709 N 95th St, Seattle, WA 98103

$1,550,000
6,856
SqFt

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Listing Broker: Pacific Crest; Alan Wileman; 559-679-7128; alan.wileman@pacificcrestre.com

List Price
$1,550,000
Status
ACTIVE
MLS#
2589046
Days on Market
4
Style
55 - 5-9 Units
Finished SqFt
6,856
Area Total SqFt
6856
Annual Tax Ammount
20942
Lot Size (sq ft)
6,325
Sewer
Sewer Connected

Property Description

Pacific Crest Real Estate is pleased to be the exclusive listing agent for Oak Springs Suites. Oak Springs Suites is an 7-unit + Office apartment community located at 709 N 95th St in Seattle's Greenwood neighborhood and is located just blocks from the Greenwood Ave N retail corridor and minutes from Green Lake, Phinney Ridge, and North Seattle College. Built in 1990, the property offers a diversified unit mix of studio, one-, two-, and three-bedroom homes with meaningful in-place rental upside. With rents trailing market 10%, and room for further rent growth through capital improvements, Oak Springs Suites presents a clear value-add opportunity for a new investor to drive NOI through lease-up of below-market units, a light capital improvement program, and ongoing operational stabilization.

Additional Information

List Date
2026-10-01 23:44:12
Community
Seattle
Net Operating Income
$108,464
Gross Adjusted Income
$172,641
Gross Scheduled Income
$180,780
Total Monthly Income
$12,554
Insurance Expenses
$6,213
Water/Sewer/Garbage Expenses
$15,775
Gross Rent Multiplier
8.57
Total Expenses
$64,177
Cap Rate
7
Vacancy Rate
5
Total Number of Units
8
Unit Name
709
Potential Terms
Conventional
Year Built
1990
Roof
Composition
Electric Expenses
1132
Other Expenses
20115
Energy Source
Electric
School District
Seattle
Elementary School
Viewlands
Middle School
Robert Eagle Staff Middle School
High School
Ingraham High
Total Monthly Income
$12,554
Gross Scheduled Income
$180,780
Vacancy Rate
5
Gross Adjusted Income
$172,641
Tax Year
2025
Insurance Expense
$6,213
W/S/G Expenses
$15,775
Total Expenses
$64,177
Net Operating Income
$108,464
Gross Rent Multiplier
8.57
Cap Rate
7
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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