608 W Emerson Street, Seattle, WA 98119 (MLS # 2409472)

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Listing provided courtesy of Northwest MLS; Northmarq Multifamily, LLC

PRICE $2,875,000
BEDS 0
BATHS 0
HOME SIZE n/a
LOT SIZE 8,800 sqft

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).

LAST UPDATED 7/17/2025 TRACT Queen Anne
YEAR BUILT 1975 COMMUNITY Queen Anne
COUNTY King STATUS Active
PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
AIR None
AREA 700 - Queen Anne/Magnolia
CONSTRUCTION Concrete, Stucco, Wood Siding
HEAT Baseboard, Electric
LOT 8799 sq ft
LOT DESCRIPTION Paved
MLS STATUS Active
STORIES 3
STYLE 56 - 10+ Units
SUBDIVISION Queen Anne
TAXES 21147
UTILITIES Sewer Connected
VIEW Yes
VIEW DESCRIPTION Canal
WATER Public
ZONING Multi-Family

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 7/17/25 11:11 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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