Provided by NWMLS, Bought with Kidder Mathews and Listed by Kidder Mathews
Sold
4253 7th Avenue NE
Seattle WA, 98105
$8,140,000
$395.40 per sqft
Sold
20,587 sqft
Multi-family
Built in 1985
Maplewood offers a 24-unit value-add apartment building located in the highly sought-after University District of Seattle.Offered for sale at $8.9 million, this property is on the market for the first time and presents a unique chance to acquire a legacy asset that has been meticulously maintained by the same family since 1985.Maplewood features large units in exceptional condition, providing ample potential for value-add renovations.After light renovations, rental rates can increase by 20% or more, making this property an attractive prospect for savvy investors. Located steps away from the prestigious University of Washington-ranked #2 in the U.S.Maplewood is just minutes away from an abundance amenities, and a regional light rail station.
2236772
MLSⓇ ID
May 13, 2024
Listed
November 7, 2024
Updated
Map
4253 7th Avenue NE
Seattle WA, 98105
Interior Features
Total Stories
4
Interior Features
Laminate Tile, Wall to Wall Carpet
Floor Description
Laminate, Carpet
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Baseboard
Exterior/Building Features
Lot Size
0.3 Acres
Exterior Features
Brick, Stucco
Lot Features
Curbs, Sidewalk
Roof
Flat
Sewer
Sewer Connected
School Information
School District
Seattle
Other Property Details
Area Name
710 - North Seattle
Taxes
$77,262
Tax Frequency
Annually
Garage
No
Parking Total
27
View
No
County
King
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
---|---|---|
8/22/2024 | Sold | $8,140,000 |
6/25/2024 | Pending | — |
The IDX display presents information sourced from the Northwest Multiple Listing Service as of 11/21/2024. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 11/21/2024 at 7:00 AM UTC . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Data last updated on 11/21/2024 at 7:00 AM UTC