LISTING DETAILS

515 Burke Avenue N

515 Burke Ave N Seattle WA 98103

Listing #: 705822 | Status: Available | Last Modified: 3/3/2026

Showing Instructions
Call Listing Agent	No
Use Discretion	No

Investment Information
Investment Prop	Yes
Gross Income	420,749
Vacancy Factor %	5.00%
Operating Expenses	164,655
Net Operating Income	235,056
CAP Rate	5.17 %

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

Financial Summary
CAP Rate	5.174

Building Information
Building Status	Existing
# of Buildings	1
# of Floors	3
# of Units	19
Total Building SF	12,996 SF
Net Rentable Area	12,996 SF
Total Office SF	0 SF
Largest Contiguous SF	0 SF
Lot SF	5,000 SF
Acres	0.11
Year Built	1928

Property Type
Property Type	Multi-Family

Location
County	King
Market Area	Fremont/Ballard
Tax ID #	4083802805
Zoning	NC2-55 (M)

Parking Information
#Covered Spaces	0
# Uncovered Spaces	0
Total Parking Spots	0

Serpentine Apartments

Public Comments

19-unit 1928 Spanish-Mediterranean apartment building in the heart of Wallingford, adjacent to QFC and minutes from Fremont and Green Lake with easy access to I-5 and Hwy 99. Designed by H.D. McKnight, the property features spacious units averaging 684 SF, Spanish stucco with brick veneer, hardwood floors, built-in storage, and distinctive architectural details. Strategic renovations offer meaningful income upside and a rare chance to own a pre-1940s asset in this tightly held submarket.

515 Burke Avenue N
515 Burke Ave N Seattle WA 98103

Listing #: 705822 | Status: Available | Listing Date: 12/3/2025 | Last Modified: 3/3/2026 | Email Listing

For Sale

515 Burke Avenue N

Listing Images