Duplex with Attached
8011 Aurora Ave N, Seattle, WA 98103
For Sale
$849,950
The property includes two separate residences, in-unit laundry, central air, and secured parking.
Property Size2,490 SF
Price / SF$341.35
Days on Market55
Property Features for 8011 Aurora Ave N
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Public Transit
Units
Unit Mix
Multifamily Units
Amenities
in-unit laundry
central air
patio
storage
attached garage
covered carport
gated entry
Building Details
Year Built
Listing Agency:
WILCOX REAL ESTATE
Listed By:
Charles and Janette Wilcox · License #NWM94690
(253) 256-1721
Source:
Wilcoxrealestatewa
Added: Sep 15
Changed: Nov 3
Last Checked: Nov 8 at 5:35AM
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 WILCOX REAL ESTATE
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Investment Insights
Based on property information with market context.
This 2,490-square-foot Seattle duplex, built in 1920, contains two independent residences. The upper home offers 2 bedrooms, a den, and 2 baths, while the main-level residence provides 2 bedrooms and 1 bath. Interior features include hardwood and tile flooring, vaulted ceilings, skylights, and an updated kitchen with stone countertops, custom cabinetry, a gas range, and a breakfast bar. Each residence includes in-unit laundry, and the property has central air, a patio, and storage areas.
The property is located at 8011 Aurora Ave N near Greenwood and Green Lake, with access to transit, neighborhood shops, and Green Lake. Parking and entry improvements include an attached garage, covered carport, and gated access.
The property is located at 8011 Aurora Ave N near Greenwood and Green Lake, with access to transit, neighborhood shops, and Green Lake. Parking and entry improvements include an attached garage, covered carport, and gated access.
Key Highlights
- 2,490 SF duplex with two independent residences
- Upper residence includes 2 bedrooms, den, and 2 baths
- Main‑level residence includes 2 bedrooms and 1 bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,473
Cap Rate
5.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$889,460
$889.5K
Cap Rate 7%
$635,329
$635.3K
Cap Rate 9%
$494,144
$494.1K
Market Conditions
NOI Build-Up for 2,490 SF
Gross rent
$67.2K $27.00/SF
− Vacancy
−$3.7K −$1.49/SF
EGI
$63.5K $25.51/SF
− OpEx
−$19.1K −$7.65/SF
NOI
$44.5K $17.86/SF
Area
ZIP 98103
Vacancy
5.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$889,460
Cap Rate 7%
$635,329
Cap Rate 9%
$494,144
Alternative Uses
Best Use
Multifamily LT 5
$635.3K
$555.9K – $741.2K
NOI $44,473 @ 7.0% cap · market cap 5.23%
Second Best
Apartment 5plus
$567.5K
$496.6K – $662.1K
NOI $39,728 @ 7.0% cap · market cap 4.67%
Theoretical Best
Office A
$1.01M
$880.7K – $1.17M
NOI $70,457 @ 7.0% cap · market cap 8.29%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,609
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
$1,012,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Seattle, WA
Properties on Market for Duplexes in Seattle
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - The property includes two separate residences, in-unit laundry, central air, and secured parking.
Where is this duplex located?
The property is located at 8011 Aurora Ave N Seattle, WA.
What is the asking price?
The asking price for this property is $849,950.
What are key features of this property?
This property features: 2,490 SF duplex with two independent residences; Upper residence includes 2 bedrooms, den, and 2 baths; Main‑level residence includes 2 bedrooms and 1 bath
