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    1214 137Th St Seattle, WA 98133

    For Sale
    $2,750,000

    12-unit multifamily property near Northgate Light Rail Station.

    Property size:
    12,104 SF

    Property Features for 1214 137Th St

    General Information

    Standard status
    Active
    Size
    12,104 SF

    Building Details

    Year built
    1988

    Source: BERKADIA REAL ESTATE ADVISORS, LLC Agent STEVEN CHATTIN

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Multifamily Property Near Northgate

    Dynasty Manor is a 12-unit multifamily property located in North Seattle. Constructed in 1988 and recently renovated, the property consists of one four-story building. The unit mix includes one- and two-bedroom units, averaging 754 square feet. The property is situated minutes from the Northgate Light Rail Station, the Seattle Kraken's $80 million headquarters and practice facility, and the ongoing redevelopment at Northgate Mall. Located less than 10 miles from downtown, the property offers convenient access to retail, lifestyle amenities, and employment opportunities throughout the Puget Sound. While most units have been partially upgraded in recent years, there is an opportunity for new ownership to implement a value-add program to upgrade the remaining classic units.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.3430063
    Latitude
    47.7289251

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    FAQs

    What type of property is this?
    Apartment building - 12-unit multifamily property near Northgate Light Rail Station.
    Where is this apartment building located?
    The property is located at 1214 137Th St Seattle, WA.
    What is the asking price?
    The asking price for this property is $2,750,000.
    What are key features of this property?
    This property features: - Proximity to Northgate Light Rail Station.; - Minutes from Seattle Kraken headquarters and practice facility.; - Close to the redeveloped Northgate Mall.
    Request Owner's contact information
    1214 137Th St Seattle, WA 98133
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    Seattle, WA 98133
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1214 137Th St Seattle, WA 98133
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