Prepared by https://www.commercialmls.com
1417 NE 55th St Seattle WA 98105
Listing #: 702108 | Status: Available | Last Modified: 4/13/2026
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 0 |
| Vacancy Factor % | 0.00% |
| Operating Expenses | 0 |
| Net Operating Income | 0 |
| CAP Rate | 5.54 % |
| Detail Listing Information | |
|---|---|
| Min Total SF | 0 SF |
| Max Total SF | 0 SF |
| Lease Rate Low | $ 0.00 |
| Lease Rate High | $ 0.00 |
| Retail Information | |
|---|---|
| Signage | Signage on Building and Freestanding |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 1 |
| # of Floors | 2 |
| # of Units | 6 |
| Total Building SF | 5,406 SF |
| Net Rentable Area | 4,391 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 4,120 SF |
| Acres | 0.09 |
| Year Built | 1918 |
| Construction Type | Framed, Wood |
| Property Type | |
|---|---|
| Property Type | Multi-Family |
| Investment | Yes |
| Location | |
|---|---|
| County | King |
| Vicinity | U District |
| Market Area | U-District |
| Tax ID # | 8816400495 |
| Zoning | LR3 |
| Parking Information | |
|---|---|
| #Covered Spaces | 2 |
| # Uncovered Spaces | -2 |
| Total Parking Spots | 0 |
We are pleased to present the University Heights Apartments, a fully renovated six-unit multifamily asset located in Seattle’s thriving University District. This turn-key investment offers strong in-place cash flow with a 5.54% cap rate and a rare opportunity to acquire a boutique property featuring large, spacious units—five two-bedrooms and one one-bedroom—each fully remodeled to a premium standard in 2021–2022. Each unit showcases modern finishes including white shaker cabinetry, solid surface countertops, and stainless-steel appliances. Recent capital improvements include a new roof, windows, exterior paint, and updated plumbing and electrical systems, ensuring minimal near-term maintenance.
University Heights Apartments
1417 NE 55th St Seattle WA 98105
Listing #: 702108 | Status: Available | Listing Date: 9/4/2025 | Last Modified: 4/13/2026 | Email Listing
