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    Queen Anne Multifamily Investment Opportunity Title is generated by Realmo AI

    608 Emerson St, Seattle, WA 98119

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    For Sale
    $2,875,000

    Vacant 10-unit property in prime Queen Anne location.

    Type:Commercial
    Property size:
    7,650 SF
    Price / SF:
    $375/SF
    Added:
    Jul 8, 2025
    Days on Market:
    363
    Last Refresh:
    May 11 at 12:10 am

    Property Features for 608 Emerson St

    General Information

    Standard status
    Active
    Size
    7,650 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1975

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    STEVE FISCHER

    Listing office NORTHMARQ MULTIFAMILY LLC

    Listing date Jul 8, 2025

    Source Corcoran

    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 NORTHMARQ MULTIFAMILY LLC

    HighLights

    • Attractive Price: Stabilizes to a 7.42% cap on cost and a 9.42% cash on cash return at $2.875M.
    • Property Delivered Vacant: Excellent opportunity to renovate all 10 units and achieve higher rents.
    • Prime Queen Anne Location: Located in North Queen Anne, walking distance from Seattle Pacific University.
    • Desirable Unit Mix: Features a mix of 2‑bedroom and 3‑bedroom units totaling 7,650 net rentable square feet.
    • Strong Amenities: Includes a laundry facility, balconies with views, 9 parking spaces, mature landscaping, and storage space.
    • Updated Interiors: All units were renovated in 2016, including updated kitchens.

    Overview

    This multifamily property, located on W Emerson St in North Queen Anne, is within walking distance of Seattle Pacific University. The property is being delivered 100% vacant, presenting an opportunity to renovate all 10 units. The building features a mix of 2-bedroom and 3-bedroom units, totaling 7,650 net rentable square feet. The property includes a laundry facility, balconies with views, 9 parking spaces, mature landscaping, and storage space. All units were renovated in 2016, including updated kitchens.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Nursing Home Nursing Home Pharmacy Mobile Phone Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Butcher Clothing & Fashion Store Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.365
    Latitude
    47.6512

    FAQs

    What type of property is this?
    Apartment building - Vacant 10-unit property in prime Queen Anne location.
    Where is this apartment building located?
    The property is located at 608 Emerson St Seattle, WA.
    What is the asking price?
    The asking price for this property is $2,875,000.
    What are key features of this property?
    This property features: Attractive Price: Stabilizes to a 7.42% cap on cost and a 9.42% cash on cash return at $2.875M.; Property Delivered Vacant: Excellent opportunity to renovate all 10 units and achieve higher rents.; Prime Queen Anne Location: Located in North Queen Anne, walking distance from Seattle Pacific University.
    More about this property
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