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Apartment Building with Lake Views

12340 Sand Point Way NE Seattle, WA 98125

New
12340 Sand Point Way NE, Seattle, WA, 98125
$1,425,000
For Sale
$1,425,000

Well-maintained multifamily community offering one-, two-, and three-bedroom apartment homes with Lake Washington views.

Days on Market3

Property Features for 12340 Sand Point Way NE

General Information

Standard status
Active
Property subtype
Multifamily
Listing Agency MARCUS & MILLICHAP, INC.
Listed by Jake Morse · License #License(s): WA: 20120840
Source Marcusmillichap
Added: Jul 18 Checked: Jul 20 at 1:40 am

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 MARCUS & MILLICHAP, INC.


Investment Insights

Based on property information with market context.

Sandpoint Way Apartments is a well-maintained multifamily community with a mix of one-, two-, and three-bedroom apartment homes. The property is supported by several meaningful capital improvements, including a roof replacement completed within the last six years, Cutler-Hammer electrical panels, and primarily copper plumbing throughout the community.

The community is located at 12340 Sandpoint Way NE in Seattle’s Sandpoint area. Many residents enjoy a premium Lake Washington view. The property is approximately one-half mile from the Burke-Gilman Trail and less than two miles from Matthews Beach Park.

The unit mix averages approximately 821 square feet, offering a range of apartment sizes that can support a broad mix of household needs while remaining close to major employment and institutional drivers, including the University of Washington, Seattle Children’s Hospital, and the Magnuson Park corridor.

Key Highlights

  • Well‑maintained multifamily community at 12340 Sandpoint Way NE in Seattle, WA
  • Unit mix of one-, two-, and three‑bedroom apartment homes with an average size of ~821 SF
  • Many residents enjoy a premium Lake Washington view

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Hair Salon Nail Salon Barber Shop HVAC Service (Bike/Boat/Book/etc) Store Bakery Kitchen & Bath Showroom Electrical Service Storage Facility Furniture & Home Goods

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

FAQs

What type of property is this?
Apartment building - Well-maintained multifamily community offering one-, two-, and three-bedroom apartment homes with Lake Washington views.
Where is this apartment building located?
The property is located at 12340 Sand Point Way NE Seattle, WA.
What is the asking price?
The asking price for this property is $1,425,000.
What are key features of this property?
This property features: Well‑maintained multifamily community at 12340 Sandpoint Way NE in Seattle, WA; Unit mix of one-, two-, and three‑bedroom apartment homes with an average size of ~821 SF; Many residents enjoy a premium Lake Washington view
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