4722-4730 15th Ave NE, Seattle, WA

Listing office Best Choice Network LLC Show Phone

Listing date Nov 26, 2025

Source Moodyscre

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Overview

This property presents a rare opportunity to acquire prime real estate with a fully designed apartment project in the U District, adjacent to the University of Washington. The Rhythm Apartments project, which includes three neighboring parcels, has secured MUP approval and is in the final stages of obtaining a building permit. The meticulously planned project features a seven-story building with commercial space on the first floor and 127 units on floors two through seven. The total area of the building is 45,926 square feet, with an average unit size of 362 square feet. The design includes underground parking. Located just one block from the UW central campus, the property is in close proximity to shopping, entertainment, and restaurants in the bustling U District, promising optimal investment returns.

Suggested Use

HVAC Service Nursing Home Electrical Service (Bike/Boat/Book/etc) Store Mobile Phone Store Home Appliance Store Clothing & Fashion Store Clothing & Fashion Store Nursing Home Adult Day Care

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

Location Insight

• Map
• Local Demand

City

Seattle

County

King

State

Washington

Longitude

-122.312

Latitude

47.6638

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FAQs

What type of property is this?

Commercial land - Rare land parcel with approved apartment project near UW.

Where is this commercial land located?

The property is located at 4722-4730 15th Ave NE Seattle, WA.

What is the asking price?

The asking price for this property is $6,520,000.

What are key features of this property?

This property features: Fully designed & permitted 7‑story apartment project (The Rhythm Apartments) ready for construction.; Prime location in the U District, adjacent to the University of Washington (UW) central campus.; Includes 127 residential units and valuable commercial space on the 1st floor.