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  • Listed by: 

    Ian Brown,

    Capstone Commercial,

    Ryan Downing,

    Capstone Commercial

    $1,950,000

    508 NE 71st Street, Seattle, WA 98115

    5beds
    5baths
    4,419sqft
    : 
    Multi Family
    Built in 1971
    -- sqft lot
    $-- Zestimate®
    $441/sqft
    $-- HOA

    What's special

    Introducing a prime multi-family investment opportunity in one of Seattle's most desirable areas. This property encompasses a 3,336 SF building featuring 5 well-maintained units, providing a strong foundation for substantial rental income. Built in 1971, this low-rise gem is strategically zoned LR3(M), offering potential for future development and growth. Enjoy the assurance of immediate returns with a 100% occupancy rate, making this an attractive prospect for a seasoned investor. Situated in the desirable Green Lake area, this property presents an excellent chance to capitalize on the enduring demand for multifamily residences in this bustling market. Don't miss the chance to add this high-performance asset to your portfolio.
    4 days
    on Zillow
    |
    202
    |
    8
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 30, 2025 at 02:30pm

    Listed by:

    Ian Brown,

    Capstone Commercial,

    Ryan Downing,

    Capstone Commercial

    Source: NWMLS,MLS#: 2413752MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 508 NE 71st Street.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    Heating
    • Baseboard, Electric
    Cooling
    • None
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 4,419
    • Total interior livable area: 4,419 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Open
    • Carport spaces: 3
    • Uncovered spaces: 2
    Lot
    • Size: 3,998.81 Square Feet
    Details
    • Parcel number: 9137101675
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Stucco
    • Roof: Composition
    Condition
    • Year built: 1971

    Utilities & green energy

    • Sewer: Sewer Connected

    Community & HOA

    Community
    • Subdivision: Green Lake
    Location
    • Region: Seattle

    Financial & listing details

    • Price per square foot: $441/sqft
    • Tax assessed value: $1,347,000
    • Annual tax amount: $13,011
    • Date on market: 7/24/2025
    • Listing terms: Cash Out
    • Cumulative days on market: 9 days
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