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Seattle Multifamily Investment Near UW
For Sale
$3,350,000
Pending

5263 15th Ave NE, Seattle, WA 98105

Investment opportunity near the University of Washington in Seattle.

Days on Market452

Property Features for 5263 15th Ave NE

General Information

Standard status Pending
Property subtype Commercial

Building Details

Year Built 1977
Listing Agency: GIBRALTAR, LLC
Listed By: NATALIA BERAN · License #100874
Source: Corcoran
Added: May 6, 2025 Changed: Jul 6 Last Checked: Jul 23 at 9:00AM

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 GIBRALTAR, LLC

Investment Insights

Based on property information with market context.

This multifamily property presents an investment opportunity near the University of Washington in Seattle. The property has a history of professional management and maintenance by Seattle operators. Its location is near the University of Washington and neighborhood amenities. The property offers a value-add opportunity.

Key Highlights

  • Prime location near the University of Washington.
  • Professionally managed and maintained with a history of well‑known Seattle operators.
  • Classic value‑add opportunity with potential upside.

Property Analytics

Current Use

Twin Oaks Apartment Building Giselle Nails Nail Salon

Suggested Use

Top Pick HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Mobile Phone Store Nursing Home Clothing & Fashion 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.

Location Intelligence

Trade Area within ½ mile

3,285
Businesses Nearby

Demographics for 98105, WA

49,151
Population
20,582
Households
2.4
Avg Household Size
27
Median Age
77%
College-Educated
99%
High-School Grad
3.8 sq mi
ZIP Area
12,934
Density / Sq Mi
$78,691
Median Household Income
$34,947
Median Earnings
$1,803
Median Rent
$1,261,100
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Investment opportunity near the University of Washington in Seattle.
Where is this apartment building located?
The property is located at 5263 15th Ave NE Seattle, WA.
What is the asking price?
The asking price for this property is $3,350,000.
What are key features of this property?
This property features: Prime location near the University of Washington.; Professionally managed and maintained with a history of well‑known Seattle operators.; Classic value‑add opportunity with potential upside.
More about this property
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