4708 22nd Ave NE
Seattle WA 98105

Penrith Apartments

4708 22nd Ave NE Seattle WA 98105

Listing #: 699574 | Status: Available | Last Modified: 4/7/2026 |

For Sale
Jake Morse
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 3,350,000.0
  • $/SF$ 494.5
  • $/Unit$ 3,350,000.0
  • Listing StatusAvailable
  • Days on Market301
  • Asset ClassMulti-Family
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income0
  • Vacancy Factor %0.00%
  • Operating Expenses0
  • Net Operating Income0
  • CAP Rate 5.00 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Associated Files
Building Information
  • Building StatusExisting
  • # of Buildings1
  • # of Floors2
  • # of Units15
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF7280
  • Net Rentable Area6775
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF7405
  • Acres0.17
Property Type
  • Property TypeMulti-Family
  • Office Type
  • InvestmentYes
  • Building ClassB
Location
  • CountyKing
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaU-District
  • Tax ID #0925049388
  • Additional Parcels
  • ZoningLR3(M)
Parking Information
  • # Covered Spaces0
  • # Uncovered Spaces15
  • Total Parking Spots15
  • Parking Ratio
Construction
  • Year Built1956
  • Year Renovated
  • Completion Date
  • Roof Type
  • Construction TypeWood

The Penrith

Public Comments

The Penrith, located in the University District, offers a vibrant and diverse atmosphere with a range of amenities and job opportunities. With the University of Washington just 0.4 miles away, residents benefit from all there is to offer at University Village (120+ shops & restaurants) and “The Ave” which is famous for its food scene, coffee and nightlife. The University District also offers great transit options, with the U District Light Rail Station just 0.7 miles away with convenient access to Seattle. The University District has 50,097 total students enrolled with 71% of them living in off campus housing. As it continues to grow, the university is projected to have a population of 80,479 by 2028. Recently UW’s Master plan was approved by the Seattle City Council and calls for up to 6,

Listing Images