Stabilized 31-Unit Multifamily
For Sale
Contact for pricing
4902 Aurora Avenue North, Seattle, WA 98103
Acquire a 22.4% ownership interest in a stabilized 31-unit apartment property in Seattle.
Property SizeContact for details
Days on Market63
Property Features for 4902 Aurora Avenue North
General Information
Standard status
Active
Property subtype
Multifamily
Zoning
C1-55(M)
Occupancy
96%
Investment Type
Stabilized
Net Operating Income
$352,932
Additional Details
Multifamily Units
31
Building Details
Year Built
2001
Units
31
Tenancy
Multi
Listing Agency:
Navigate Commercial Real Estate
(360) 718-8787
Listed By:
Andi Costello · License #201236402
Source:
Crexi
Added: Jun 11
Changed: Aug 11
Last Checked: Aug 11 at 9:16AM
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 Navigate Commercial Real Estate
Investment Insights
Based on property information with market context.
This offering is an opportunity to acquire a 22.4% ownership interest in a stabilized 31-unit multifamily property. The asset is described as stabilized, with existing in-place operations supporting the property’s current performance.
The property is located at 4902 Aurora Avenue North in Seattle, Washington. As described, the value proposition centers on an ownership interest in an ongoing apartment investment rather than a vacant or redevelopment scenario.
For buyers seeking a partial ownership structure, this can provide a path to participate in a stabilized multifamily portfolio with an established, long-standing ownership group. The property’s configuration is limited to the information provided: a 31-unit apartment building marketed as stabilized. Prospective investors should review the terms of the ownership interest, associated agreements, and operating details during due diligence to understand responsibilities, reporting, and cash flow expectations tied to the 22.4% stake.
The property is located at 4902 Aurora Avenue North in Seattle, Washington. As described, the value proposition centers on an ownership interest in an ongoing apartment investment rather than a vacant or redevelopment scenario.
For buyers seeking a partial ownership structure, this can provide a path to participate in a stabilized multifamily portfolio with an established, long-standing ownership group. The property’s configuration is limited to the information provided: a 31-unit apartment building marketed as stabilized. Prospective investors should review the terms of the ownership interest, associated agreements, and operating details during due diligence to understand responsibilities, reporting, and cash flow expectations tied to the 22.4% stake.
Key Highlights
- Acquire a 22.4% ownership interest in a stabilized 31‑unit multifamily property in Seattle
- Property was built in 2001
- Stabilized setup generating passive income
Property Analytics
Property Profile
Current Use
Lease Details
31
Residential units
Location Intelligence
Trade Area within ½ mile
1,661
Businesses Nearby
Explore this area
Business Placement
Demographics for 98103, WA
53,056
Population
27,857
Households
1.9
Avg Household Size
35
Median Age
77%
College-Educated
98%
High-School Grad
4.6 sq mi
ZIP Area
11,534
Density / Sq Mi
$127,372
Median Household Income
$80,508
Median Earnings
$2,006
Median Rent
$1,012,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Acquire a 22.4% ownership interest in a stabilized 31-unit apartment property in Seattle.
Where is this apartment building located?
The property is located at 4902 Aurora Avenue North Seattle, WA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Acquire a 22.4% ownership interest in a stabilized 31‑unit multifamily property in Seattle; Property was built in 2001; Stabilized setup generating passive income
