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$1,800,000

  • Sold
  • Closed
  • Multi-Family

Listed by Lin Shen | Sea to Sky Realty | (425) 502-5901
Sold by Non Member ZDefault | ZNonMember-Office-MLS

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Rare Value-Add/Development opportunity in excellent east slope Queen Anne location, one block north of Highland Drive, with outstanding views of the city, Lake Union, and the Cascade Mountains. The property offers potential for interior/exterior upgrades that could lead to significant rental increases and improved returns. The zoning allows new development for about 20 500sf apartment units or 10 1,250sf townhouse units (Buyer to verify). Great flexibility to start the project promptly or hold with current leases.

Full Property Details for 1249 5th Ave N

General

  • Sold For: $1,800,000
  • Taxes: $17,206 (2022)
  • Status: Closed
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2056157
  • Added to Site: 1, 003 day(s) ago

Parking

  • Covered Spaces: 5

Location

  • Area: 700 - Queen Anne/Magnolia
  • County: King
  • Subdivision: Queen Anne
  • Driving Directions: GPS is accurate.

School Information

  • High School District: Seattle

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Radiant

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Multi Family
  • Exterior Const.: Brick, Stucco, Wood
  • Roof: Composition, Flat, Shake
  • Stories in Building: 2
  • Square Feet: 4,762
  • Year Built: 1912
  • Property Condition: Fair

Unit Information

  • Units in Building: 5

Lot Features

  • Property View: City, Lake, Mountain(s)
  • Lot Size (Acres): 0.1648
  • Lot Size (Sq. Ft.): 7,177
  • Lot Size Source: KCR
  • Lot Features: Dead End Street, Value In Land
  • Zoning: Multi-Family

Financial Considerations

  • Tax Amount: $17,206
  • Tax Year: 2022
  • Terms: Cash Out, Conventional, FHA

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 6889900276

Listed by Lin Shen | Sea to Sky Realty | (425) 502-5901
Sold by Non Member ZDefault | ZNonMember-Office-MLS

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NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 1249 5th Ave N

School District:Seattle School District
NameGradesDistance
Hay Elementary School
201 Garfield Street, Seattle, WA 98109
PK-50.3 mi
Mcclure Middle School
1915 1st Avenue West, Seattle, WA 98119
6-80.6 mi
Lincoln High School, Seattle, WA
4400 Interlake Avenue North, Seattle, WA 98103
9-122 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1249 5th Ave N

Date
Details
Price
Change
Source
7/21/2025
Sold
$1,800,000
-14.29%
MLS
4/20/2023
Listed
$2,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Lin Shen | Sea to Sky Realty | (425) 502-5901
Sold by Non Member ZDefault | ZNonMember-Office-MLS

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1249 5th Avenue N, Seattle, WA 98109 (MLS# 2056157) is a Multi-Family property that was sold at $1,800,000 on July 21, 2025. Want to learn more about 1249 5th Avenue N? Do you have questions about finding other Multi-Family real estate for sale in East Queen Anne? You can browse all East Queen Anne real estate or contact a Coldwell Banker agent to request more information.