4-Plex with Lake Union
For Sale
Contact for pricing
1124 Lakeview Blvd E, Seattle, WA 98102
Four-plex with 2021 exterior and systems updates, plus an unfinished high-ceiling basement for potential additional space.
Property SizeContact for details
Days on Market122
Property Features for 1124 Lakeview Blvd E
General Information
Standard status
Active
Property subtype
Multifamily
Zoning
LR2
Additional Details
Multifamily Units
4
Building Details
Year Renovated
2021
Tenancy
Multi
Listing Agency:
Brody Broker Team
(425) 531-7966
Listed By:
Tammie Freeman · License #RRE-BRO-LIC 108827
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 21 at 5:43PM
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 Brody Broker Team
Investment Insights
Based on property information with market context.
This four-plex offers multiple units with views of Lake Union and Gas Works Park, along with downtown and Space Needle visibility from the property. Recent improvements include 2021 updates such as a new torch-down roof with vents and flashing, new exterior paint, new hot water tanks, a new back deck, and new hallway finishes.
The property also has a new sewer main installed in 2007. An unfinished basement with high ceilings presents options for future interior buildout, including potential additional unit configurations; any changes would need to be verified by the buyer. City guidance referenced LR2 zoning that may allow adding a fifth unit, subject to buyer verification.
The listing describes the property as suitable for either investment use or owner occupancy, with the basement’s condition and the potential for additional finished space forming part of the overall value equation for an incoming owner.
The property also has a new sewer main installed in 2007. An unfinished basement with high ceilings presents options for future interior buildout, including potential additional unit configurations; any changes would need to be verified by the buyer. City guidance referenced LR2 zoning that may allow adding a fifth unit, subject to buyer verification.
The listing describes the property as suitable for either investment use or owner occupancy, with the basement’s condition and the potential for additional finished space forming part of the overall value equation for an incoming owner.
Key Highlights
- 4‑plex at Lakeview Villas with views of Lake Union & Gas Works Park from all units, plus downtown/space needle views
- 2021 updates include roof replacement (poly‑glass torch down with vents and flashing), exterior paint, and new HW tanks
- New back deck and new hallway finishes completed in 2021
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,155
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-plex with 2021 exterior and systems updates, plus an unfinished high-ceiling basement for potential additional space.
Where is this quadplex located?
The property is located at 1124 Lakeview Blvd E Seattle, WA.
What are key features of this property?
This property features: 4‑plex at Lakeview Villas with views of Lake Union & Gas Works Park from all units, plus downtown/space needle views; 2021 updates include roof replacement (poly‑glass torch down with vents and flashing), exterior paint, and new HW tanks; New back deck and new hallway finishes completed in 2021
