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Nickerson Nine Apartment Building
For Sale
$3,100,000
Pending

645 Nickerson St, Seattle, WA 98119

Nine-unit building in Seattle's Queen Anne neighborhood.

Property SizeContact for details
Days on Market507

Property Features for 645 Nickerson St

General Information

Standard status Pending
Property subtype Commercial

Building Details

Year Built 1988
Listing Agency: LEE & ASSOCIATES COMMERCIAL REAL ESTATE SERVICES
Listed By: CANDICE CHEVAILLIER, CCIM
Source: Corcoran
Added: Apr 1, 2025 Changed: Aug 12 Last Checked: Jul 23 at 8:47AM

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 LEE & ASSOCIATES COMMERCIAL REAL ESTATE SERVICES

Investment Insights

Based on property information with market context.

The Nickerson Nine presents an opportunity to acquire a nine-unit building in Seattle’s Queen Anne neighborhood. The property, maintained by its original developer, includes six 2-bedroom, 2-bath units and three 1-bedroom, 1-bath units. The units feature layouts averaging nearly 900 square feet per unit. Each unit is equipped with washer and dryers and private decks, some with water views. The 2-bedroom units include fireplaces, and all top-floor units have vaulted ceilings. Investors can modernize fixtures and finishes to increase returns on the investment.

Key Highlights

  • Meticulously maintained 9‑unit building in Seattle's Queen Anne neighborhood.
  • Spacious units averaging nearly 900 sf, featuring a mix of 6 two‑bedroom/two‑bath and 3 one‑bedroom/one‑bath units.
  • Each unit includes washer and dryer hookups and a private deck.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Pharmacy Nursing Home (Bike/Boat/Book/etc) Store Barber Shop Carpet & Flooring 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

1,426
Businesses Nearby

Demographics for 98119, WA

26,238
Population
15,323
Households
1.7
Avg Household Size
35
Median Age
71%
College-Educated
99%
High-School Grad
2.4 sq mi
ZIP Area
10,933
Density / Sq Mi
$125,021
Median Household Income
$74,038
Median Earnings
$1,963
Median Rent
$1,032,500
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 - Nine-unit building in Seattle's Queen Anne neighborhood.
Where is this apartment building located?
The property is located at 645 Nickerson St Seattle, WA.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: Meticulously maintained 9‑unit building in Seattle's Queen Anne neighborhood.; Spacious units averaging nearly 900 sf, featuring a mix of 6 two‑bedroom/two‑bath and 3 one‑bedroom/one‑bath units.; Each unit includes washer and dryer hookups and a private deck.
More about this property
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