Sold

Listed by: Northmarq Multifamily, LLC

Bought with: Northmarq Multifamily, LLC

$2,850,000

608 W Emerson Street, Seattle, WA 98119

21beds

11baths

--sqft

Multi Family

Built in 1975

-- sqft lot

$2,811,200 Zestimate^®

$--/sqft

$3,157 Estimated rent

Home value

$2,811,200

$2.59M - $3.04M

$3,157/mo

Zestimate^® history

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$3,157/mo

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$3,157/mo

Rent Zestimate^®

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$17,129/mo

Est. payment

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$17,129/mo

Est. payment

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What's special

We are pleased to present the 608 W Emerson Apartments, located along W Emerson St in North Queen Anne, walking distance from Seattle Pacific University. All units were upgraded in 2016, including updated kitchens with new finishes and fully upgraded bathrooms with modern fixtures and motion sensor fans. The property is being listed 100% vacant, providing an excellent opportunity to renovate all 10 units with modern finishes and achieve higher rents. It includes a laundry facility, balconies with views, 14 uncovered parking spaces, mature landscaping, and storage space. The asset stabilizes to a 7.42% cap on cost and a 9.42% cash on cash return at $2.875M ($287,500/unit; $376/SF).

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 21
Bathrooms: 11

Heating

Baseboard, Electric

Cooling

None

Features

Flooring: Ceramic Tile, Laminate, Carpet
Windows: Thermal Windows
Has fireplace: No

Interior area

Total structure area: 0

Property

Parking

Total spaces: 14
Parking features: Open
Uncovered spaces: 14

Features

Has view: Yes
View description: Canal
Has water view: Yes
Water view: Canal

Lot

Size: 8,799 sqft
Features: Paved

Details

Parcel number: 7443000775
Zoning description: Multi-Family
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Cement/Concrete, Stucco, Wood Siding
Roof: Torch Down

Condition

Year built: 1975
Major remodel year: 2000

Utilities & green energy

Electric: Company: Seattle City Light
Sewer: Sewer Connected, Company: Seattle Public Utilities
Water: Public

Green energy

Energy efficient items: Thermal Windows

Community & neighborhood

Location

Region: Seattle
Subdivision: Queen Anne

Other

Other facts

Listing terms: Conventional
Cumulative days on market: 108 days

Price history

Date	Event	Price
12/12/2025	Sold	$2,850,000-0.9%
Source: NWMLS as distributed by MLS GRID #2409472 Report a problem
8/20/2025	Pending sale	$2,875,000
Source: NWMLS as distributed by MLS GRID #2409472 Report a problem
7/17/2025	Listed for sale	$2,875,000
Source: NWMLS as distributed by MLS GRID #2409472 Report a problem