6-Unit Apartment Building with Rooftop
For Sale
$3,299,000
1404 N 95th Street, Seattle, WA 98013
Annual leases, in-unit laundry, and separate tax parcels define the property's residential configuration.
Property Size6,440 SF
Price / SF$512.27
Days on Market93
Property Features for 1404 N 95th Street
General Information
Standard status
Active
Size
6,440 SF
Property subtype
Multi Family
Occupancy
100%
Site & Location
Neighborhood
Crown Hill
Utilities to Site
Yes
Units
Unit Mix
6 x 2BR/2.5BA
Multifamily Units
6
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$36,456
Amenities
washer/dryer in unit
fully fenced patio
roof top deck
gourmet kitchen
stainless steel appliances
steam shower
AC mini-splits
Building Details
Building Size
6,440 SF
Year Built
2021
Listing Agency:
Kelly Right RE of Seattle LLC
Listed By:
Patrick Rogers
(425) 525-9797
Source:
Wingreenproperties
Added: Aug 6
Changed: Nov 5
Last Checked: Nov 5 at 10:31AM
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 Kelly Right RE of Seattle LLC
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Investment Insights
Based on property information with market context.
Built in 2021, this 6,440-square-foot apartment property contains six residences. Each has two bedrooms, 2.5 baths, an individual one-car garage, a washer and dryer, and a fenced patio with a rooftop deck. Interiors include open layouts, stainless steel appliances, steam showers, and mini-split air conditioning. The decks offer views of downtown Seattle and Mount Rainier.
All six residences are leased on annual terms, and tenants pay their own utilities. Each residence is on a separate tax parcel. Restaurants, parks, and schools are within walking distance.
All six residences are leased on annual terms, and tenants pay their own utilities. Each residence is on a separate tax parcel. Restaurants, parks, and schools are within walking distance.
Key Highlights
- Six residences, each with 2 bedrooms and 2.5 baths
- 6,440 square feet; built in 2021
- Individual one‑car garage, washer and dryer, and fenced patio with rooftop deck for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$108,693
Cap Rate
3.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,173,860
$2.2M
Cap Rate 7%
$1,552,757
$1.6M
Cap Rate 9%
$1,207,700
$1.2M
Market Conditions
NOI Build-Up for 6,440 SF
Gross rent
$204.8K $31.80/SF
− Vacancy
−$7.2K −$1.11/SF
EGI
$197.6K $30.69/SF
− OpEx
−$88.9K −$13.81/SF
NOI
$108.7K $16.88/SF
Area
Seattle, WA
Vacancy
3.50%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,173,860
Cap Rate 7%
$1,552,757
Cap Rate 9%
$1,207,700
Alternative Uses
Best Use
Apartment 5plus
$1.55M
$1.36M – $1.81M
NOI $108,693 @ 7.0% cap · market cap 3.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.94M
$1.70M – $2.26M
NOI $135,625 @ 7.0% cap · market cap 4.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
6
Residential units
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
592
Businesses Nearby
Explore this area
Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Apartment buildings in Seattle, WA
Properties on Market for Apartment buildings in Seattle
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Annual leases, in-unit laundry, and separate tax parcels define the property's residential configuration.
Where is this apartment building located?
The property is located at 1404 N 95th Street Seattle, WA.
What is the asking price?
The asking price for this property is $3,299,000.
What are key features of this property?
This property features: Six residences, each with 2 bedrooms and 2.5 baths; 6,440 square feet; built in 2021; Individual one‑car garage, washer and dryer, and fenced patio with rooftop deck for each residence
