Rare Value-Add/Development opportunity in excellent east slope Queen Anne location, one block north of Highland Drive, with outstanding views of the city, Lake Union, and the Cascade Mountains. The property offers potential for interior/exterior upgrades that could lead to significant rental increases and improved returns. The zoning allows new development for about 20 500sf apartment units or 10 1,250sf townhouse units (Buyer to verify). Great flexibility to start the project promptly or hold with current leases.
Sold
Listed by: Sea to Sky Realty
Bought with: ZNonMember-Office-MLS
$1,800,000
1249 5th Avenue N, Seattle, WA 98109
--beds
--baths
4,762sqft
Multi Family
Built in 1912
-- sqft lot
$1,739,800 Zestimate®
$378/sqft
$2,831 Estimated rent
Home value
$1,739,800
$1.60M - $1.90M
$2,831/mo
Zestimate® history
Owner options
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$2,831/mo
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$2,831/mo
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$10,869/mo
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$10,869/mo
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Zillow last checked:
Listing updated:
Listed by:
Lin Shen,
Sea to Sky Realty
Bought with:
Non Member ZDefault
ZNonMember-Office-MLS
Source: NWMLS as distributed by MLS GRID,MLS#: 2056157
Facts & features
Interior
Heating
- Radiant, Natural Gas
Cooling
- None
Features
- Has fireplace: No
Interior area
- Total structure area: 4,762
- Total interior livable area: 4,762 sqft
Property
Parking
- Total spaces: 5
- Covered spaces: 5
Features
- Has view: Yes
- View description: City, Lake
- Has water view: Yes
- Water view: Lake
Lot
- Size: 7,178 sqft
- Features: Dead End Street, Value In Land
Details
- Parcel number: 6889900276
- Zoning description: Multi-Family,Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Stucco, Wood Siding
- Roof: Composition,Flat
Condition
- Fair
- Year built: 1912
- Major remodel year: 1985
Utilities & green energy
- Sewer: Sewer Connected
- Water: Public
Community & neighborhood
Location
- Region: Seattle
- Subdivision: Queen Anne
Other
Other facts
- Listing terms: Conventional,FHA
- Cumulative days on market: 594 days
Price history
| Date | Event | Price |
|---|---|---|
| 4/2/2026 | Listing removed | $2,600$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/17/2026 | Price change | $2,600-13.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/5/2026 | Listed for rent | $3,000+101.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/21/2025 | Sold | $1,800,000-14.3%$378/sqft |
Source:  NWMLS as distributed by MLS GRID #2056157 Report a problem | ||
| 5/21/2025 | Pending sale | $2,100,000$441/sqft |
Source: NWMLS as distributed by MLS GRID #2056157 Report a problem | ||
| 11/13/2024 | Listed for sale | $2,100,000+2.4%$441/sqft |
Source: NWMLS as distributed by MLS GRID #2056157 Report a problem | ||
| 3/4/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 6/16/2020 | Listing removed | $1,490 |
Source: Owner Report a problem | ||
| 6/11/2020 | Price change | $1,490-3.9% |
Source: Owner Report a problem | ||
| 6/9/2020 | Listed for rent | $1,550-2.5% |
Source: Owner Report a problem | ||
| 7/23/2019 | Listing removed | $1,590 |
Source: Owner Report a problem | ||
| 7/12/2019 | Listed for rent | $1,590 |
Source: Owner Report a problem | ||
| 4/2/2018 | Listing removed | $2,050,000$430/sqft |
Source: RE/MAX Northwest Realtors #1240587 Report a problem | ||
| 4/2/2018 | Listed for sale | $2,050,000+2.5%$430/sqft |
Source: RE/MAX Northwest Realtors #1240587 Report a problem | ||
| 3/30/2018 | Sold | $2,000,000-2.4%$420/sqft |
Source: NWMLS as distributed by MLS GRID #1240587 Report a problem | ||
| 2/10/2018 | Pending sale | $2,050,000$430/sqft |
Source: RE/MAX Northwest Realtors #1240587 Report a problem | ||
| 2/2/2018 | Price change | $2,050,000-4.7%$430/sqft |
Source: RE/MAX Northwest Realtors #1240587 Report a problem | ||
| 12/20/2017 | Listed for sale | $2,150,000$451/sqft |
Source: RE/MAX Northwest Realtors #1159707 Report a problem | ||
| 12/4/2017 | Pending sale | $2,150,000$451/sqft |
Source: RE/MAX Northwest Realtors #1159707 Report a problem | ||
| 11/28/2017 | Price change | $2,150,000-6.5%$451/sqft |
Source: RE/MAX Northwest Realtors #1159707 Report a problem | ||
| 11/9/2017 | Pending sale | $2,300,000$483/sqft |
Source: RE/MAX Northwest Realtors #1159707 Report a problem | ||
| 7/24/2017 | Listed for sale | $2,300,000+2.2%$483/sqft |
Source: RE/MAX Northwest Realtors #1159707 Report a problem | ||
| 3/16/2016 | Listing removed | $2,250,000$472/sqft |
Source: RE/MAX NORTHWEST REALTORS #870811 Report a problem | ||
| 12/30/2015 | Listed for sale | $2,250,000+138.1%$472/sqft |
Source: RE/MAX NORTHWEST REALTORS #870811 Report a problem | ||
| 5/9/2013 | Sold | $945,000$198/sqft |
Source: NWMLS as distributed by MLS GRID #430140 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: East Queen Anne
Nearby schools
GreatSchools rating
- 6/10Hay Elementary SchoolGrades: K-5Distance: 0.2 mi
- 8/10McClure Middle SchoolGrades: 6-8Distance: 0.6 mi
- 7/10The Center SchoolGrades: 9-12Distance: 0.7 mi
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Estimated market value
$1,739,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,739,800
- Washington
- King County
- Seattle
- 98109
- East Queen Anne
- 1249 5th Avenue N
Nearby cities
Nearby neighborhoods
Nearby zip codes
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