1400 N 80th Street, Seattle, WA 98103
- $10,000,000
Listing courtesy of Lee & Associates Commercial RE. Selling Office: ZNonMember-Office-MLS.
- Sold Price
- $10,000,000
- List Price
- $10,995,000
- Status
- SOLD
- MLS#
- 2365856
- Closing Date
- Oct 15, 2025
- Days on Market
- 132
- Style
- 56 - 10+ Units
- Annual Tax Ammount
- 86105
- Lot Size (sq ft)
- 11,703
- Sewer
- Sewer Connected
Property Description
A rare opportunity to acquire a thoughtfully designed, high-end mixed-use asset in one of Seattle’s most coveted neighborhoods. Built in 2009 and meticulously maintained by the original owner, the property features custom cabinetry, hardwood floors, new 2024 stainless appliances, and enhanced soundproofing. Each unit offers a private deck, with residents enjoying access to a rooftop amenity deck boasting panoramic views of Green Lake, Mount Rainier, and Downtown Seattle. This boutique community combines prime location, luxury finishes, and long-term investment potential in a premier Seattle neighborhood.
Additional Information
- List Date
- 2025-06-05 00:00:00
- Community
- Green Lake
- Net Operating Income
- $595,137
- Gross Adjusted Income
- $811,217
- Gross Scheduled Income
- $792,810
- Total Monthly Income
- $68,362
- Insurance Expenses
- $16,759
- Water/Sewer/Garbage Expenses
- $35,103
- Gross Rent Multiplier
- 18.6
- Total Expenses
- $216,080
- Cap Rate
- 5
- Vacancy Rate
- 5
- Total Number of Units
- 24
- Unit Name
- 1400
- Potential Terms
- Cash Out, Conventional
- Year Built
- 2009
- Roof
- Flat, Torch Down
- Site Features
- Cable TV, Deck, High Speed Internet, Rooftop Deck, Sprinkler System
- Electric Expenses
- 1
- Other Expenses
- 78111
- Energy Source
- Electric
- School District
- Seattle
- Elementary School
- Green Lake
- Total Monthly Income
- $68,362
- Gross Scheduled Income
- $792,810
- Vacancy Rate
- 5
- Gross Adjusted Income
- $811,217
- Tax Year
- 2025
- Insurance Expense
- $16,759
- W/S/G Expenses
- $35,103
- Total Expenses
- $216,080
- Net Operating Income
- $595,137
- Gross Rent Multiplier
- 18.6
- Cap Rate
- 5
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.