Exceptional investment opportunity on the western slope of Queen Anne. This well-maintained mid-century five-plex offers strong income, consistently low vacancy, and compelling long-term potential. The building and all five units are in great condition and each unit has its own dedicated storage unit in the basement. An attractive cap rate provides solid returns today with potential to further maximize income over time. The location provides quick access to Interbay, Ballard, Fremont, Magnolia, Downtown Seattle, and Highway 99, making it highly desirable for tenants seeking convenience and connectivity. Residents also enjoy easy access to Queen Anne's vibrant restaurants, cafés, shopping, parks, and major employment centers. A dependable, income-producing asset in one of Seattle's premier neighborhoods, with the potential to benefit from continued appreciation and future value-add. Pre-listing inspection report available upon request.
| MLS # | 2576773 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1962 |
| Days On Site | 23 |
| Listing Provided By | Coldwell Banker Danforth | Alex Eckardt |
| SQ Feet | 4,288 |
|---|---|
| Garage | 5 |
| Story(s) | 3 |
| Units | 5 |
| Zoning | Multi-Family |
| Acreage | 0.14 |
| Property View | Yes |
| Property | 15593 |
|---|
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98119 |
| Area | 700 Queen Anne | Magnolia |
| Community Name | Queen Anne |
| School District | Buyer To Verify |
| Elementary School | Buyer To Verify |
| High School | Buyer To Verify |
| Listing VS Median (in Queen Anne) | |
Price: $1,650,000 low | high Med: $749,500 sqft: 4,288 low | high Med: 1,319 $ / sqft: $385 low | high Med: $570 On site: 23 low | high Med: 16.5 | |
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98119 |
| Area | 700 Queen Anne | Magnolia |
| Community Name | Queen Anne |
| School District | Buyer To Verify |
| Elementary School | Buyer To Verify |
| High School | Buyer To Verify |
| Listing VS Median (in Queen Anne) | |
Price: $1,650,000 low | high Med: $749,500 sqft: 4,288 low | high Med: 1,319 $ / sqft: $385 low | high Med: $570 On site: 23 low | high Med: 16.5 | |
![]() | $1,650,0001318 W Barrett StreetSeattle, WA 98119 |