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Belvedere Apartments
3425 14th Ave W Seattle WA 98119
Listing #: 708237 | Status: Pending | Last Modified: 4/20/2026
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 333,653 |
| Vacancy Factor % | 5.00% |
| Operating Expenses | 143,204 |
| Net Operating Income | 173,766 |
| CAP Rate | 4.78 % |
| 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 | 4.776 |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 1 |
| # of Floors | 4 |
| # of Units | 19 |
| Total Building SF | 12,270 SF |
| Net Rentable Area | 12,270 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 9,148 SF |
| Acres | 0.21 |
| Year Built | 1989 |
| Construction Type | Framed |
| Property Type | |
|---|---|
| Property Type | Multi-Family |
| Building Class | C |
| Location | |
|---|---|
| County | King |
| Market Area | Queen Anne/Magnolia |
| Tax ID # | 2770603510 |
| Zoning | LR3-RC(M) |
| Parking Information | |
|---|---|
| #Covered Spaces | 10 |
| # Uncovered Spaces | 9 |
| Total Parking Spots | 19 |
The Belvedere Apartments
Well-located 19 unit multifamily investment positioned in Seattle’s Queen Anne / Interbay corridor with expansive views overlooking Interbay, Magnolia, and Fishermen’s Terminal. The unit mix consists of a combination of large studio units and large one-bedroom residences with an average unit size of approximately 646 square feet. Most units have received interior updates including refreshed cabinetry, LVP flooring, and a mix of Formica, granite, and quartz countertops. Building capital improvements include the installation of a new TPO roof in 2025. Other building systems include copper plumbing, GE electrical panels, and double-pane aluminum windows. Additional amenities such as secured covered garage parking, a secured entry intercom system, in-unit water tanks, on-site laundry, and base
Belvedere Apartments
3425 14th Ave W Seattle WA 98119
Listing #: 708237 | Status: Pending | Listing Date: 2/4/2026 | Last Modified: 4/20/2026 | Email Listing
For Sale
Belvedere Apartments
