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10-Unit Apartment Building
For Sale
$2,900,000

1-10-7101 6th Ave Ne, Seattle, WA 98109

Select apartments have updated kitchens and in-unit laundry, with on-site parking for residents.

Property SizeContact for details
Lot Size0.16 Acres
Days on Market11

Property Features for 1-10-7101 6th Ave Ne

General Information

Standard status Active
Total Parking Spaces 11
Lot size 0.16 Acres
Property subtype Residential Income

Financials

Cap Rate 5.7%
Gross Rent Multiplier 11.3

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 10

Taxes and HOA fees

Annual Taxes $27,854

Amenities

in-unit laundry

Building Details

Year Built 1969
Listing Agency: Kidder Mathews
Listed By: Dan S. Swanson · License #13533
Source: Exprealty
Added: Sep 17 Changed: Sep 24 Last Checked: Sep 26 at 7:37AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kidder Mathews

Investment Insights

Based on property information with market context.

Built in 1969, this 10-unit apartment property sits on a 7,000-SF parcel and includes parking for 11 vehicles: 6 covered and 5 uncovered. Roughly half of the apartments have renovated kitchens and in-unit laundry. Updated dual-pane windows serve every unit, and nearly all units have updated electrical panels; supply plumbing combines copper and PEX. Current operations reflect a 5.7% cap rate and 11.3 GRM.

The property is a 1-minute walk from Green Lake PCC and a 3-minute walk from Green Lake Park. Interstate 5, Link light rail, downtown Seattle, and the Eastside are also noted as accessible from the property.

Key Highlights

  • 10 apartments on a 7,000‑SF parcel; built in 1969
  • 11 parking spaces: 6 covered and 5 uncovered
  • Roughly half of the units have renovated kitchens and in‑unit laundry

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Pet Grooming Service Electrical Service Restaurant Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

20,174
Businesses Nearby

Demographics for 98109, WA

34,551
Population
23,162
Households
1.5
Avg Household Size
32
Median Age
78%
College-Educated
98%
High-School Grad
1.9 sq mi
ZIP Area
18,185
Density / Sq Mi
$130,845
Median Household Income
$104,202
Median Earnings
$2,329
Median Rent
$986,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Select apartments have updated kitchens and in-unit laundry, with on-site parking for residents.
Where is this apartment building located?
The property is located at 1-10-7101 6th Ave Ne Seattle, WA.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: 10 apartments on a 7,000‑SF parcel; built in 1969; 11 parking spaces: 6 covered and 5 uncovered; Roughly half of the units have renovated kitchens and in‑unit laundry
More about this property
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