7311 Woodlawn Avenue NE -5871 Seattle WA 98115 MLS #NWM2483267

MLS #NWM2483267 image #0
Listing Provided Courtesy of Lotside
Rare 10-unit Green Lake investment opportunity located one block east of the lake in the heart of the Green Lake Urban Village. Two adjacent parcels (7311 & 7319 Woodlawn Ave NE) featuring 6 spacious 2-bedroom units and 4 one-bedroom units. All units include dishwashers and full-size washer/dryer. Several interiors updated with modern kitchens and baths. Buildings upgraded with double-pane windows and HardiePlank siding. Strong tenant demand, excellent walkability, and close proximity to parks, restaurants, retail, library, schools, and transit. Zoned LR3 RC (M1) with documented redevelopment potential (up to approx. 18,268 gross buildable SF per feasibility study), offering both solid in-place income and long-term upside. Exceptional opportunity in one of Seattle’s most desirable rental markets.
Current real estate data for Multi Family in Seattle as of Mar 05, 2026
155
Multi Family Listed
98
Avg DOM
440
Avg $ / SqFt
$2,225,463
Avg List Price

Property Details

Price:
$3,995,950
MLS #:
NWM2483267
Status:
Active
Beds:
16
Baths:
10
Type:
Multi Family
Subdivision:
Green Lake
Neighborhood:
705ballardgreenlake
Listed Date:
Mar 4, 2026
Finished Sq Ft:
7,742
Total Sq Ft:
7,742
Lot Size:
7,943 sqft / 0.18 acres (approx)
Year Built:
1955
Units:
10
Woodlawn Addition To Greenlake705 – Ballard/greenlake705ballardgreenlakeGreen LakeSeattleGreen LakeEckstein MidRoosevelt High

Schools

School District:
Seattle
Elementary School:
Green Lake
Middle School:
Eckstein Mid
High School:
Roosevelt High

Interior

Cooling
None
Flooring
Ceramic Tile, Hardwood, Laminate, Carpet
Heating
Baseboard, Wall Unit(s)

Exterior

Construction Materials
Brick, Cement, Wood
Exterior Features
Brick, Cement/Concrete, Wood
Roof
Composition
Security Features
Partially Fenced

Financial

Net Operating Income
$179,348
Tax Year
2025
Taxes
$27,416

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Property Summary

    Located in the Green Lake subdivision, 7311 Woodlawn Avenue NE -5871 Seattle WA is a Multi Family for sale in Seattle, WA, 98115. It is listed for $3,995,950 To schedule a showing of MLS#nwm2483267 at 7311 Woodlawn Avenue NE -5871 in Seattle, WA, contact your HomeSmart One Realty agent at 425-218-4178.

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7311 Woodlawn Avenue NE -5871
Seattle, WA