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    2222 Gilman Dr W Seattle, WA 98119

    For Sale
    $3,400,000

    14-unit apartment building in desirable West Queen Anne neighborhood.

    Building Details

    Year built
    1960

    Source: LEE & ASSOCIATES COMMERCIAL REAL ESTATE SERVICES Agent CANDICE CHEVAILLIER, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Queen Anne Multifamily Investment

    Gilman West presents an opportunity to acquire a 14-unit apartment asset in Seattle's West Queen Anne neighborhood. Constructed in 1960, the property features six 1-bedroom units and eight 2-bedroom units, with an average unit size of 787 square feet. The property is located within walking distance of Interbay retail, including Whole Foods, Petco, and QFC, and benefits from proximity to the amenities of McGraw St and Queen Anne Avenue N. The layouts and natural light provide a foundation for renovation to enhance tenant appeal and drive rental growth.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.3728928
    Latitude
    47.6393009

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    FAQs

    What type of property is this?
    Apartment building - 14-unit apartment building in desirable West Queen Anne neighborhood.
    Where is this apartment building located?
    The property is located at 2222 Gilman Dr W 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: - Prime location in desirable West Queen Anne, Seattle.; - Walkable proximity to Interbay retail (Whole Foods, Petco, QFC).; - Features a mix of six 1-bedroom and eight 2-bedroom units.
    Request Owner's contact information
    2222 Gilman Dr W Seattle, WA 98119
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    Seattle, WA 98119
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2222 Gilman Dr W Seattle, WA 98119
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