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Greenwood North Apartments Investment Opportunity

13322 Greenwood Ave N Seattle, WA 98133

13322 Greenwood Ave N, Seattle, WA, 98133
$5,770,000
For Sale
$5,770,000

Well-maintained Seattle apartments with strong occupancy and future development potential.

Days on Market112

Property Features for 13322 Greenwood Ave N

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: Apr 3 Updated: Jul 10 at 1:15PM Checked: Jul 23 at 2:37AM

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.

The Greenwood North Apartments, located north of Seattle's Bitter Lake neighborhood, present an investment opportunity. Offered for the first time in over 50 years, this property was originally constructed in 1966 and has been maintained and updated. The property comprises one studio, three one-bedroom units, and twenty two-bedroom units, averaging 1,048 square feet. The apartments offer a range of living spaces with a history of strong occupancy. The location provides convenient access to the upcoming 130th St light rail station. The Seattle Department of Transportation is scheduled to remodel the Greenwood Avenue planters, sidewalks, and parking in 2026. Bitter Lake Park, located next door, offers amenities including lake access, a community center, ball fields, courts, child care, and the Interurban Trail and bike route connecting Seattle to Everett.

Key Highlights

  • Prime investment opportunity offered for the first time in over 50 years.
  • Located in a vibrant, community‑oriented neighborhood with convenient access to the future 130th St light rail station.
  • Well‑maintained and updated property, ensuring a desirable community for tenants and low maintenance for ownership.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Greenwood apartments Apartment Building

Suggested Use

Law Firm Electrical Service Dental Office (Bike/Boat/Book/etc) Store Acupuncture Barber Shop Bakery (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Apartment building - Well-maintained Seattle apartments with strong occupancy and future development potential.
Where is this apartment building located?
The property is located at 13322 Greenwood Ave N Seattle, WA.
What is the asking price?
The asking price for this property is $5,770,000.
What are key features of this property?
This property features: Prime investment opportunity offered for the first time in over 50 years.; Located in a vibrant, community‑oriented neighborhood with convenient access to the future 130th St light rail station.; Well‑maintained and updated property, ensuring a desirable community for tenants and low maintenance for ownership.
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