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508 NE 71st Street

Seattle, WA 98115
  • $1,920,000
  • STATUS: Sold
  • ID#: 2413752
Sold - 09/17/2025
$1,920,000
SOLD - 09/17/2025
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,419
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1971
County:
Northwest MLS logo Listing courtesy of Northwest MLS as distributed by MLS GRID. Listing courtesy of Capstone Commercial.
Mortgage Calculator is provided by BoomTown.

School Ratings & Info

School District:

Description

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.

Sold by Real Property Associates, Inc..

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MLS Grid logo

IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than The Royston Team at Keller Williams Greater 360 are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2026-10-15T00:16:13.193. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2026-10-15T00:16:13.193. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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www.roystonteam.com/homes/166357498
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508 NE 71st Street Seattle, WA 98115

  • Price: $1,950,000
  • Status: Sold
  • On Site: Days
  • Updated: 26 min ago
  • ID#: 2413752
0
Beds
0
Baths
0
½ Baths
0.09
Acres
4,419
SQFT
$0
$/SQFT
1971
Built
Neighborhood:
Green Lake
County:
King
Area:
705 - Ballard/Greenlake
School District:
Seattle
Property Description
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.
Exterior Features

Carport Spaces 3 Carport YN No Covered Spaces 0 Exterior Features Stucco Open Parking Spaces 2 Open Parking YN Yes Parking Total 5 Parking Uncovered Spaces 2 Roof Composition Structure Type Multi Family Style Code 55 - 5-9 Units View YN No Waterfront YN No

Interior Features

Baths Full Upper 0 Baths Half Upper 0 Baths Three Quarter Upper 0 Bedrooms Upper 0 Building Area Total 4419 Cooling None Cooling YN No Fireplace YN No Fireplaces Total 0 Heating Baseboard Heating YN Yes Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Association Fee 0 Association YN No Energy Source Electric First Right Of Refusal No Irrigation Water Rights YN No Listing Terms Cash Out Net Operating Income 106844 New Construction YN No Possession Closing Power Production Type Electric Property Sub Type Multi Family Senior Community YN No Sewer Sewer Connected Special Listing Conditions None Tax Annual Amount 13011 Tax Year 2025 Units In Building Total 5

MLS Grid logo

IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than The Royston Team at Keller Williams Greater 360 are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2026-10-15T00:16:13.193. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2026-10-15T00:16:13.193. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Digital Millennium Copyright Act
 
https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_2413752-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_2413752-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_2413752-1.jpg
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The Royston Team at Keller Williams Greater 360
Poulsbo WA, 98370
Northwest MLS logo Listing courtesy of Northwest MLS as distributed by MLS GRID. Listing courtesy of Capstone Commercial.
Mortgage Calculator is provided by BoomTown.