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Seattle Multifamily Near University of Washington
For Sale
$42,500,000

4252 8th Ave NE, Seattle, WA 98105

Modern multifamily property near the University of Washington.

Days on Market424

Property Features for 4252 8th Ave NE

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 2017
Listing Agency: THE PREVIEW GROUP
Listed By: MANDY WU
Source: Corcoran
Added: Jun 3, 2025 Changed: Jul 6 Last Checked: Jul 30 at 6:44AM

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 THE PREVIEW GROUP

Investment Insights

Based on property information with market context.

This multifamily property, constructed in 2017, features a contemporary design with premium finishes. The location is near the University of Washington, restaurants, cafes, and shopping. It is suitable for students, faculty, and young professionals. Owner financing is available.

Key Highlights

  • Prime Location – Steps from UW, restaurants, cafes, and shopping
  • Modern Construction (2017) – Contemporary design with premium finishes
  • Strong Rental Demand – Ideal for students, faculty, and young professionals

Property Analytics

Current Use

The Willet Apartment Building

Suggested Use

Top Pick Electrical Service HVAC Service (Bike/Boat/Book/etc) Store Florist Home Appliance Store Nursing Home

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

3,564
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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Modern multifamily property near the University of Washington.
Where is this apartment building located?
The property is located at 4252 8th Ave NE Seattle, WA.
What is the asking price?
The asking price for this property is $42,500,000.
What are key features of this property?
This property features: Prime Location – Steps from UW, restaurants, cafes, and shopping; Modern Construction (2017) – **Contemporary design with premium finishes**; Strong Rental Demand – Ideal for students, faculty, and young professionals
More about this property
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