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$2,750,000

  • Sold
  • Closed
  • Multi-Family

Listed by TC Wu | WPI Real Estate Services, Inc. | (206) 522-8172
Sold by Hao N. Dang | Windermere Real Estate/East

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Exceptional 10-unit townhome-style apartment building in a high-demand location - directly across from Seattle University & Swedish Hospital. 5 two-bed and 5 one-bed two-story units with a total of 11 parking spaces. Prime 7,675 SF corner lot with abundant natural light, upgraded double-pane windows, and fire sprinkler system. Walk Score 94-just steps to restaurants, transit, grocery, and light rail. Zoned LR3(M) with potential for additional units (buyer to verify). Significant income upside through utility billbacks, parking fees, and bringing under-market rents current. Current cap @3.95% and market cap @5.29%.

Full Property Details for 1402 E Cherry St

General

  • Sold For: $2,750,000
  • Taxes: (2025)
  • Status: Closed
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2397715
  • Added to Site: 252 day(s) ago

Additional Information

  • Amenities: Sprinkler System

Parking

  • Carport Spaces: 9
  • Uncovered Spaces: 3

Location

  • Area: 390 - Central Seattle
  • County: King
  • Subdivision: First Hill
  • Driving Directions: Take I-5 S, exit 167 for James St, L on 14th Ave, R on E Cherry to 1402 E Cherry St Seattle

School Information

  • High School District: Seattle

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard, Forced Air

Utilities

  • Sewer: Sewer Connected

Structural Information

  • Structure Type: Multi Family
  • Exterior Const.: Stucco, Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • Stories in Building: 3
  • Square Feet: 9,680
  • Year Built: 1981

Unit Information

  • Units in Building: 10

Lot Features

  • Lot Size (Acres): 0.1762
  • Lot Size (Sq. Ft.): 7,675
  • Lot Size Source: KCR
  • Lot Features: Corner Lot, Curbs, Sidewalk

Financial Considerations

  • Tax Year: 2025
  • Terms: Cash Out

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 8733500005

Listed by TC Wu | WPI Real Estate Services, Inc. | (206) 522-8172
Sold by Hao N. Dang | Windermere Real Estate/East

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 1402 E Cherry St

School District:Seattle School District
NameGradesDistance
Madrona Elementary School, Seattle, WA
1121 33rd Avenue, Seattle, WA 98122
PK-51.1 mi
Edmonds S. Meany Middle School
301 21st Avenue East, Seattle, WA 98112
6-81 mi
Garfield High School
400 23rd Avenue, Seattle, WA 98122
9-120.6 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 1402 E Cherry St

Date
Details
Price
Change
Source
9/16/2025
Sold
$2,750,000
-4.51%
MLS
6/24/2025
Listed
$2,880,000
—
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 TC Wu | WPI Real Estate Services, Inc. | (206) 522-8172
Sold by Hao N. Dang | Windermere Real Estate/East

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Price Reduced near 1402 E Cherry St

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1402 E Cherry Street, Seattle, WA 98122 (MLS# 2397715) is a Multi-Family property that was sold at $2,750,000 on September 16, 2025. Want to learn more about 1402 E Cherry Street? Do you have questions about finding other Multi-Family real estate for sale in Seattle? You can browse all Seattle real estate or contact a Coldwell Banker agent to request more information.