Well-Maintained Six-Unit Apartment
For Sale
Contact for pricing
Pending
7538 15th Ave NW, Seattle, WA 98117
Six well-maintained units include five 1-bedroom apartments and one 2-bedroom, 1-bath unit.
Property SizeContact for details
Days on Market122
Property Features for 7538 15th Ave NW
General Information
Standard status
Pending
Property subtype
Multifamily
Listing Agency:
Lee & Associates - Seattle
Listed By:
Candice Chevaillier · License #WA 18886
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Aug 9 at 10:26AM
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 Lee & Associates - Seattle
Investment Insights
Based on property information with market context.
This well-maintained six-unit apartment building has been cared for by the current owners since 1986. The property features five 1-bedroom units and one 2-bedroom, 1-bath unit, offering a simple, repeatable residential layout.
The building is located along 15th Ave NW. Public remarks note a pending up-zone from NC-40 to NC-55, which the seller indicates may expand future ownership options.
According to the provided remarks, the new owner may consider maintaining the existing apartment configuration to capture rental income or pursuing redevelopment following the up-zoning process. Buyers should confirm all feasibility and permitting requirements independently.
The building is located along 15th Ave NW. Public remarks note a pending up-zone from NC-40 to NC-55, which the seller indicates may expand future ownership options.
According to the provided remarks, the new owner may consider maintaining the existing apartment configuration to capture rental income or pursuing redevelopment following the up-zoning process. Buyers should confirm all feasibility and permitting requirements independently.
Key Highlights
- 6‑unit apartment building maintained by current owners since 1986
- Unit mix: five 1‑bedroom units plus one 2‑bedroom, 1‑bath unit
- Located on 15th Ave NW in Ballard
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
861
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Six well-maintained units include five 1-bedroom apartments and one 2-bedroom, 1-bath unit.
Where is this apartment building located?
The property is located at 7538 15th Ave NW Seattle, WA.
What are key features of this property?
This property features: 6‑unit apartment building maintained by current owners since 1986; Unit mix: five 1‑bedroom units plus one 2‑bedroom, 1‑bath unit; Located on 15th Ave NW in Ballard
