4046 8th Ave NE
Seattle WA 98105
U Studios
4046 8th Ave NE Seattle WA 98105
Listing #: 710663 | Status: Pending | Last Modified: 4/21/2026 |
For Sale
- Phone:(425) 736-5516
- Email:matt.laird@kidder.com
- Office Name:Kidder Mathews
- Office Phone:(208) 362-8600
- Office Website:
- Agent Phone:(425) 681-7695
- Agent Email:winslow.lee@kidder.com
- Agent Phone:(425) 691-6826
- Agent Email:jack.shephard@kidder.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 3,200,000.0
- $/SF$ 562.8
- $/Unit$ 3,200,000.0
- Listing StatusPending
- Days on Market39
- Asset ClassMulti-Family
- Terms
- Investment Type
- Investment PropYes
- Gross Income339,872
- Vacancy Factor %5.00%
- Operating Expenses155,495
- Net Operating Income167,383
- CAP Rate 5.76 %
- 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 5.76 %
- Building StatusExisting
- # of Buildings1
- # of Floors4
- # of Units24
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF5686
- Net Rentable Area0
- Total Office SF
- Largest Contiguous SF
- Lot SF4356
- Acres0.1
- Property TypeMulti-Family
- Office Type
- Building ClassB
- CountyKing
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaU-District
- Tax ID #4092301585
- Additional Parcels
- ZoningMR(M1)
- # Covered Spaces0
- # Uncovered Spaces0
- Total Parking Spots0
- Parking Ratio
- Year Built2018
- Year Renovated
- Completion Date
- Roof Type
- Construction TypeFramed
U Studios
U Studios offers a rare investment opportunity in Seattle’s highly desirable U-District, just blocks from the University of Washington, The Ave retail corridor, and the U District light rail station, providing tenants exceptional access to campus, jobs, dining, and entertainment. The property features high-end unit finishes and modern building systems, including an innovative solar thermal energy system that delivers highly efficient heating and hot water. With strong in-place operations generating immediate, reliable cash flow, U Studios presents an ideal 1031 exchange opportunity in a location where few properties match its combination of quality, scale, and performance.
