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18-Unit Apartment Building Opportunity
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2257 NE 53rd St, Seattle, WA 98105

Benton Court Apartments is an 18-unit residential income property with one- and two-bedroom units in Seattle’s University District.

Property SizeContact for details
Days on Market123

Property Features for 2257 NE 53rd St

General Information

Standard status Active
Property subtype Multifamily
Zoning LR1

Additional Details

Multifamily Units 18
Listing Agency: Excel Properties
Listed By: Jerry Sankey · License #80394
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 23 at 3:52AM

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 Excel Properties

Investment Insights

Based on property information with market context.

Benton Court Apartments is an 18-unit apartment complex offering one- and two-bedroom units. The property is described as having 1920s charm and presents as a multifamily investment offering within a residential income asset class.

Located at 2257 NE 53rd St in Seattle’s University District, the property is identified as being within walking distance of the University of Washington, the U Village, and Ravenna Park, along with additional local amenities.

The property is zoned LR1. The remarks note that the zoning provides a potential pathway for redevelopment to townhouses, subject to future approvals, including the possibility of a future rezone based on the surrounding area.

Key Highlights

  • 18‑unit apartment complex in Seattle’s University District
  • Unit mix includes one- and two‑bedroom residential units
  • Zoned LR1

Property Analytics

Current Use

Benton Court Apartments Apartment Building

Suggested Use

Top Pick HVAC Service Home Appliance Store Electrical Service (Bike/Boat/Book/etc) Store Storage Facility 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

18
Residential units

Location Intelligence

Trade Area within ½ mile

2,707
Businesses Nearby

Demographics for 98105, WA

49,151
Population
20,582
Households
2.4
Avg Household Size
27
Median Age
77%
College-Educated
99%
High-School Grad
3.8 sq mi
ZIP Area
12,934
Density / Sq Mi
$78,691
Median Household Income
$34,947
Median Earnings
$1,803
Median Rent
$1,261,100
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 - Benton Court Apartments is an 18-unit residential income property with one- and two-bedroom units in Seattle’s University District.
Where is this apartment building located?
The property is located at 2257 NE 53rd St Seattle, WA.
What are key features of this property?
This property features: 18‑unit apartment complex in Seattle’s University District; Unit mix includes one- and two‑bedroom residential units; Zoned LR1
More about this property
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