Historic Apartment Building with 22
For Sale
Contact for pricing
Pending
5003 15th Avenue NE, Seattle, WA 98105
Three-story brick apartment building with 22 units; all units are currently rented.
Property SizeContact for details
Days on Market123
Property Features for 5003 15th Avenue NE
General Information
Standard status
Pending
Property subtype
Retail
Zoning
L3
Occupancy
100%
Additional Details
Multifamily Units
22
Building Details
Year Built
1926
Stories
3
Tenancy
Multi
Listing Agency:
Coldwell Banker BAIN
Listed By:
Chris Sudore · License #WA
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Aug 11 at 10:28AM
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 Coldwell Banker BAIN
Investment Insights
Based on property information with market context.
The Davison Apartments is a historic 1926, three-story apartment building featuring timeless brick architecture and period details paired with modern updates. The property offers 22 bright, spacious units, and the interior upgrades mentioned include hardwood floors, granite surfaces, and stainless appliances. According to the seller’s remarks, all units are currently rented with an incredibly low vacancy rate.
The building stands at NE 50th St. & 15th Ave. NE in Seattle’s U-District, with the UW campus described as blocks away. The remarks also note that the area provides walking access to shops, dining, parks, and trails, along with abundant transit and parking options. The offering is described as having L3 zoning and potential development opportunities.
The building stands at NE 50th St. & 15th Ave. NE in Seattle’s U-District, with the UW campus described as blocks away. The remarks also note that the area provides walking access to shops, dining, parks, and trails, along with abundant transit and parking options. The offering is described as having L3 zoning and potential development opportunities.
Key Highlights
- Historic 1926, 3‑story brick apartment building
- 22 units total; all units are currently rented
- L3 zoning listed for the property
Property Analytics
Property Profile
Current Use
Lease Details
22
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,294
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Three-story brick apartment building with 22 units; all units are currently rented.
Where is this apartment building located?
The property is located at 5003 15th Avenue NE Seattle, WA.
What are key features of this property?
This property features: Historic 1926, 3‑story brick apartment building; 22 units total; all units are currently rented; L3 zoning listed for the property
