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Mid-Rise Multifamily with Off-Street Parking
For Sale
$1,200,000

710 NE 43rd St, Seattle, WA 98105

Mid-rise multifamily on MR M1 zoned lot with 1- and 2-bedroom units and six off-street spaces.

Property Size1,890 SF
Lot Size0.11 Acres
Days on Market53

Property Features for 710 NE 43rd St

General Information

Standard status Active
Size 1,890 SF
Total Parking Spaces 6
Lot size 0.11 Acres
Property subtype Multifamily
Zoning MR M1
Occupancy 95%

Additional Details

Cap Rate 3.34%

Amenities

Diverse unit mix of one-, and two-bedroom homes averaging 473 square feet
5,000 square foot lot of Mid Rise (MR M1) zoning within walking distance of the University of Washington
6 Off street parking spaces available
Walkers Paradise: 93 walk Score, 83 Bike Score, 82 Transit Score
Additional 4 Plex also available for purchase across the street (709 NE 43rd St) offer investors immediate scale

Building Details

Building Size 1,890 SF
Units 4
Tenancy Multi
Listing Agency: MARCUS & MILLICHAP, INC.
Listed By: Jake Morse · License #License(s): WA: 20120840
Source: Marcusmillichap
Added: Jul 18 Changed: Sep 3 Last Checked: Sep 7 at 4:55AM

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 MARCUS & MILLICHAP, INC.

Investment Insights

Based on property information with market context.

This mid-rise multifamily property at 710 NE 43rd Street offers a unit mix of one- and two-bedroom homes, averaging 473 square feet. The property sits on a 5,000 square foot MR M1 zoned lot and includes 6 off-street parking spaces.

The location provides transit access, with the University of Washington and the U District Link Light Rail station described as within walking distance. Reported Walk Score is 93, Bike Score is 83, and Transit Score is 82.

For investors, a 4-plex at 709 NE 43rd Street is available for purchase simultaneously, directly across the street, creating the option to acquire two properties on the same block.

Key Highlights

  • Mid‑rise multifamily on a 5,000 SF MR M1 zoned lot in Seattle’s University District
  • Unit mix includes 1- and 2‑bedroom homes averaging 473 SF
  • Provides 6 off‑street parking spaces

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Nursing Home Florist Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,564
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Mid-rise multifamily on MR M1 zoned lot with 1- and 2-bedroom units and six off-street spaces.
Where is this multifamily property located?
The property is located at 710 NE 43rd St 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: Mid‑rise multifamily on a 5,000 SF MR M1 zoned lot in Seattle’s University District; Unit mix includes 1- and 2‑bedroom homes averaging 473 SF; Provides 6 off‑street parking spaces
More about this property
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