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Multifamily

710 NE 43rd St, Seattle, WA

710 NE 43rd St, Seattle, WA 98105

Listing Price: $1,200,000

Cap Rate
3.34%
Number of Units
4
GRM
18.25
Occupancy
95.0%
Price/Unit
$300,000
Price/Gross SF
$634.92
Gross SF
1,890

Investment Overview

710 NE 43rd Street is a multifamily investment opportunity situated on a 5,000 square foot Mid Rise (MR M1) zoned lot in Seattle's University District. The property offers a diverse unit mix of one- and two-bedroom homes averaging 473 square feet, along with 6 off-street parking spaces. Its location within walking distance of the University of Washington and the U District Link Light Rail station provides residents with outstanding connectivity, reflected by a Walk Score of 93, Bike Score of 83, and Transit Score of 82.

Investors will also find a rare opportunity to acquire immediate portfolio scale: a 4-plex at 709 NE 43rd Street, directly across the street, is available for purchase simultaneously, offering two well-located assets on the same block. The MR M1 zoning provides meaningful long-term development upside in one of Seattle's most supply-constrained and demand-driven submarkets.

Investment Highlights

  • Diverse unit mix of one-, and two-bedroom homes averaging 473 square feet
  • 5,000 square foot lot of Mid Rise (MR M1) zoning within walking distance of the University of Washington
  • 6 Off street parking spaces available
  • Walkers Paradise: 93 walk Score, 83 Bike Score, 82 Transit Score
  • Additional 4 Plex also available for purchase across the street (709 NE 43rd St) offer investors immediate scale

Exclusively Listed By

Multifamily

710 NE 43rd St, Seattle, WA

Listing Price: $1,200,000

Cap Rate
3.34%
Number of Units
4
GRM
18.25
Occupancy
95.0%
Price/Unit
$300,000
Price/Gross SF
$634.92
Gross SF
1,890

Investment Highlights

  • Diverse unit mix of one-, and two-bedroom homes averaging 473 square feet
  • 5,000 square foot lot of Mid Rise (MR M1) zoning within walking distance of the University of Washington
  • 6 Off street parking spaces available
  • Walkers Paradise: 93 walk Score, 83 Bike Score, 82 Transit Score
  • Additional 4 Plex also available for purchase across the street (709 NE 43rd St) offer investors immediate scale

Investment Overview

710 NE 43rd Street is a multifamily investment opportunity situated on a 5,000 square foot Mid Rise (MR M1) zoned lot in Seattle's University District. The property offers a diverse unit mix of one- and two-bedroom homes averaging 473 square feet, along with 6 off-street parking spaces. Its location within walking distance of the University of Washington and the U District Link Light Rail station provides residents with outstanding connectivity, reflected by a Walk Score of 93, Bike Score of 83, and Transit Score of 82. Investors will also find a rare opportunity to acquire immediate portfolio scale: a 4-plex at 709 NE 43rd Street, directly across the street, is available for purchase simultaneously, offering two well-located assets on the same block. The MR M1 zoning provides meaningful long-term development upside in one of Seattle's most supply-constrained and demand-driven submarkets.

Exclusively Listed By

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