U Studios offers a rare investment opportunity in Seattle’s highly desirable U-District, just blocks from the University of Washington, The Ave retail corridor, and the U District light rail station, providing tenants exceptional access to campus, jobs, dining, and entertainment. The property features high-end unit finishes and modern building systems, including an innovative solar thermal energy system that delivers highly efficient heating and hot water. With strong in-place operations generating immediate, reliable cash flow, U Studios presents an ideal 1031 exchange opportunity in a location where few properties match its combination of quality, scale, and performance.
Sold
Listed by: Kidder Mathews
Bought with: WeLakeside
$3,000,000
4046 8th Avenue NE, Seattle, WA 98105
--beds
1baths
--sqft
Multi Family
Built in 2018
-- sqft lot
$-- Zestimate®
$--/sqft
$2,420 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,420/mo
Zestimate® history
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$18,031/mo
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High-end unit finishes
Zillow last checked:
Listing updated:
Listed by:
Max Frame,
Kidder Mathews
Bought with:
Raghu Kethineni, 105715
WeLakeside
Source: NWMLS as distributed by MLS GRID,MLS#: 2498571
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 1
Heating
- Radiant, Solar PV
Cooling
- Has cooling: Yes
Features
- Flooring: Laminate
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Features
- Has view: Yes
- View description: City
Lot
- Size: 4,155 sqft
- Dimensions: 4,156
- Features: Curbs
Details
- Parcel number: 4092301585
- Zoning description: Multi-Family,Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 10+ Units
- Property subtype: Multi Family
Materials
- Metal/Vinyl
- Foundation: Poured Concrete
- Roof: Flat
Condition
- Very Good
- Year built: 2018
- Major remodel year: 2018
Utilities & green energy
- Electric: Company: Seattle Light
- Sewer: Sewer Connected, Company: PSE
- Water: Company: PSE
Green energy
- Energy generation: Solar
Community & neighborhood
Location
- Region: Seattle
- Subdivision: University District
Other
Other facts
- Listing terms: Conventional
- Cumulative days on market: 90 days
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2026 | Sold | $3,000,000-6.3% |
Source:  NWMLS as distributed by MLS GRID #2498571 Report a problem | ||
| 5/9/2026 | Listing removed | $995 |
Source: Zillow Rentals Report a problem | ||
| 4/20/2026 | Listed for rent | $995-9.1% |
Source: Zillow Rentals Report a problem | ||
| 3/27/2026 | Listed for sale | $3,200,000+900% |
Source: NWMLS as distributed by MLS GRID #2498571 Report a problem | ||
| 10/10/2025 | Listing removed | $1,095 |
Source: Zillow Rentals Report a problem | ||
| 9/22/2025 | Price change | $1,095-8.4% |
Source: Zillow Rentals Report a problem | ||
| 9/13/2025 | Price change | $1,195+9.1% |
Source: Zillow Rentals Report a problem | ||
| 8/28/2025 | Price change | $1,095-8.4% |
Source: Zillow Rentals Report a problem | ||
| 8/14/2025 | Price change | $1,195-7.7% |
Source: Zillow Rentals Report a problem | ||
| 7/15/2025 | Price change | $1,295+18.3% |
Source: Zillow Rentals Report a problem | ||
| 7/11/2025 | Listed for rent | $1,095 |
Source: Zillow Rentals Report a problem | ||
| 6/27/2025 | Listing removed | $1,095 |
Source: Zillow Rentals Report a problem | ||
| 6/11/2025 | Price change | $1,095+10.1% |
Source: Zillow Rentals Report a problem | ||
| 2/28/2025 | Price change | $995-9.1% |
Source: Zillow Rentals Report a problem | ||
| 9/20/2024 | Price change | $1,095-4.8% |
Source: Zillow Rentals Report a problem | ||
| 8/12/2024 | Price change | $1,150-8% |
Source: Zillow Rentals Report a problem | ||
| 7/4/2024 | Listed for rent | $1,250+8.7% |
Source: Zillow Rentals Report a problem | ||
| 5/13/2019 | Listing removed | $1,150 |
Source: Zillow Rental Network Report a problem | ||
| 5/3/2019 | Listed for rent | $1,150+44.7% |
Source: Zillow Rental Network Report a problem | ||
| 4/8/2014 | Listing removed | $795 |
Source: Zillow Rental Network Report a problem | ||
| 1/25/2014 | Listed for rent | $795+22.3% |
Source: Zillow Rental Network Report a problem | ||
| 10/25/2013 | Listing removed | $650 |
Source: Zillow Rental Network Report a problem | ||
| 10/9/2013 | Listed for rent | $650 |
Source: Zillow Rental Network Report a problem | ||
| 6/28/2013 | Listing removed | $650 |
Source: Zillow Rental Network Report a problem | ||
| 6/20/2013 | Listed for rent | $650 |
Source: Zillow Rental Network Report a problem | ||
| 7/13/2011 | Sold | $320,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $46,400 +5.4% | $4,600,000 -2.2% |
| 2024 | $44,030 -5.3% | $4,704,000 -7% |
| 2023 | $46,487 +7.8% | $5,056,000 -3.3% |
| 2022 | $43,104 +2.9% | $5,226,000 +11.9% |
| 2021 | $41,879 -8.9% | $4,671,000 -4.2% |
| 2020 | $45,988 -6.1% | $4,875,000 -7% |
| 2019 | $48,954 +71.4% | $5,244,000 +54.9% |
| 2018 | $28,562 +281.2% | $3,385,400 +361.6% |
| 2017 | $7,493 +26.9% | $733,400 +4.4% |
| 2016 | $5,905 | $702,300 +4.4% |
| 2015 | $5,905 | $672,600 +12.6% |
| 2014 | $5,905 | $597,200 +3.3% |
| 2013 | $5,905 | $577,900 -6.1% |
| 2012 | -- | $615,700 -3.3% |
| 2011 | -- | $637,000 +0.1% |
| 2010 | -- | $636,300 |
| 2009 | -- | $636,300 +45.4% |
| 2007 | -- | $437,700 -2.6% |
| 2006 | -- | $449,200 +3.7% |
| 2005 | -- | $433,200 +12.5% |
| 2001 | $4,513 +40.7% | $385,000 +49.7% |
| 2000 | $3,208 | $257,200 |
Find assessor info on the county website
Neighborhood: University District
Nearby schools
GreatSchools rating
- 9/10John Stanford International Elementary SchoolGrades: K-5Distance: 0.2 mi
- 8/10Hamilton International Middle SchoolGrades: 6-8Distance: 0.9 mi
- 10/10Lincoln High SchoolGrades: 9-12Distance: 1 mi
- Washington
- King County
- Seattle
- 98105
- University District
- 4046 8th Avenue NE
Nearby cities
Nearby neighborhoods
Nearby zip codes
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