3425 14th Ave W
Seattle WA 98119

Belvedere Apartments

3425 14th Ave W Seattle WA 98119

Listing #: 708237 | Status: Pending | Last Modified: 4/20/2026 |

For Sale
Brian Platt
Michael Urquhart
Ben Douglas
Rowan Davis
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 3,988,000.0
  • $/SF$ 325.0
  • $/Unit$ 3,988,000.0
  • Listing StatusPending
  • Days on Market77
  • Asset ClassMulti-Family
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income333,653
  • Vacancy Factor %5.00%
  • Operating Expenses143,204
  • Net Operating Income173,766
  • CAP Rate 4.78 %
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
Financial Summary
  • CAP Rate 4.78 %
Associated Files
Building Information
  • Building StatusExisting
  • # of Buildings1
  • # of Floors4
  • # of Units19
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF12270
  • Net Rentable Area12270
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF9148
  • Acres0.21
Property Type
  • Property TypeMulti-Family
  • Office Type
  • Building ClassC
Location
  • CountyKing
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaQueen Anne/Magnolia
  • Tax ID #2770603510
  • Additional Parcels
  • ZoningLR3-RC(M)
Parking Information
  • # Covered Spaces10
  • # Uncovered Spaces9
  • Total Parking Spots19
  • Parking Ratio
Construction
  • Year Built1989
  • Year Renovated
  • Completion Date
  • Roof Type
  • Construction TypeFramed

The Belvedere Apartments

Public Comments

Well-located 19 unit multifamily investment positioned in Seattle’s Queen Anne / Interbay corridor with expansive views overlooking Interbay, Magnolia, and Fishermen’s Terminal. The unit mix consists of a combination of large studio units and large one-bedroom residences with an average unit size of approximately 646 square feet. Most units have received interior updates including refreshed cabinetry, LVP flooring, and a mix of Formica, granite, and quartz countertops. Building capital improvements include the installation of a new TPO roof in 2025. Other building systems include copper plumbing, GE electrical panels, and double-pane aluminum windows. Additional amenities such as secured covered garage parking, a secured entry intercom system, in-unit water tanks, on-site laundry, and base

Listing Images