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Greenwood Apartments with Puget Sound Views
For Sale
$2,350,000
Pending

11521 Greenwood Ave, Seattle, WA 98133

Eight-unit apartment building in Seattle's Greenwood neighborhood.

Property Size1,300 SF
Days on Market196

Property Features for 11521 Greenwood Ave

General Information

Standard status Pending
Size 1,300 SF
Property subtype Commercial

Building Details

Year Built 1965
Listing Agency: PARAGON REAL ESTATE ADVISORS
Listed By: CATHY JENEY
Source: Corcoran
Added: Feb 5 Changed: Jul 6 Last Checked: Jul 23 at 8:28AM

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 PARAGON REAL ESTATE ADVISORS

Investment Insights

Based on property information with market context.

The Puget Panorama Apartments, constructed in 1965, is an eight-unit apartment building located in Seattle’s Greenwood Neighborhood. The property features seven 2-bedroom/one-bath units and one 3-bedroom/1.75-bath unit spanning 1,300 square feet. All units are corner units facing Puget Sound. There are two units per floor. Two units have in-unit laundry, and there are three common laundry rooms. Each unit includes either a large patio with a yard or a deck. Many units offer views of Puget Sound.

Key Highlights

  • All units are corner units with Puget Sound views.
  • Seven spacious 2‑bedroom/1‑bath units plus one large 3‑bedroom/1.75‑bath unit.
  • Each unit has a private patio with a yard or deck.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Parking Lot & Garage Food Market Real Estate Agency (Bike/Boat/Book/etc) Store Electrical Service

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

Location Intelligence

Trade Area within ½ mile

407
Businesses Nearby

Demographics for 98133, WA

50,720
Population
24,730
Households
2.1
Avg Household Size
39
Median Age
51%
College-Educated
94%
High-School Grad
7.1 sq mi
ZIP Area
7,144
Density / Sq Mi
$92,371
Median Household Income
$60,328
Median Earnings
$1,794
Median Rent
$719,100
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 - Eight-unit apartment building in Seattle's Greenwood neighborhood.
Where is this apartment building located?
The property is located at 11521 Greenwood Ave Seattle, WA.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: All units are corner units with Puget Sound views.; Seven spacious 2‑bedroom/1‑bath units plus one large 3‑bedroom/1.75‑bath unit.; Each unit has a private patio with a yard or deck.
More about this property
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