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$6,315,000

  • Sold
  • Closed
  • Multi-Family
  • 37 Car Garage
  • Updated 2 days ago

Listed by Erich Bubbel | Compass | (425) 637-7777
Sold by Unrepresentd ZDefault | ZNonMember-Office-MLS

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Vista Point Apartments, a well-maintained 30-unit multifamily property located in Seattle's desirable Roosevelt neighborhood. Built in 1990, the property features 19 two-bedroom, two-bath units (~844 SF) and 11 one-bedroom, one-bath units (~599 SF), all with in-unit washer and dryers. The building offers secure access entry, gated parking with 37 on-site spaces, copper plumbing throughout, a new roof installed in 2023, and a brand new elevator completed in 2024. Current rents reach up to $1,500 for one-bedroom units and $2,000 for two-bedroom units, with a current cap rate of approximately 5.33% and significant upside through a renovation projected to achieve ~$1,995 and ~$2,600 respectively, resulting in a projected Renovated Cap Rate of approximately 9.30%. Additional income potential includes $60/month parking and utility bill-back (W/S/G), making this a compelling value-add opportunity with strong in-place fundamentals and long-term upside.

Full Property Details for 8320 Lake City Way NE

General

  • Sold For: $6,315,000
  • Taxes: $70,743 (2026)
  • Status: Closed
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2507446
  • Added to Site: 124 day(s) ago

Interior

  • Flooring: Vinyl Plank, Carpet

Additional Information

  • Amenities: Deck, Gated Entry, Patio, Sprinkler System
  • Security/Safety: Security Gate

Parking

  • Garage Spaces: 37

Location

  • Area: 710 - North Seattle
  • County: King
  • Subdivision: Roosevelt
  • Driving Directions: GPS

School Information

  • High School District: Roosevelt
  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify

Heating & Cooling

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

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Multi Family
  • Exterior Const.: Wood Products
  • Foundation: See Remarks
  • Roof: See Remarks
  • Stories in Building: 4
  • Square Feet: 25,427
  • Year Built: 1990
  • Property Condition: Very Good

Unit Information

  • Units in Building: 30

Lot Features

  • Property View: See Remarks
  • Lot Size (Acres): 0.3386
  • Lot Size (Sq. Ft.): 14,748
  • Lot Size Source: Public
  • Lot Dimensions: 14748
  • Lot Features: Corner Lot
  • Zoning: Multi-Family

Financial Considerations

  • Tax Amount: $70,743
  • Tax Year: 2026
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 425049013

Listed by Erich Bubbel | Compass | (425) 637-7777
Sold by Unrepresentd ZDefault | ZNonMember-Office-MLS

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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 8320 Lake City Way NE

School District:Seattle School District
NameGradesDistance
Wedgwood Elementary School
2720 Northeast 85th Street, Seattle, WA 98115
K-50.5 mi
Thornton Creek Elementary School
7712 40th Avenue Northeast, Seattle, WA 98115
PK-51.2 mi
Eckstein Middle School
3003 Northeast 75th Street, Seattle, WA 98115
6-80.8 mi
Roosevelt High School, Seattle, WA
1410 Northeast 66th Street, Seattle, WA 98115
9-120.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 8320 Lake City Way NE

Date
Details
Price
Change
Source
8/14/2026
Sold
$6,315,000
-8.35%
MLS
4/15/2026
Listed
$6,890,000
—
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 Erich Bubbel | Compass | (425) 637-7777
Sold by Unrepresentd ZDefault | ZNonMember-Office-MLS

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8320 Lake City Way NE, Seattle, WA 98115 (MLS# 2507446) is a Multi-Family property that was sold at $6,315,000 on August 14, 2026. Want to learn more about 8320 Lake City Way 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.