4731 12th Ave NE, Seattle, WA 98105

Building Details

Year Built

1961

Listing office LEE & ASSOCIATES COMMERCIAL REAL ESTATE SERVICES d***@lee-associates.com Show Phone

Listing date Jun 17, 2026

Source Lee-associates

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

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Overview

The Laureate is a 23-unit multifamily apartment building originally built in 1961, offered for sale in well-maintained condition. Recent capital improvements and interior renovations are highlighted by a new roof completed in 2023, refreshed exterior siding, replacement of all individual hot water tanks, and an overhaul of life safety equipment. Unit comfort is supported by A/C in all units, with additional resident-focused features including building-wide internet and a security camera system. Furnished unit options are also available.

Located in Seattle’s University District at 4731 12th Ave NE, the property is described as within walking distance to the University of Washington and the Link Light Rail Station. Access is enhanced by a gated and secure 17-space parking garage, providing dedicated parking for residents.

For tenants, this mix of updated building systems, in-unit A/C, and secure parking can support day-to-day comfort and convenience. For buyers or operators, the property’s documented renovation program offers a straightforward path to continuing ongoing improvements, supported by the property’s recently refreshed roof, mechanical, exterior, and life safety upgrades.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

Location Insight

• Map
• Local Demand

City

Seattle

County

King

State

Washington

Longitude

-122.3155731

Latitude

47.6640802

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FAQs

What type of property is this?

Apartment building - 23-unit apartment building with A/C in all units and a gated, secure 17-space parking garage.

Where is this apartment building located?

The property is located at 4731 12th Ave NE Seattle, WA.

What is the asking price?

The asking price for this property is $6,500,000.

What are key features of this property?

This property features: 23‑unit multifamily apartment building built in 1961; A/C in all units; Gated and secure 17‑space parking garage