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North Queen Anne Multifamily Portfolio
For Sale
$2,294,000
Pending

3463 6th Ave W, Seattle, WA 98119

Two multifamily buildings in Seattle with renovation and lease-up potential.

Property SizeContact for details
Days on Market422

Property Features for 3463 6th Ave W

General Information

Standard status Pending
Property subtype Commercial

Building Details

Year Built 1974
Listing Agency: LEE & ASSOCIATES COMMERCIAL REAL ESTATE SERVICES
Listed By: CANDICE CHEVAILLIER, CCIM
Source: Corcoran
Added: Jul 10, 2025 Changed: Jul 6 Last Checked: Jul 23 at 9:11AM

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.

This offering features the North Queen Anne Portfolio, consisting of two multifamily buildings: a duplex built in 1974 and a fourplex constructed in 1956. Each building sits on its own parcel with separate tax IDs. Delivered fully vacant at closing, both buildings offer immediate potential for renovation and lease-up at market rents. The portfolio is located between Ballard, Fremont, South Lake Union, and Downtown Seattle, providing access to amenities and major employers including Meta, Google, Amazon, and Expedia. The unit mix includes one-bedroom units averaging 566 square feet and three-bedroom layouts averaging 1,150 square feet.

Key Highlights

  • Rare portfolio offering of two multifamily buildings (duplex and fourplex) in North Queen Anne.
  • Delivered fully vacant, providing immediate renovation and lease‑up potential at market rents.
  • Separate tax IDs allow leveraging residential financing.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Pharmacy Nursing Home (Bike/Boat/Book/etc) Store Carpet & Flooring Store Butcher 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.

Location Intelligence

Trade Area within ½ mile

1,359
Businesses Nearby

Demographics for 98119, WA

26,238
Population
15,323
Households
1.7
Avg Household Size
35
Median Age
71%
College-Educated
99%
High-School Grad
2.4 sq mi
ZIP Area
10,933
Density / Sq Mi
$125,021
Median Household Income
$74,038
Median Earnings
$1,963
Median Rent
$1,032,500
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?
Duplex - Two multifamily buildings in Seattle with renovation and lease-up potential.
Where is this duplex located?
The property is located at 3463 6th Ave W Seattle, WA.
What is the asking price?
The asking price for this property is $2,294,000.
What are key features of this property?
This property features: Rare portfolio offering of two multifamily buildings (duplex and fourplex) in North Queen Anne.; Delivered fully vacant, providing immediate renovation and lease‑up potential at market rents.; Separate tax IDs allow leveraging residential financing.
More about this property
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