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Seattle Waterfront Multifamily Property
For Sale
$3,000,000
Pending

3314 Fuhrman Ave E, Seattle, WA 98102

Waterfront multifamily property in Seattle with boat moorage.

Property Size4,689 SF
Days on Market573

Property Features for 3314 Fuhrman Ave E

General Information

Standard status Pending
Size 4,689 SF
Property subtype Commercial

Building Details

Year Built 1924
Listing Agency: NORTHMARQ MULTIFAMILY LLC
Listed By: MATT JOHNSTON
Source: Corcoran
Added: Jan 24, 2025 Changed: Jul 6 Last Checked: Jul 23 at 9:45AM

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 NORTHMARQ MULTIFAMILY LLC

Investment Insights

Based on property information with market context.

Lakehouse Apartments is a multifamily property located in Seattle, featuring 50 feet of waterfrontage and 120 feet of available boat moorage. Constructed in 1924, the property has been maintained and has undergone renovations to the unit interiors and much of the exterior. The building comprises seven multifamily units, including three studio apartments, one one-bedroom apartment, and three two-bedroom apartments, with an average unit size of 420 square feet. Additional income is generated from the boat moorage, which can accommodate two 60-foot boats. Its central location provides residents with access to Seattle. The University of Washington is located across the water via the University Bridge, and Downtown Seattle is situated to the south along Eastlake Ave.

Key Highlights

  • Waterfront property with 50' of waterfrontage.
  • Available boat moorage with capability to accommodate two 60' boats.
  • Recently renovated unit interiors and exterior.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Auto Parts Store Auto Repair Shop Building Supply Electrical Service HVAC Service Nail Salon

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

2,756
Businesses Nearby

Demographics for 98102, WA

25,066
Population
17,944
Households
1.4
Avg Household Size
34
Median Age
79%
College-Educated
99%
High-School Grad
1.3 sq mi
ZIP Area
19,282
Density / Sq Mi
$114,395
Median Household Income
$80,130
Median Earnings
$1,920
Median Rent
$988,700
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 - Waterfront multifamily property in Seattle with boat moorage.
Where is this apartment building located?
The property is located at 3314 Fuhrman Ave E Seattle, WA.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Waterfront property with 50' of waterfrontage.; Available boat moorage with capability to accommodate two 60' boats.; Recently renovated unit interiors and exterior.
More about this property
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