Property Photo: 8309 5th Avenue NE WA 98115

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Listing Courtesy of:

Northwest MLS as distributed by MLS GRID / Listed By: Westlake Associates, Inc. / Bought By: Non Member Zdefault, Znonmember-Office-Mls

8309 5th Avenue NE Seattle, WA 98115

Sold on 11/26/2024

$4,000,000 ^(USD)

13,700

SQFT

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Description

5th Ave Manor presents an exceptional opportunity for investors seeking ownership of a desirable building in a highly sought-after residential locale, characterized by a scarcity of rental accommodations. With its strategic location and potential for value-add enhancement through modest kitchen, flooring, and appliance upgrades, 5th Avenue Manor promises lucrative returns. Following these enhancements, a new owner can anticipate achieving a stabilized Market CAP of 6.01%. Nestled nearby the scenic Green Lake Park, renowned for its myriad recreational pursuits, this coveted address offers seamless access to the University of Washington, the bustling South Lake Union Tech Core, and the vibrant Northgate shopping and entertainment hub.

Sold Date:
11/26/2024

Taxes
$39,678(2024)

Lot Size
0.26 acres

Type
Multifamily

Year Built
1969

Style
10+ Units

School District
Seattle

County
King County

Community
Northgate

Listed By

David W Petersen, Westlake Associates, Inc.

Bought with
Non Member Zdefault, Znonmember-Office-Mls

Source
Northwest MLS as distributed by MLS Grid
Last checked Sep 16 2026 at 9:35 AM PDT

Bathroom Details

Interior Features

Laminate Hardwood
Wall to Wall Carpet

Subdivision

Northgate

Property Features

Fireplace: 0
Foundation: Poured Concrete

Heating and Cooling

Baseboard

Flooring

Vinyl
Carpet
Laminate

Exterior Features

Brick
Cement/Concrete
Wood Products
Roof: Flat

Utility Information

Sewer: Sewer Connected
Fuel: Electric

Listing Price History

Date

Event

Price

% Change

$ (+/-)

Sep 04, 2024

Listed

$4,000,000

Additional Listing Info

Buyer Brokerage Compensation: 2

Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.

Disclaimer: IDX information is provided exclusively for consumers' personal, noncommercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS, if any, and as amended from time to time.

Based on information submitted to the MLS GRID as of 9/16/2026 02:35. 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.