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$1,500,000
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Property Description
Incredible development opportunity in the heart of Green Lake! This level lot is zoned LR3 and is in the final stage of permitting. Future 17 unit building offering studio, one and two bedrooms has strong cap rate potential. Current home can provide rental income through start of construction. Fantastic location just steps from Green Lake Park, an outdoor enthusiast's playground with swimming, fishing, paddle boats, biking, pickleball, wading pool and more. Enjoy a variety dining options with everything from neighborhood coffee shops to fine cuisine. Excellent commuter options nearby with quick, easy access to downtown.
Full Property Details
Full Property Details for 6565 5th Ave NE
General
- Sold For: $1,500,000
- Taxes: $11,172 (2024)
- Status: Closed
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2310337
- Added to Site: 430 day(s) ago
Interior
- Flooring: Hardwood, Vinyl, Carpet
Additional Information
- Amenities: Gas Available
Location
- Area: 705 - Ballard/Greenlake
- County: King
- Subdivision: Green Lake
- Driving Directions: From I-5 N: Exit 170 for Ravenna Blvd toward NE 65th St. Slight left onto Ravenna Blvd, Slight left onto NE 65th St, Right onto 5th Ave NE. Home is on the left.
School Information
- High School District: Seattle
- Elementary School: Green Lake
- Middle School: Eckstein Mid
- High School: Roosevelt High
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air, Heat Pump
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: Multi Family
- Exterior Const.: Wood
- Foundation: Poured Concrete
- Roof: Composition
- Stories in Building: 1
- Square Feet: 3,020
- Year Built: 1921
- Property Condition: Fair
Unit Information
- Units in Building: 1
Lot Features
- Lot Size (Acres): 0.1033
- Lot Size (Sq. Ft.): 4,500
- Lot Size Source: King County
- Lot Features: Curbs, Paved, Sidewalk, Value In Land
- Zoning: Multi-Family, Residential
Financial Considerations
- Tax Amount: $11,172
- Tax Year: 2024
- Terms: Cash Out, Conventional
Disclosures and Reports
- Special Conditions: None
- Property ID: 9528104280
Listed by Sheri A. Putzke | Windermere Real Estate/East | (425) 822-5100
Sold by Non Member ZDefault | ZNonMember-Office-MLS
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Schools
Schools serving 6565 5th Ave NE
School District:Seattle School District
| Name | Grades | Distance |
|---|---|---|
Green Lake Elementary School 2400 North 65th Street, Seattle, WA 98103 | PK-5 | 0.2 mi |
Eckstein Middle School 3003 Northeast 75th Street, Seattle, WA 98115 | 6-8 | 1.5 mi |
Roosevelt High School, Seattle, WA 1410 Northeast 66th Street, Seattle, WA 98115 | 9-12 | 0.5 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 6565 5th Ave NE
Date
Details
Price
Change
Source
12/16/2025
Sold
$1,500,000
7.14%
MLS
11/12/2024
Listed
$1,399,990
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
6565 5th Avenue NE, Seattle, WA 98115 (MLS# 2310337) is a Multi-Family property that was sold at $1,500,000 on December 16, 2025. Want to learn more about 6565 5th Avenue NE? 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.

