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Multifamily Property with Individual Systems
For Sale
$1,495,000

226 Cedar Ave S, North Bend, WA 98045

North Bend property with separate heating and hot water systems serving its multifamily configuration.

Property SizeContact for details
Days on Market157

Property Features for 226 Cedar Ave S

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1967
Listing Agency: LEE & ASSOCIATES COMMERCIAL REAL ESTATE SERVICES
Listed By: CANDICE CHEVAILLIER, CCIM
Source: Corcoran
Added: Mar 27 Changed: Aug 30 Last Checked: Aug 30 at 9:34AM

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.

Located at 226 Cedar Ave S in North Bend, Washington, this multifamily property was constructed in 1967. The building is equipped with individual heating systems and individual hot water systems, providing separate system configuration within the property.

The asset is positioned in the Snoqualmie Valley submarket and includes an existing residential income property improvement. Its age and physical configuration may support selective interior upgrades, subject to property review and applicable approvals.

Key Highlights

  • Constructed in 1967
  • Individual heating systems
  • Individual hot water systems

Property Analytics

Current Use

Regency apartments Apartment Building

Suggested Use

Top Pick Storage Facility Auto Parts Store Hair Salon Furniture & Home Goods HVAC Service Garden Center

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

Location Intelligence

Trade Area within ½ mile

734
Businesses Nearby

Demographics for 98045, WA

15,749
Population
5,871
Households
2.7
Avg Household Size
41
Median Age
52%
College-Educated
96%
High-School Grad
172.3 sq mi
ZIP Area
91
Density / Sq Mi
$161,897
Median Household Income
$75,450
Median Earnings
$2,153
Median Rent
$845,700
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?
Multifamily property - North Bend property with separate heating and hot water systems serving its multifamily configuration.
Where is this multifamily property located?
The property is located at 226 Cedar Ave S North Bend, WA.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Constructed in 1967; Individual heating systems; Individual hot water systems
More about this property
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