Transit-Oriented Townhome
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2001 S Norman St, Seattle, WA 98144
Newly constructed 12-unit townhome community near Judkins Park Light Rail Station, with private primary suites and rooftop decks.
Property Size17,540 SF
Days on Market29
Property Features for 2001 S Norman St
General Information
Standard status
Active
Size
17,540 SF
Property subtype
Multifamily
Zoning
LR2 (M)
Investment Type
Stabilized
Net Operating Income
$462,504
Additional Details
Opportunity Zone
Yes
Multifamily Units
12
Building Details
Year Built
2026
Buildings
2
Units
12
Tenancy
Multi
Listing Agency:
Berkadia
Listed By:
Chad Blenz · License #WA 125100
Source:
Crexi
Added: Jul 15
Changed: Aug 8
Last Checked: Aug 10 at 1:52PM
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 Berkadia
Investment Insights
Based on property information with market context.
Judkins TOD Townhomes is a newly constructed 12-unit townhome community with modern design and in-unit features. Each residence includes a private top-floor primary suite with a walk-in closet, dual vanities, and a walk-in shower. Homes also offer expansive rooftop decks with natural gas BBQ hookups.
The property is located just steps from the Judkins Park Light Rail Station and provides direct access to Seattle’s expanding regional rail network. The site is positioned for convenient commuting to Downtown Seattle, Bellevue, and Redmond, with an emphasis on transit connectivity for both Seattle- and Eastside-based residents.
The asset consists of individually deeded residences. Additional revenue is contemplated from parking, storage, and EV charging infrastructure, and the property is described as Opportunity Zone eligible. Phase II is completing initial lease-up, with in-place rents exceeding $4,100 per month across the property. The remarks project Year 1 market NOI of $551,676 upon full stabilization.
The property is located just steps from the Judkins Park Light Rail Station and provides direct access to Seattle’s expanding regional rail network. The site is positioned for convenient commuting to Downtown Seattle, Bellevue, and Redmond, with an emphasis on transit connectivity for both Seattle- and Eastside-based residents.
The asset consists of individually deeded residences. Additional revenue is contemplated from parking, storage, and EV charging infrastructure, and the property is described as Opportunity Zone eligible. Phase II is completing initial lease-up, with in-place rents exceeding $4,100 per month across the property. The remarks project Year 1 market NOI of $551,676 upon full stabilization.
Key Highlights
- Newly constructed 12‑unit townhome community (Year Built: 2026) near Seattle’s Judkins Park Light Rail Station
- Phase II completing initial lease‑up with in‑place rents exceeding $4,100 per month across the property
- Each unit includes a private top‑floor primary suite with walk‑in closet, dual vanities, and a walk‑in shower
Property Analytics
Property Profile
Current Use
Lease Details
12
Residential units
Location Intelligence
Trade Area within ½ mile
1,686
Businesses Nearby
Explore this area
Business Placement
Demographics for 98144, WA
32,178
Population
16,381
Households
2
Avg Household Size
38
Median Age
62%
College-Educated
91%
High-School Grad
3.4 sq mi
ZIP Area
9,464
Density / Sq Mi
$94,051
Median Household Income
$65,078
Median Earnings
$1,805
Median Rent
$890,400
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 - Newly constructed 12-unit townhome community near Judkins Park Light Rail Station, with private primary suites and rooftop decks.
Where is this apartment building located?
The property is located at 2001 S Norman St Seattle, WA.
What are key features of this property?
This property features: Newly constructed 12‑unit townhome community (Year Built: 2026) near Seattle’s Judkins Park Light Rail Station; Phase II completing initial lease‑up with in‑place rents exceeding $4,100 per month across the property; Each unit includes a private top‑floor primary suite with walk‑in closet, dual vanities, and a walk‑in shower
