Listing provided courtesy of COMPASSNWMLSas Distributed by MLSGrid- MLS# NWM2375807
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Request Info8214 Greenwood Avenue NSeattle, WA 98103
Multi-Family · 7 Beds · 16,974 Sq. ft. | 0.29 Acres$5,500,000
Active
8214 Greenwood Avenue N Overview
- Visits:
- 28
Acquire this stabilized high-performing asset in Greenwood—one of Seattle’s most desirable neighborhoods. Ideally located within walking distance of major bus routes and downtown Greenwood’s vibrant retail, dining, and entertainment scene, this mixed-use property features 5 ground-floor retail spaces fronting Greenwood Ave with excellent visibility and foot traffic. The residential portion includes 7 well-appointed apartments: 3 one-bedrooms, 2 studios, and 2 two-bedrooms, plus 21 dedicated parking spaces and on-site laundry. With strong cash flow and a prime location, this turnkey investment offers immediate income in a high-demand market. The parcel is zoned NC2P-55, allowing for future development potential—buyer to verify.
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8214 Greenwood Avenue N Facts & Features
- Type Multi-Family
- Sq. ft. 16,974
- Price/Sq.ft. $324
- Lot 0.29 Acres
Details
General
Association/HOA
- Association Fee: $0.00
School Information
- School District: Seattle
Income/Expenses
- Other Expense: 24967
- Electric Expense: 3385
- Fuel Expense: 3385
- Gross Scheduled Income: 359285
- Insurance Expense: 10893
- Net Operating Income: 251580
- Total Expenses: 89739
- Total Monthly Income: 28106
- Water/Sewer/Garbage: 3385
Building Information
- New Construction: No
- Year Built: 1912
Location/Region
- Country: US
- County Or Parish: King
- MLS Area Major: 705 - Ballard/Greenlake
- Subdivision Name: Greenwood
Tax Information
- Tax Annual Amount: $43,724.00
- Tax Year: 2025
General Information
- Listing Terms: Cash, Conventional
- Parcel Number: 6430500227
- Possible Use: Residential,Retail
- Property Sub Type: Multi Family
- Property Type: Residential Income
- Senior Community: No
- Special Listing Conditions: None
Interior
Beds/Baths
- Bedrooms Upper: 0
Building Interior
- Building Area Total: 16974
- Building Area Units: Square Feet
- Calculated Square Footage: 16974
- Square Footage Finished: 0
- Square Footage Unfinished: 0
General Information
- Cooling: No
- Fireplace: No
- Fireplaces Total: 0
- Heating: Yes
- Leasable Area: 15840
- Living Area: 0
- Main Level Bathrooms: 0
- Power Production Type: Electric
- Stories Total: 2
Exterior
Parking Information
- Open Parking Spaces: 0
- Open Parking: No
- Parking Uncovered Spaces: 0
Lot Information
- Irrigation Water Rights: No
- Lot Size Acres: 0.2899
- Lot Size Square Feet: 12628
- Lot Size Units: Square Feet
- Elevation Units: Feet
- Water Source: Public
Waterfront/View
- View: No
- Waterfront: No
Building Exterior/Construction
- Roof: Flat
- Structure Type: Multi Family
General Information
- Carport Spaces: 0
- Carport: No
- Covered Spaces: 0
- Exterior Features: Wood
- Number Of Units Total: 12
- Sewer: Sewer Connected
Unit Information
Unit 11 Details
- Actual Rent: 1241
Unit 1 Details
- Actual Rent: 1400
- Beds Total: 1
- Baths Total: 1
Unit 5 Details
- Actual Rent: 1400
- Beds Total: 0
- Baths Total: 1
Unit 7 Details
- Actual Rent: 1475
- Beds Total: 1
- Baths Total: 1
Unit 3 Details
- Actual Rent: 1475
- Beds Total: 0
- Baths Total: 1
Unit 4 Details
- Actual Rent: 1475
- Beds Total: 1
- Baths Total: 1
Unit 6 Details
- Actual Rent: 2125
- Beds Total: 2
- Baths Total: 1
Unit 2 Details
- Actual Rent: 2250
- Beds Total: 2
- Baths Total: 1
Unit 12 Details
- Actual Rent: 2350
Unit 9 Details
- Actual Rent: 3679
Unit 10 Details
- Actual Rent: 4280
Unit 8 Details
- Actual Rent: 4447
8214 Greenwood Avenue N Neighborhood
Community
98103 (Seattle) Demographics
34
Median Age
10,237
Population Density (per sq. mile)
80%
College Educated
$105,480
Estimated Median Income
11,738
Estimated Total Home Owners
14,576
Estimated Total Renters
45% / 55%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.8214 Greenwood Avenue N Monthly Cost
8214 Greenwood Avenue N Market Data
Based on the last 30 days in this zip code
$871,683
Average List Price
$580
Average Price per Square Foot
63
Properties Sold
56
Average Days on Market
255
Properties for Sale
8214 Greenwood Avenue N History
| Date | Value | Agent |
|---|---|---|
| 5/14/2025Source: NWMLS | May 14, 2025 |
|
| 5/12/2025Source: NWMLS | May 12, 2025 |