7329 15th Ave NW | Seattle, WA 98117
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This Multifamily Property is no longer advertised on LoopNet.com.
7329 15th Ave NW
Seattle, WA 98117
Loyal Heights 7 · Multifamily Property For Sale
·
7 Units

INVESTMENT HIGHLIGHTS
- This partially reno'd property presents an opportunity for new ownership to implement a value-add program & increase rents to current market averages
- Prime location for residents, conveniently situated near major transit options and leading regional employers and educational institutions
- The area boasts a strong rental market, with 53% of housing units renter-occupied within a 1-mile radius; avg. effective rents reached $2,238 in 4Q24
- Renovations are projected to yield an additional $172 per unit premium, supported by strong effective rent growth in the submarket
- Owner-operated & well maintained with minimal deferred maintenance; recent upgrades include plumbing, water heaters, & electrical panels
PROPERTY FACTS
| No. Units | 7 | Lot Size | 0.10 AC |
| Property Type | Multifamily | Building Size | 5,100 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1912/1976 |
| Building Class | C | Parking Ratio | 0.39/1,000 SF |
| Zoning | NC2-55 (M) | ||
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 5,100 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1912/1976 |
| Parking Ratio | 0.39/1,000 SF |
| Zoning | NC2-55 (M) |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Kitchen
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Walking/Biking Trails
- Storage Space
- Public Transportation
- Walk-Up
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 1 | - | 550 |
| 1+1 | 3 | - | 550 |
| 2+1 | 3 | - | 900 - 1,100 |
LINKS
PROPERTY TAXES
| Parcel Number | 751850-0770 | Improvements Assessment | $346,400 |
| Land Assessment | $1,012,600 | Total Assessment | $1,359,000 |
PROPERTY TAXES
Parcel Number
751850-0770
Land Assessment
$1,012,600
Improvements Assessment
$346,400
Total Assessment
$1,359,000
Listing ID: 35414912
Date on Market: 4/8/2025
Last Updated:
Address: 7329 15th Ave NW, Seattle, WA 98117
The Loyal Heights Multifamily Property at 7329 15th Ave NW, Seattle, WA 98117 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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