave NE, Seattle, WA 98105

    Thai Phone: 206-548-8009

  • Pho Tran

    4213 University Way NE, Seattle, WA 98105

    Vietnamese Phone: 206-547-5882

  • Red Square

    4063 Spokane Ln, Seattle, WA 98105

    Food Trucks Phone: 206-685-4950

  • Yummy Bites

    4131 University Way NE, Seattle, WA 98105

    Korean Phone: 206-633-6582

  • Village Sushi

    4741 12th Ave NE, Seattle, WA 98105

    Sushi Bars Phone: 206-985-6870

  • BBQ Chicken

    4525 University Way NE, Seattle, WA 98105

    Barbeque Phone: 206-547-5151

  • Qdoba

    5025 25th Ave NE, Seattle, WA 98105

    Mexican Phone: 206-522-5509

  • Shalimar

    4214 University Way NE, Seattle, WA 98105

    Pakistani Phone: 206-633-3854

  • Subway

    4001 Stevens Way NE, Seattle, WA 98195

    Fast Food Phone: 206-543-8494

  • Orin’s Place

    1410 NE Campus Pkwy, Seattle, WA 98105

    Delis Phone: 206-221-5376

  • Pho Than Brothers

    4207 University Way NE, Seattle, WA 98105

    Vietnamese Phone: 206-632-7272

  • Ugly Mug Café & Coffee Roasters

    1309 NE 43rd St, Seattle, WA 98105

    Coffee & Tea Phone: 206-547-3219

  • Hot Dawgs

    Red Sq, Seattle, WA 98105

    Hot Dogs Phone: 206-616-5270

  • Shawarma King

    4337 University Way NE, Seattle, WA 98105

    Egyptian Phone: 206-420-1484

  • Cafe O’Dessert

    4727 University Way NE, Seattle, WA 98105

    Chinese Phone: 206-522-5266

  • Persepolis Grill

    5517 University Way NE, Seattle, WA 98105

    Persian/Iranian Phone: 206-524-3434

  • Pearl Bistro

    5259 University Way NE, Seattle, WA 98105

    Vietnamese Phone: 206-588-3562

  • Cafe Racer

    5828 Roosevelt Way NE, Seattle, WA 98105

    Coffee & Tea Phone: 206-523-5282

  • Aladdin Falafel Corner

    4541 University Way NE, Seattle, WA 98105

    Middle Eastern Phone: 206-548-9539

  • Plaza Cafe

    2800-2814 Fuhrman Ave E, Seattle, WA 98102

    Cafes

Educational Environment

Elementary Schools (4)Middle Schools (1)High Schools (1)
Name
Category
Grades
Library
Ratio
0/10
Experimental Education Unit
1959 NE Pacific St, Seattle, WA 98195
Public
PK - 5
No
STUDENTS/TEACHERS
0/10
University Cooperative School
5601 University Way NE, Seattle, WA 98105
Private
KG - 5
Yes
12:1 STUDENTS/TEACHERS
0/10
Academy for Precision Learning
5031 University Way NE, Seattle, WA 98105
Private
KG - 12
No
9:1 STUDENTS/TEACHERS
0/10
University Child Development School
5062 9th Ave NE, Seattle, WA 98105
Private
PK - 5
Yes
7:1 STUDENTS/TEACHERS
Name
Category
Grades
Library
Ratio
0/10
Academy for Precision Learning
5031 University Way NE, Seattle, WA 98105
Private
KG - 12
No
9:1 STUDENTS/TEACHERS
Name
Category
Grades
Library
Ratio
0/10
Academy for Precision Learning
5031 University Way NE, Seattle, WA 98105
Private
KG - 12
No
9:1 STUDENTS/TEACHERS

WORK WITH US

Reach out to an expert real estate agent today. Dive into the world of luxury real estate with guidance from our devoted team. Your dream home is within reach.

SELLER SERVICES

We take the stress out of selling your home by providing a seamless experience from start to finish. Our team will put you in the best position to market your home and sell it for the highest possible price.

GET IN TOUCH

Name
Phone*
Message

By checking this box, I agree to receive recurring marketing communication from or on behalf of Premiere Realty, Inc, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); Consent not required to make a purchase.

By checking this box, I agree to the Terms of Service and Privacy Policy of this website.

CONTACT US

+1(206) 839-6096