163 Etruria St
Seattle WA 98109
163 Etruria Street
163 Etruria St Seattle WA 98109
Listing #: 715468 | Status: Available | Last Modified: 10/5/2026 |
For Sale
- Phone:(425) 681-7695
- Email:winslow.lee@kidder.com
- Office Name:Kidder Mathews
- Office Phone:(208) 362-8600
- Office Website:
- Agent Phone:(425) 691-6826
- Agent Email:jack.shephard@kidder.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 2,395,000.0
- $/SF$ 374.3
- $/Unit$ 2,395,000.0
- Listing StatusAvailable
- Days on Market84
- Asset ClassMulti-Family
- Terms
- Investment Type
- Investment PropYes
- Gross Income190,097
- Vacancy Factor %0.00%
- Operating Expenses46,012
- Net Operating Income144,085
- CAP Rate 6.02 %
- 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 6.02 %
- Building StatusExisting
- # of Buildings1
- # of Floors3
- # of Units9
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF7395
- Net Rentable Area6399
- Total Office SF
- Largest Contiguous SF
- Lot SF7405
- Acres0.17
- Property TypeMulti-Family
- Office Type
- InvestmentYes
- Building Class
- CountyKing
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaQueen Anne/Magnolia
- Tax ID #1972206910
- Additional Parcels
- ZoningLR3(M)
- Year Built1975
- Year Renovated
- Completion Date
- Roof Type
- Construction Type
163 Etruria St
Rare North Queen Anne 9-unit apartment opportunity ideally positioned near Seattle Pacific University and the Fremont Bridge. Built in 1975, the three-story property features nine oversized one-bedroom units averaging approximately 831 square feet, with 7,475 rentable square feet on a 7,190-square-foot LR3(M)-zoned lot. Amenities include shared laundry and on-site parking. Current rents average approximately $1,805 per unit, providing immediate upside toward $2,000-plus market rents, with additional value-add potential through interior renovations, utility reimbursements and paid parking. The highly walkable location offers convenient access to Fremont dining and entertainment, the Burke-Gilman Trail, Highway 99, South Lake Union and downtown Seattle. An attractive opportunity to acquire a well-located multifamily asset with durable renter demand and meaningful income-growth potential.
