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Listing Firm: Lee & Associates Commercial RE: Dea Sumantri

Bought With: Westlake Associates, Inc. : Jeff Ayers

SOLD On September 29, 2023
NWMLS # 2133414

$2,480,000

  • Sold Price

8320 5th Avenue NE, Seattle, WA 98115

Listings with the three tree icon are courtesy of NWMLS

About This Property

1st time on market since it was built in 1991, the Chalet is a rare opportunity to own a quality mixed-use building in a popular residential area of Maple Leaf. 5 townhome units, 1 studio w private balcony, & 2 commercial spaces. Generously-sized at approx. 1200 sf, the TH units feat 2-beds/1.5-bh offering an abundance of natural light. The commercial office suites have to 2 private restrooms & addtl storage. Well-maintained w/ secure street-level garage parking. Common laundry w/ 2 sets of leased W/D. Fully rented w/ low historic vacancy. This is the perfect opportunity for an investor to realize significant rental upside & maximize rental income through a light value-add renovation & taking advantage of additional efficiencies.

Buyer's Agent: Jeff Ayers • Westlake Associates, Inc.

Listed by: Dea Sumantri • Lee & Associates Commercial RE

Aris360 Last Checked: Just Now (Jul 18, 2025 08:21 AM)

  • Source: NWMLS as Distributed by MLS Grid #2133414

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: 5th
  • Zip/Postal Code: 98115
  • City: Seattle

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$3,847 per month
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Property Features

  • County
    • Maple Leaf
  • Community
    • 710 - North Seattle
  • MLS Area
    • 710 - North Seattle
  • Longitude
    • -122.322755
  • Latitude
    • 47.689448
  • Directions
    • I-5 S exit 170, take 8th ave NE. Continue straight onto Weedin Pl NE, continue straight on to 5th Ave NE, building on the right

  • Interior
    • Wall to Wall Carpet
  • Floors
    • Vinyl
    • Vinyl Plank
    • Carpet
  • Power Production Type
    • Electric
  • Furnished
    • Unfurnished

  • Stories
    • 3
  • Style
    • 55 - 5-9 Units
  • Parking Spaces
    • 5
  • Lot Description
    • Curbs,
    • Paved,
    • Sidewalk,
  • Foundation
    • Poured Concrete,
  • Elevation
    • Feet
  • Water Source
    • Public,
  • Exterior
    • Cement Planked
  • Site Description
    • Deck,Gas Available,High Speed Internet
  • Roof
    • Composition,
  • Septic or Sewer
    • Sewer Connected,
  • Covered Spaces
    • 5
  • Condition
    • Good,
  • Building Total Area (Sq. Ft.)
    • 6120
  • Has View
    • Yes
  • View Description
    • Territorial,

  • High School District
    • Seattle

  • Possession
    • Closing,
  • Property Type
    • Residential Income
  • Property SubType
    • Multi-Family
  • Tax Year
    • 2023
  • Structure Type
    • Multi Family,
  • Tax Amount
    • $26283
  • Year Built
    • 1991
  • Effective Year Built
    • 2005
  • Status
    • Sold

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Disclaimer: Based on information submitted to the MLS GRID as of Fri Jul 18 2025 . 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.

Jul 18, 2025 08:21 AM