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Listing Firm: Capstone Commercial: Ian Brown

Active
NWMLS # 2413752
  • - Beds
  • - Baths
  • 4419 Sq.ft.

508 NE 71st Street , Seattle, WA 98115

Listings with the three tree icon are courtesy of NWMLS

About This Property

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.

Aris360 Last Checked: 1 Minute Ago (Aug 03, 2025 11:12 PM)

  • Source: NWMLS as Distributed by MLS Grid #2413752

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: 71st
  • Zip/Postal Code: 98115
  • City: Seattle

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$3,847 per month
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Loan Detail

Interest Rate

According to icanbuy, the average interest rate for a 30-year fixed loan in 98102 is 7.009%. Compare current rates

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Property Features

  • County
    • Green Lake
  • Community
    • 705 - Ballard/Greenlake
  • MLS Area
    • 705 - Ballard/Greenlake
  • Longitude
    • -122.322412
  • Latitude
    • 47.680425
  • Directions
    • Heading north on Woodlawn Ave NE take a right turn on NE 71st Street to arrive at the property.

  • Power Production Type
    • Electric

  • Stories
    • 2
  • Style
    • 55 - 5-9 Units
  • Parking Spaces
    • 5
  • Elevation
    • Feet
  • Exterior
    • Stucco
  • Roof
    • Composition,
  • Septic or Sewer
    • Sewer Connected,
  • Building Total Area (Sq. Ft.)
    • 4000

  • High School District
    • Seattle

  • Possession
    • Closing,
  • Property Type
    • Residential Income
  • Property SubType
    • Multi Family
  • Tax Year
    • 2025
  • Structure Type
    • Multi Family,
  • Tax Amount
    • $13011
  • Year Built
    • 1971
  • Status
    • Active

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Disclaimer: Based on information submitted to the MLS GRID as of Sun Aug 03 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.

Aug 03, 2025 11:12 PM