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  • Listed by: Northmarq Multifamily, LLC • Steven Fischer
    $1,975,000

    6512 Phinney Avenue N, Seattle, WA 98103

    7beds
    7baths
    6,467sqft
    : 
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    Multi Family
    Built in 1950
    -- sqft lot
    $1,837,600 Zestimate®
    $305/sqft
    $-- HOA

    What's special

    We are pleased to present Bella Marie, a fully occupied six-unit multifamily property with ground-floor retail located in Phinney Ridge, one of Seattle’s most desirable residential neighborhoods. The property consists of two buildings. The main building, constructed in 1950, houses three one-bedroom apartments, a two-story three-bedroom/two-bath penthouse residence with a private rooftop deck overlooking Green Lake, and ground-floor retail along Phinney Ave. A detached one-bedroom townhome, built in 2004, is positioned above three covered parking spaces, providing added privacy and a distinct rental experience. The main building has been fully rewired with newer electrical panels, and all windows have been updated to double-pane vinyl throughout. Offered at a 5.95% in-place capitalization rate with additional upside to market rents, the asset combines stabilized cash flow with an irreplaceable Phinney Ridge location — convenient to Downtown Seattle, South Lake Union, Fremont, and Green Lake, with strong neighborhood walkability and proximity to Woodland Park Zoo.
    60 days
    |
    311
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Steven Fischer,

    Northmarq Multifamily, LLC,

    Taylor Wyman,

    Northmarq Multifamily, LLC

    Source: NWMLS as distributed by MLS GRID,MLS#: 2520299MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 7
      Heating
      • Baseboard, Forced Air, Electric
      Cooling
      • None
      Features
      • Flooring: Hardwood
      • Has fireplace: No
      Interior area
      • Total structure area: 6,467
      • Total interior livable area: 6,467 sqft

      Property

      Parking
      • Total spaces: 4
      • Covered spaces: 3
      • Uncovered spaces: 1
      Features
      • Has view: Yes
      • View description: City, Lake
      • Has water view: Yes
      • Water view: Lake
      Lot
      • Size: 3,415 Square Feet
      Details
      • Parcel number: 6758700025
      • Zoning description: Multi-Family,Jurisdiction: City
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: 5-9 Units
      • Property subtype: Multi Family
      Materials
      • Brick, Metal/Vinyl, Wood Siding
      • Foundation: Slab
      • Roof: Composition
      Condition
      • Good
      • Year built: 1950
      • Major remodel year: 1950

      Utilities & green energy

      • Sewer: Sewer Connected, Company: Seattle Public Utilities
      • Water: Company: Seattle Public Utilities

      Community & HOA

      Community
      • Subdivision: Phinney Ridge
      Location
      • Region: Seattle

      Financial & listing details

      • Price per square foot: $305/sqft
      • Tax assessed value: $1,724,000
      • Annual tax amount: $17,895
      • Date on market: 5/7/2026
      • Cumulative days on market: 61 days
      • Listing terms: Conventional

        Estimated market value

        $1,837,600

        $1.75M - $1.93M

        $2,160/mo

        Price history

        DateEventPrice
        5/7/2026Listed for sale$1,975,000+48.9%$305/sqft
        Source: NWMLS as distributed by MLS GRID #2520299 Report a problem
        6/24/2025Listing removed$2,295
        Source: Zillow Rentals Report a problem
        5/13/2025Price change$2,295-4.2%
        Source: Zillow Rentals Report a problem
        2/11/2025Listed for rent$2,395-4%
        Source: Zillow Rentals Report a problem
        12/20/2024Listing removed$2,495-7.4%
        Source: Zillow Rentals Report a problem
        12/5/2024Listed for rent$2,695+34.8%
        Source: Zillow Rentals Report a problem
        11/16/2020Listing removed$2,000
        Source: Zillow Rental Manager Report a problem
        10/13/2020Listed for rent$2,000
        Source: Zillow Rental Manager Report a problem
        9/3/2020Listing removed$2,000
        Source: Zillow Rental Manager Report a problem
        8/4/2020Listed for rent$2,000
        Source: Zillow Rental Manager Report a problem
        7/18/2014Sold$1,326,000+185.2%$205/sqft
        Source: NWMLS as distributed by MLS GRID #635403 Report a problem
        11/1/2001Sold$465,000$72/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$17,895 +11.7%$1,724,000 +3.9%
        2024$16,019 -2.2%$1,660,000 -4.2%
        2023$16,382 +8%$1,732,000 -3.1%
        2022$15,169 -10.6%$1,787,000 -3.5%
        2021$16,968 -6%$1,851,000 -1.3%
        2020$18,041 -1.9%$1,875,000 -3%
        2019$18,385 +28.9%$1,933,000 +16.4%
        2018$14,265 -8.9%$1,661,000 +4.5%
        2017$15,667 +88.4%$1,589,000 +12.2%
        2016$8,314 $1,416,000 +40.6%
        2015$8,314 $1,007,000 +17.4%
        2014$8,314 $858,000 -1.6%
        2013$8,314 $872,000 +9%
        2012-- $800,000 +13%
        2011-- $708,000 -3.9%
        2010-- $737,000
        2009-- $737,000 +34.7%
        2007-- $547,000 +22.4%
        2006-- $447,000
        2005-- $447,000 +60.2%
        2001$3,262 +13%$279,000 +19.7%
        2000$2,888 $233,100

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Phinney Ridge

        Getting around

        89 / 100
        Very Walkable
        45 / 100
        Some Transit
        79 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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