Maplewood offers a 24-unit value-add apartment building located in the highly sought-after University District of Seattle.Offered for sale at $8.9 million, this property is on the market for the first time and presents a unique chance to acquire a legacy asset that has been meticulously maintained by the same family since 1985.Maplewood features large units in exceptional condition, providing ample potential for value-add renovations.After light renovations, rental rates can increase by 20% or more, making this property an attractive prospect for savvy investors. Located steps away from the prestigious University of Washington-ranked #2 in the U.S.Maplewood is just minutes away from an abundance amenities, and a regional light rail station.
Sold
Zillow last checked:
Listing updated:
Offers reviewed: May 30
Bought with:
Max Frame, 130533
Kidder Mathews
Source: NWMLS as distributed by MLS GRID,MLS#: 2236772
Price history
| Date | Event | Price |
|---|---|---|
| 8/22/2024 | Sold | $8,140,000-8.5%$395/sqft |
Source:  NWMLS as distributed by MLS GRID #2236772 Report a problem | ||
| 6/25/2024 | Pending sale | $8,900,000$432/sqft |
Source: NWMLS as distributed by MLS GRID #2236772 Report a problem | ||
| 5/13/2024 | Listed for sale | $8,900,000$432/sqft |
Source: NWMLS as distributed by MLS GRID #2236772 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 9/6/2019 | Listing removed | $1,200 |
Source: Owner Report a problem | ||
| 8/17/2019 | Price change | $1,200-7.7% |
Source: Owner Report a problem | ||
| 6/18/2019 | Listed for rent | $1,300+2% |
Source: Owner Report a problem | ||
| 7/17/2018 | Listing removed | $1,275 |
Source: Owner Report a problem | ||
| 5/16/2018 | Price change | $1,275-24.6% |
Source: Owner Report a problem | ||
| 2/22/2018 | Listed for rent | $1,690-32.1% |
Source: Owner Report a problem | ||
| 8/9/2017 | Listing removed | $2,490 |
Source: Owner Report a problem | ||
| 7/27/2017 | Price change | $2,490-3.5% |
Source: Owner Report a problem | ||
| 6/19/2017 | Listed for rent | $2,580+53.6% |
Source: Owner Report a problem | ||
| 6/8/2016 | Listing removed | $1,680-26.3% |
Source: Owner Report a problem | ||
| 3/11/2016 | Price change | $2,280+11.8% |
Source: Owner Report a problem | ||
| 2/19/2016 | Price change | $2,040+4.6% |
Source: Owner Report a problem | ||
| 1/19/2016 | Price change | $1,950-2% |
Source: Owner Report a problem | ||
| 9/25/2015 | Price change | $1,990-3.4% |
Source: Owner Report a problem | ||
| 8/22/2015 | Price change | $2,060-9.6% |
Source: Owner Report a problem | ||
| 8/5/2015 | Price change | $2,280+5.6% |
Source: Owner Report a problem | ||
| 7/12/2015 | Price change | $2,160-7.7% |
Source: Owner Report a problem | ||
| 6/28/2015 | Price change | $2,340+8.3% |
Source: Owner Report a problem | ||
| 6/17/2015 | Listed for rent | $2,160+8% |
Source: Owner Report a problem | ||
| 10/20/2014 | Listing removed | $2,000 |
Source: Owner Report a problem | ||
| 7/27/2014 | Listed for rent | $2,000 |
Source: Maplewood Apartments Report a problem | ||
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Estimated market value
$5,802,900
