This well-maintained multifamily property in Seattle’s highly desirable Bryant neighborhood presents a rare opportunity to acquire 12 spacious, light-filled units, which have been thoughtfully renovated. The property's generous unit layouts and private residential feel contribute to strong tenant appeal and long-term occupancy in one of Northeast Seattle’s most sought-after submarkets. Ideally located just steps from the bus service and Light Rail and within minutes walk to University Village, Seattle Children’s Hospital, and the University of Washington. The property offers residents exceptional connectivity, convenience, and access to major employment and lifestyle amenities. Adding to its investment appeal, the property is zoned NC2P-55 (Neighborhood Commercial 2 with Pedestrian Overlay), allowing for mixed-use development with a 55-foot height limit. This zoning supports pedestrian-oriented commercial uses at the street level with residential units above, creating significant future redevelopment potential. Investors have the opportunity to benefit from strong in-place cash flow while positioning the asset for higher-density, transit-oriented development in a rapidly growing urban corridor.
| MLS # | 2535620 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1955 |
| Days On Site | 77 |
| Listing Provided By | Windermere Real Estate Co. | Kian Pornour |
| SQ Feet | 3,864 |
|---|---|
| Story(s) | 1 |
| Units | 12 |
| Acreage | 0.14 |
| Property View | Yes |
| Property | 20338 |
|---|
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98105 |
| Area | 710 North Seattle |
| Community Name | Bryant |
| School District | Roosevelt High |
| Elementary School | Bryant |
| High School | Roosevelt High |
| Listing VS Median (in Bryant) | |
Price: $2,218,000 low | high Med: $980,000 sqft: 3,864 low | high Med: 2,306 $ / sqft: $574 low | high Med: $425 On site: 77 low | high Med: 437 | |
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98105 |
| Area | 710 North Seattle |
| Community Name | Bryant |
| School District | Roosevelt High |
| Elementary School | Bryant |
| High School | Roosevelt High |
| Listing VS Median (in Bryant) | |
Price: $2,218,000 low | high Med: $980,000 sqft: 3,864 low | high Med: 2,306 $ / sqft: $574 low | high Med: $425 On site: 77 low | high Med: 437 | |
![]() | $1,195,0005508 31st AvenueSeattle, WA 98105 |