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Vacant 12-Unit Apartment Building
For Sale
$3,400,000

600 W Emerson St, Seattle, WA 98119

12-unit apartment community built in 1965, fully vacant at closing and ready to lease under new ownership.

Days on Market24

Property Features for 600 W Emerson St

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 12

Building Details

Year Built 1965
Listing Agency: LEE & ASSOCIATES COMMERCIAL REAL ESTATE SERVICES
Listed By: Dea Sumantri
Source: Lee-associates
Added: Jul 8 Changed: Jul 21 Last Checked: Jul 30 at 5:28AM

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 COMMERCIAL REAL ESTATE SERVICES

Investment Insights

Based on property information with market context.

Emerson Apartments is a 12-unit apartment community built in 1965, offered for sale fully vacant at closing. The property provides a straightforward path for new ownership to lease all units and manage tenant selection without inherited lease obligations.

Public remarks indicate major systems upgrades have been addressed, including electrical upgrades completed in 2023 and 2024. The asset is presented as well-maintained, with the opportunity to direct capital toward interior improvements.

Located in Seattle’s North Queen Anne neighborhood, the property is described as walkable and offering access to Fremont, Ballard, South Lake Union, and Downtown Seattle.

Key Highlights

  • 12‑unit apartment community built in 1965 in Seattle’s North Queen Anne neighborhood
  • Fully vacant at closing, giving the new owner control to lease all 12 units at current market rents
  • Major systems updates include electrical upgrades in 2023 and 2024

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Pharmacy Nursing Home (Bike/Boat/Book/etc) Store Carpet & Flooring Store Butcher Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Residential units

Location Intelligence

Trade Area within ½ mile

1,359
Businesses Nearby

Demographics for 98119, WA

26,238
Population
15,323
Households
1.7
Avg Household Size
35
Median Age
71%
College-Educated
99%
High-School Grad
2.4 sq mi
ZIP Area
10,933
Density / Sq Mi
$125,021
Median Household Income
$74,038
Median Earnings
$1,963
Median Rent
$1,032,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 12-unit apartment community built in 1965, fully vacant at closing and ready to lease under new ownership.
Where is this apartment building located?
The property is located at 600 W Emerson St Seattle, WA.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: 12‑unit apartment community built in 1965 in Seattle’s North Queen Anne neighborhood; Fully vacant at closing, giving the new owner control to lease all 12 units at current market rents; Major systems updates include electrical upgrades in 2023 and 2024
More about this property
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