625 4th Ave W
Seattle WA 98119
The Naomi & Chamaine
625 4th Ave W Seattle WA 98119
Listing #: 715901 | Status: Pending | Last Modified: 9/1/2026 |
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$ 7,000,000.0
- $/SF$ 357.0
- $/Unit$ 7,000,000.0
- Listing StatusPending
- Days on Market70
- Asset ClassMulti-Family
- Terms
- Investment Type
- Investment PropYes
- Gross Income714,881
- Vacancy Factor %5.00%
- Operating Expenses330,597
- Net Operating Income348,539
- CAP Rate 5.49 %
- 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 5.49 %
- Building StatusExisting
- # of Buildings1
- # of Floors4
- # of Units39
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF19610
- Net Rentable Area19610
- Total Office SF
- Largest Contiguous SF
- Lot SF13370
- Acres0.31
- Property TypeMulti-Family
- Office Type
- Building ClassC
- CountyKing
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaQueen Anne/Magnolia
- Tax ID #3876900115
- Additional Parcels3876900125
- ZoningMR(M)
- Year Built1930
- Year Renovated
- Completion Date
- Roof Type
- Construction TypeMasonry
Naomi & Charmaine
We are pleased to present Naomi & Charmaine, a 39-unit vintage apartment community located at 625–627 4th Avenue W in Seattle’s highly desirable Lower Queen Anne neighborhood. The offering consists of two classic brick buildings constructed in 1929 and 1930, featuring hardwood floors, built-in cabinetry, and timeless architectural details. The unit mix includes 32 studios and seven one-bedroom units, with 31 classic units providing a clear renovation and rent-growth opportunity. The property totals approximately 19,610 rentable square feet and includes shared laundry and 10 off-street parking stalls. Recent improvements include tuck-pointed masonry, re-caulked double-pane windows, TPO membrane roofs, breaker-panel electrical systems, updated plumbing, and central hot water. Residents benefit from a walkable location near Seattle Center, Climate Pledge Arena, grocery stores, restaurants, entertainment, Downtown Seattle, and South Lake Union employment centers. Naomi & Charmaine offers investors attractive scale, irreplaceable vintage character, and meaningful value-add upside in one of Seattle’s most established rental markets.
