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Greenwood 6-Unit Apartment Building
For Sale
$1,295,000
Pending

719 85th St, Seattle, WA 98103

Well-maintained six-unit apartment building near Greenwood's commercial core.

Property SizeContact for details
Days on Market323

Property Features for 719 85th St

General Information

Standard status Pending
Property subtype Commercial

Building Details

Year Built 1969
Listing Agency: LEE & ASSOCIATES COMMERCIAL REAL ESTATE SERVICES
Listed By: CANDICE CHEVAILLIER, CCIM
Source: Corcoran
Added: Oct 2, 2025 Changed: Aug 9 Last Checked: Jul 23 at 10:01AM

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 LEE & ASSOCIATES COMMERCIAL REAL ESTATE SERVICES

Investment Insights

Based on property information with market context.

The subject property is a six-unit apartment building constructed in 1969. It offers immediate cash flow with the potential to increase net operating income through rent increases. Cosmetic upgrades and the addition of in-unit laundry could further increase rental income. The property is located blocks from Greenwood’s commercial core, providing a walkable location with transit access. Positioned back from 85th Street, the building includes six on-site parking spaces, one per unit, screened by mature evergreen trees. The property features a large two-bedroom unit suitable for owner-occupancy, with potential for expansion.

Key Highlights

  • Immediate cash flow with opportunity to increase Net Operating Income (NOI) through rent increases.
  • Value‑add potential through cosmetic upgrades and adding in‑unit laundry.
  • Exceptionally walkable location near Greenwood's commercial core with strong transit access.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Food Market (Bike/Boat/Book/etc) Store Law Firm Travel Agency Pharmacy Grocery & Convenience 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.

Location Intelligence

Trade Area within ½ mile

1,553
Businesses Nearby

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

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 - Well-maintained six-unit apartment building near Greenwood's commercial core.
Where is this apartment building located?
The property is located at 719 85th St Seattle, WA.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Immediate cash flow with opportunity to increase Net Operating Income (NOI) through rent increases.; Value‑add potential through cosmetic upgrades and adding in‑unit laundry.; Exceptionally walkable location near Greenwood's commercial core with strong transit access.
More about this property
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