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Midvale Apartments: Income Upside Potential
For Sale
$1,400,000
Pending

10335 Midvale Ave N, Seattle, WA 98133

Well-maintained apartment building with income potential in a convenient location.

Property SizeContact for details
Days on Market645

Property Features for 10335 Midvale Ave N

General Information

Standard status Pending
Property subtype Commercial

Building Details

Year Built 1996
Listing Agency: PARAGON REAL ESTATE ADVISORS
Listed By: ERIC SMITH
Source: Corcoran
Added: Nov 13, 2024 Changed: Jul 6 Last Checked: Jul 23 at 9:16AM

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 Midvale Apartments, constructed in 1996, present an investment opportunity with immediate income upside. The building features newer systems and modern floorplans. The unit mix comprises four 2-bedroom, 1.5-bathroom two-story townhouse units, one 2-bedroom, 1-bathroom unit, and one 1-bedroom, 1-bathroom unit. Each unit includes complete appliance packages and in-unit washer/dryers. Additional amenities include secure, intercom access, private balconies/patios in all units, and off-street parking. The location is convenient and offers growth potential.

Key Highlights

  • Immediate income upside potential for investors.
  • Newer systems and well‑maintained building (built in 1996).
  • Large, modern floorplans with complete appliance packages.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Computer & Electronic Repair Pet Grooming Service Plumbing Service Butcher Bakery

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

1,527
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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Well-maintained apartment building with income potential in a convenient location.
Where is this apartment building located?
The property is located at 10335 Midvale Ave N Seattle, WA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Immediate income upside potential for investors.; Newer systems and well‑maintained building (built in 1996).; Large, modern floorplans with complete appliance packages.
More about this property
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