12-Unit Apartment Building with
6550 Greenwood Ave N, Seattle, WA 98103
For Sale
$2,800,000
A varied apartment mix includes in-unit fireplaces, shared laundry, individual storage lockers, and a bonus room.
Property SizeContact for details
Days on Market25
Property Features for 6550 Greenwood Ave N
General Information
Standard status
Total Parking Spaces
Property subtype
Site & Location
Neighborhood
Public Transit
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
on-site common laundry room
individual storage lockers
in-unit fireplaces
Listing Agency:
Blake Investment Advisors
Listed By:
Gabe Blake
(206) 618-2207
Source:
Exprealty
Added: Oct 21
Changed: Nov 13
Last Checked: Nov 12 at 2:27PM
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 Blake Investment Advisors
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Investment Insights
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The Phinney Apartments is a 12-unit residential property with nine one-bedroom homes averaging 585 square feet, two two-bedroom homes averaging 750 square feet, and a three-bedroom, one-bathroom apartment with an office measuring approximately 860 square feet. The units retain finishes from the 1960s, with hardwood flooring beneath carpet in the living areas. Two apartments have fireplaces. Shared amenities include a laundry room, 12 covered carport stalls, 12 private storage lockers, a dedicated maintenance room, and an approximately 400-square-foot bonus room.
Located at 6550 Greenwood Ave N in Seattle’s Phinney Ridge neighborhood, the property is near neighborhood restaurants and Metro bus service. Red Mill Burgers, El Chupacabra, ThaiKu, Ridgewood Bottle & Tap, and GH Pasta & Pizza are among the nearby establishments.
The property is expected to transfer 75% vacant at closing. The existing configuration combines multiple apartment sizes with on-site parking, storage, laundry, and additional utility space.
Located at 6550 Greenwood Ave N in Seattle’s Phinney Ridge neighborhood, the property is near neighborhood restaurants and Metro bus service. Red Mill Burgers, El Chupacabra, ThaiKu, Ridgewood Bottle & Tap, and GH Pasta & Pizza are among the nearby establishments.
The property is expected to transfer 75% vacant at closing. The existing configuration combines multiple apartment sizes with on-site parking, storage, laundry, and additional utility space.
Key Highlights
- 12 apartments: nine one‑bedroom, two two‑bedroom, and one three‑bedroom with an office
- One‑bedroom units average 585 square feet; two‑bedroom units average 750 square feet; three‑bedroom unit is approximately 860 square feet
- 12 covered carport parking stalls and 12 individual storage lockers
Property Analytics
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Lease Details
12
Residential units
Location Intelligence
Trade Area within ½ mile
1,077
Businesses Nearby
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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
$1,012,900
Median Home Value
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Market
Average Price Trend$/SF for Apartment buildings in Seattle, WA
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Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - A varied apartment mix includes in-unit fireplaces, shared laundry, individual storage lockers, and a bonus room.
Where is this apartment building located?
The property is located at 6550 Greenwood Ave N Seattle, WA.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: 12 apartments: nine one‑bedroom, two two‑bedroom, and one three‑bedroom with an office; One‑bedroom units average 585 square feet; two‑bedroom units average 750 square feet; three‑bedroom unit is approximately 860 square feet; 12 covered carport parking stalls and 12 individual storage lockers
