4218 - 4232 Pasadena Pl NE
Seattle WA 98105
Pasadena Place
4218 - 4232 Pasadena Pl NE Seattle WA 98105
Listing #: 715122 | Status: Available | Last Modified: 7/9/2026 |
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$ 3,200,000.0
- $/SF$ 370.2
- $/Unit$ 3,200,000.0
- Listing StatusAvailable
- Days on Market1
- Asset ClassMulti-Family
- Terms
- Investment Type
- Investment PropYes
- Gross Income0
- Vacancy Factor %0.00%
- Operating Expenses0
- Net Operating Income0
- CAP Rate 6.25 %
- 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 Buildings2
- # of Floors3
- # of Units8
- # of Elevators0
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF8644
- Net Rentable Area8644
- Total Office SF
- Largest Contiguous SF
- Lot SF7754
- Acres0.18
- Property TypeMulti-Family
- Office Type
- Building ClassB
- CountyKing
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaU-District
- Tax ID #4207400551
- Additional Parcels
- ZoningMR(M1)
- # Covered Spaces6
- # Uncovered Spaces4
- Total Parking Spots10
- Parking Ratio
- Year Built1927
- Year Renovated2008
- Completion Date
- Roof Type
- SprinklersYes
- Construction TypeFramed
Pasadena Place
Pasadena Place is a rare eight-unit multifamily opportunity located just minutes from the University of Washington, consisting of five townhomes and one triplex across three buildings. The property offers a desirable mix of spacious 2-, 3-, and 4-bedroom units averaging approximately 1,000 square feet, creating broad rental appeal in a high-demand neighborhood. All units in the triplex and one townhome have been recently renovated, while the remaining townhomes present a clear value-add opportunity through interior upgrades. Pasadena Place offers investors both stable in-place cash flow and future rental upside.
