719 N 85th St
Seattle WA 98103
Greenwood 6
719 N 85th St Seattle WA 98103
Listing #: 703086 | Status: Available | Last Modified: 12/2/2025 |
For Sale
- Phone:(206) 604-3400
- Email:cchevaillier@lee-associates.com
- Office Name:Lee & Associates Commercial Real Estate Services
- Office Phone:(425) 454-4242
- Office Website:
- Agent Phone:(206) 773-2696
- Agent Email:dlim@lee-associates.com
- Agent Phone:(206) 773-2680
- Agent Email:dsumantri@lee-associates.com
- Agent Phone:(206) 773-2674
- Agent Email:sbago@lee-associates.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 1,295,000.0
- $/SF$ 312.0
- $/Unit$ 1,295,000.0
- Listing StatusAvailable
- Days on Market70
- Asset ClassMulti-Family
- Terms
- Investment Type
- Investment PropYes
- Gross Income103,611
- Vacancy Factor %5.00%
- Operating Expenses36,285
- Net Operating Income62,145
- CAP Rate 5.20 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- CAP Rate 5.20 %
- Building StatusExisting
- # of Buildings1
- # of Floors2
- # of Units6
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF5047
- Net Rentable Area4150
- Total Office SF
- Largest Contiguous SF
- Lot SF6534
- Acres0.15
- Property TypeMulti-Family
- Office Type
- Building Class
- CountyKing
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaGreenlake
- Tax ID #6431000935
- Additional Parcels
- ZoningLR2(M)
- # Covered Spaces0
- # Uncovered Spaces6
- Total Parking Spots6
- Parking Ratio
- Year Built1969
- Year Renovated
- Completion Date
- Roof Type
- Construction Type
Well Maintained Asset in Prime Greenwood Location
We are pleased to present Greenwood 6, a well-maintained six unit apartment building. Built in 1969, this asset provides immediate cash flow and the opportunity to increase NOI through rent increases. Further opportunity lies in value-add play through cosmetic upgrades and the addition of in-unit laundry presents a straightforward path to increasing rental income. Located just blocks from Greenwood’s vibrant commercial core, the property benefits from an exceptionally walkable location with strong transit access. The building is thoughtfully positioned back from 85th Street, with six onsite parking spaces, one per unit, screened by mature evergreen trees for privacy. Notably, the property includes a large two-bedroom unit well-suited for owner-occupancy, with potential for expansion a
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