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Five-Unit Apartment Building with Views
New
For Sale
$1,995,000

1-4-1124 Lakeview Blvd E, Seattle, WA 98102

A mix of short- and long-term rental units includes an ADU, on-site laundry, and washer/dryers in two apartments.

Property SizeContact for details
Days on Market7

Property Features for 1-4-1124 Lakeview Blvd E

General Information

Standard status Active
Property subtype Residential Income

Additional Details

Highway Access Yes
Multifamily Units 5

Taxes and HOA fees

Annual Taxes $12,929

Amenities

on-site laundry
Listing Agency: Venture Real Estate Group LLC
Listed By: Jamie Langsford
Source: Exprealty
Added: Oct 10 Changed: Oct 15 Last Checked: Oct 15 at 12:56AM

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 Venture Real Estate Group LLC

Rey
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Investment Insights

Based on property information with market context.

This five-unit apartment property combines a fourplex with a newly completed lower-level ADU. One unit produces short-term rental income, while the property also has short- and long-term tenants. On-site laundry is available, and two units have their own washer and dryer.

Four units have views of Lake Union and Gas Works Park; downtown and Space Needle views are also noted from the property. Recent work includes a newer roof, exterior paint, hot water tanks, a back deck, hallway finishes, and sewer main. Access to I-5, downtown, and South Lake Union is noted.

Key Highlights

  • Five units, including a newly completed lower‑level ADU
  • Four units offer views of Lake Union and Gas Works Park
  • Downtown and Space Needle views from the property

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Building Supply Auto Parts Store Auto Repair Shop HVAC Service Carpet & Flooring Store Grocery & Convenience 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

5
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,173
Businesses Nearby

Demographics for 98102, WA

25,066
Population
17,944
Households
1.4
Avg Household Size
34
Median Age
79%
College-Educated
99%
High-School Grad
1.3 sq mi
ZIP Area
19,282
Density / Sq Mi
$114,395
Median Household Income
$80,130
Median Earnings
$1,920
Median Rent
$988,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - A mix of short- and long-term rental units includes an ADU, on-site laundry, and washer/dryers in two apartments.
Where is this apartment building located?
The property is located at 1-4-1124 Lakeview Blvd E Seattle, WA.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Five units, including a newly completed lower‑level ADU; Four units offer views of Lake Union and Gas Works Park; Downtown and Space Needle views from the property
More about this property
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