Queen Anne Apartments with
For Sale
$3,650,000
Pending
501 Highland Dr, Seattle, WA 98109
Well-maintained 11-unit building with views of Seattle landmarks.
Property SizeContact for details
Days on Market400
Property Features for 501 Highland Dr
General Information
Standard status
Pending
Property subtype
Commercial
Building Details
Year Built
1975
Listing Agency:
CBRE
Listed By:
PETER WRIGHT
Source:
Corcoran
Added: Jul 17, 2025
Changed: Jul 6
Last Checked: Jul 23 at 7:05AM
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 CBRE
Investment Insights
Based on property information with market context.
Highland View Apartments is an 11-unit residential building located in the Queen Anne neighborhood of Seattle. The property features a mix of four one-bedroom units, six two-bedroom units, and a 1,915 square foot three-bedroom, two-bath Penthouse on the top floor. Each apartment includes private decks with views of Downtown Seattle, Lake Union, and the Space Needle. The interior finishes were updated between 2002 and 2008 on turnovers, featuring new kitchen and bath cabinets, Formica countertops, vinyl floor coverings, carpet, new appliances, tub surrounds, sinks, toilets, paint, and light fixtures. The property presents a potential opportunity for investors to update the units with high-end finishes.
Key Highlights
- Expansive views of Downtown Seattle, Lake Union, and the Space Needle from private decks.
- Located in the desirable Queen Anne neighborhood of Seattle.
- Well‑maintained 11‑unit residential building.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,459
Businesses Nearby
Explore this area
Business Placement
Demographics for 98109, WA
34,551
Population
23,162
Households
1.5
Avg Household Size
32
Median Age
78%
College-Educated
98%
High-School Grad
1.9 sq mi
ZIP Area
18,185
Density / Sq Mi
$130,845
Median Household Income
$104,202
Median Earnings
$2,329
Median Rent
$986,000
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained 11-unit building with views of Seattle landmarks.
Where is this apartment building located?
The property is located at 501 Highland Dr Seattle, WA.
What is the asking price?
The asking price for this property is $3,650,000.
What are key features of this property?
This property features: Expansive views of Downtown Seattle, Lake Union, and the Space Needle from private decks.; Located in the desirable Queen Anne neighborhood of Seattle.; Well‑maintained 11‑unit residential building.
