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Well-Maintained Seattle Apartments For Sale
For Sale
$1,495,000
Pending

8302 8th Ave NW, Seattle, WA 98117

Well-located, well-maintained apartments with future development potential.

Property SizeContact for details
Days on Market801

Property Features for 8302 8th Ave NW

General Information

Standard status Pending
Property subtype Commercial

Building Details

Year Built 1957
Listing Agency: PACIFIC CREST REAL ESTATE LLC
Listed By: ALFRED ANDERSON
Source: Corcoran
Added: Jun 3, 2024 Changed: Jul 6 Last Checked: Jul 23 at 9:13AM

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 PACIFIC CREST REAL ESTATE LLC

Investment Insights

Based on property information with market context.

The property consists of four one-bedroom homes and one two-bedroom home. Situated on a corner lot, the property includes carport parking. The LR2 RC (M) zoning makes it suitable for future townhome development. A new investor may consider increasing the finish level of the unit interiors and adding in-unit laundry to further drive revenue.

Key Highlights

  • LR2 RC (M) zoning allows for future townhome development.
  • Well‑maintained property with 4 one‑bedroom and 1 two‑bedroom units.
  • Corner lot location.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Food Market (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Grocery & Convenience Store Storage Facility

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

1,535
Businesses Nearby

Demographics for 98117, WA

35,608
Population
15,230
Households
2.3
Avg Household Size
39
Median Age
75%
College-Educated
98%
High-School Grad
3.9 sq mi
ZIP Area
9,130
Density / Sq Mi
$182,500
Median Household Income
$95,616
Median Earnings
$2,197
Median Rent
$1,028,100
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-located, well-maintained apartments with future development potential.
Where is this apartment building located?
The property is located at 8302 8th Ave NW Seattle, WA.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: LR2 RC (M) zoning allows for future townhome development.; Well‑maintained property with 4 one‑bedroom and 1 two‑bedroom units.; Corner lot location.
More about this property
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