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
- Phone:(425) 269-3826
- Email:steven.chattin@berkadia.com
- Office Name:Berkadia Real Estate Advisors, LLC
- Office Phone:(206) 521-7220
- Office Website:
- Agent Phone:(425) 891-9594
- Agent Email:mitchell.belcher@berkadia.com
- Agent Phone:(206) 999-3206
- Agent Email:jay.timpani@berkadia.com
- Agent Phone:(206) 491-2008
- Agent Email:chad.blenz@berkadia.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 3,150,000.0
- $/SF$ 479.9
- $/Unit$ 3,150,000.0
- Listing StatusAvailable
- Days on Market16
- Asset ClassMulti-Family
- Terms
- Investment Type
- Investment PropYes
- Gross Income0
- Vacancy Factor %0.00%
- Operating Expenses0
- Net Operating Income0
- CAP Rate 5.35 %
- 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
- 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 TypeMulti-Family
- Office Type
- InvestmentYes
- Building Class
- CountyKing
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaQueen Anne/Magnolia
- Tax ID #7443001240
- Additional Parcels
- ZoningLR3-RC(M)
- # Covered Spaces0
- # Uncovered Spaces9
- Total Parking Spots9
- Parking Ratio0
- Year Built1963
- Year Renovated0
- Completion Date
- Roof Type
- Construction Type
855 W Nickerson St
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