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    3314 Fuhrman Ave E Seattle, WA 98102

    For Sale
    $3,000,000

    Waterfront multifamily property in Seattle with boat moorage.

    Property size:
    4,689 SF

    Property Features for 3314 Fuhrman Ave E

    General Information

    Size
    4,689 SF

    Building Details

    Year built
    1924

    Source: NORTHMARQ MULTIFAMILY LLC Agent MATT JOHNSTON

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

    Overview

    Seattle Waterfront Multifamily Property

    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.
    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 Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.3217053
    Latitude
    47.652304

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    FAQs

    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.
    Request Owner's contact information
    3314 Fuhrman Ave E Seattle, WA 98102
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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
    3314 Fuhrman Ave E Seattle, WA 98102
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