855 W Nickerson St
Seattle WA 98119

Klahowya Apartments

855 W Nickerson St Seattle WA 98119

Listing #: 711695 | Status: Available | Last Modified: 4/17/2026 |

For Sale
Steven Chattin
  • Phone:(425) 269-3826
  • Email:steven.chattin@berkadia.com
  • Office Name:Berkadia Real Estate Advisors, LLC
  • Office Phone:(206) 521-7220
  • Office Website:
Mitchell Belcher
Jay Timpani
Chad Blenz
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
855 W Nickerson St main - 0417
Price Information
  • Listing Price$ 3,150,000.0
  • $/SF$ 479.9
  • $/Unit$ 3,150,000.0
  • Listing StatusAvailable
  • Days on Market16
  • Asset ClassMulti-Family
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income0
  • Vacancy Factor %0.00%
  • Operating Expenses0
  • Net Operating Income0
  • CAP Rate 5.35 %
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 Units10
  • # of Elevators0
  • Clearance Height Min0
  • Clearance Height Max
  • Bay Depth
  • Total Building SF8034
  • Net Rentable Area6564
  • Total Office SF0
  • Largest Contiguous SF
  • Lot SF10890
  • Acres0.25
Property Type
  • Property TypeMulti-Family
  • Office Type
  • InvestmentYes
  • Building Class
Location
  • CountyKing
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaQueen Anne/Magnolia
  • Tax ID #7443001240
  • Additional Parcels
  • ZoningLR3-RC(M)
Parking Information
  • # Covered Spaces0
  • # Uncovered Spaces9
  • Total Parking Spots9
  • Parking Ratio0
Construction
  • Year Built1963
  • Year Renovated0
  • Completion Date
  • Roof Type
  • Construction Type

855 W Nickerson St

Public Comments

Klahowya offers a rare opportunity to acquire a fully stabilized, 10-unit multifamily asset positioned at the nexus of Queen Anne, Ballard, and Fremont—three of Seattle’s most consistently high-demand residential neighborhoods—with direct access to the city’s employment hubs in South Lake Union and Downtown Seattle. Current ownership has already done the heavy lifting: a fully permitted 10th studio unit has been added to the rent roll, the majority of units have been upgraded, and the property operates at 100% occupancy with zero delinquency. There is no distress no deferred maintenance no vacant units requiring urgency. What’s left is a clean, professionally positioned asset with a clearly defined path to incremental value creation, and a submarket that rewards this type of asset. For t