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Financial
Distress signals
Property profile

4049 9th NE Ave Seattle, WA 98105

OFF-MARKET
Parking lots & garages
Property ID
US90-1969542
0.11 ac lot
Last sale Nov 2023
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 17,125 square foot development site in Seattle's University District presents a compelling value-add opportunity. Currently housing an 18-unit, three-story apartment complex, the property is zoned MR (M1) and offers significant redevelopment potential. Plans allow for the construction of a new 132-unit multifamily building featuring a mix of studio, one-, and two-bedroom apartments. The site's prime location, just blocks from the University of Washington and the U-District…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$36k
Tax billed · 2022
Assessed value$2.00M
Assessed land$2.00M
Effective rate1.79%

Value estimate

· Oct 2026
$335k
$302k – $369k
AI approach$335k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$1,009/SF
Submarket average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$225 – $2,355

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
MR (M1)
This district promotes multi family uses in mid rise or high rise providing concentrations of housing in desirable, pedestrian oriented u...
General categoryRESIDENTIAL
JurisdictionKING

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service10.7
HVAC Service10.7
Tailor Shop10.2

Location

4049 9th NE Ave Seattle, WA 98105-6410
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5326 Roosevelt NE, Seattle, WA 98105-3629 $550,000 Jun 2025 3,090 SF
4557 Brooklyn NE, Seattle, WA 98105-4508 $168,400 Nov 2024 No data
4740 17th NE, Seattle, WA 98105-4211 $4,000,000 May 2024 No data
4411 1st NE, Seattle, WA 98105-6126 $7,190,000 Dec 2023 No data
4701 Roosevelt NE, Seattle, WA 98105-4723 $3,500,000 Aug 2023 6,750 SF
4729 21st NE Ave, Seattle, WA 98105-3328 $1,600,000 Feb 2023 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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