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Low-Rise Apartment Building
For Sale
$1,749,000
Pending

717 3rd Ave N, Seattle, WA 98109

Eight one-bedroom units are housed in a 1945 wood-framed building with a private 8-stall parking lot.

Property SizeContact for details
Days on Market97

Property Features for 717 3rd Ave N

General Information

Standard status Pending
Total Parking Spaces 8
Property subtype Commercial
Zoning LR3

Additional Details

Multifamily Units 8

Building Details

Year Built 1945
Tenancy Multi
Listing Agency: BLAKE INVESTMENT ADVISORS
Listed By: GABE BLAKE
Source: Corcoran
Added: Jun 4 Changed: Aug 8 Last Checked: Jul 23 at 9:15AM

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

Investment Insights

Based on property information with market context.

This 8-unit apartment building offers eight one-bedroom, one-bathroom residences within a wood-framed structure originally constructed in 1945. Reported improvements and features include copper plumbing, updated electrical panels, double-pane vinyl windows, brick veneer exterior, and horizontal and vertical cedar lap siding.

A private parking lot with eight stalls is located on the west side of the property. The building is situated on a 7,860-square-foot lot zoned LR3.

The property provides a straightforward, small multifamily configuration with dedicated on-site parking.

Key Highlights

  • 8‑unit apartment building originally built in 1945 with wood framing
  • All units: 1 bedroom, 1 bathroom (8 one‑bedroom units total)
  • Private parking lot on the west side with 8 stalls

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Butcher Florist Auto Parts Store Carpet & Flooring 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

8
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,797
Businesses Nearby

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

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

What type of property is this?
Apartment building - Eight one-bedroom units are housed in a 1945 wood-framed building with a private 8-stall parking lot.
Where is this apartment building located?
The property is located at 717 3rd Ave N Seattle, WA.
What is the asking price?
The asking price for this property is $1,749,000.
What are key features of this property?
This property features: 8‑unit apartment building originally built in 1945 with wood framing; All units: 1 bedroom, 1 bathroom (8 one‑bedroom units total); Private parking lot on the west side with 8 stalls
More about this property
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