9200 Densmore Avenue N -3517 Seattle WA 98103 MLS #NWM2492985

MLS #NWM2492985 image #0
Listing Provided Courtesy of Lotside
Rare opportunity to acquire Blanchet Heights, a 6-unit townhome-style multifamily property just north of Green Lake. Built in 1963, the property consists of two well-maintained triplex buildings, each offering two 3-bedroom / 2-bath units and one 4-bedroom / 2-bath unit. Spacious units averaging approx. 1,450 SF feature fireplaces, rec rooms, and full-size in-unit washer/dryers. The property is 100% tenant occupied and benefits from strong demand for large rental units in this desirable North Seattle location. Legally established as a condominium with six individual tax parcels, Blanchet Heights offers investors multiple strategies: continue operating as a stable 6-unit multifamily asset or explore potential future individual unit sales, or future redevelopment potential (buyer to verify). Ideally located near North Seattle College, Northgate Station light rail, Northgate Mall redevelopment, and major transit corridors, providing convenient access to employment centers, retail, and transit. 6.2% CAP RATE
Current real estate data for Multi Family in Seattle as of Mar 19, 2026
157
Multi Family Listed
93
Avg DOM
445
Avg $ / SqFt
$2,216,012
Avg List Price

Property Details

Price:
$2,699,950
MLS #:
NWM2492985
Status:
Active
Beds:
20
Baths:
12
Type:
Multi Family
Subdivision:
Licton Springs
Neighborhood:
705ballardgreenlake
Listed Date:
Mar 17, 2026
Finished Sq Ft:
8,378
Total Sq Ft:
8,378
Lot Size:
11,840 sqft / 0.27 acres (approx)
Year Built:
1963
Units:
6
Blanchet Heights705 – Ballard/greenlake705ballardgreenlakeLicton SpringsSeattleViewlandsRobert Eagle Staff Middle SchoolIngraham HighTerritorial

Schools

School District:
Seattle
Elementary School:
Viewlands
Middle School:
Robert Eagle Staff Middle School
High School:
Ingraham High

Interior

Cooling
None
Flooring
Ceramic Tile, Laminate, Carpet
Heating
Baseboard

Exterior

Construction Materials
Cement Plank
Exterior Features
Cement Planked
Roof
Composition

Financial

Net Operating Income
$167,838
Tax Year
2026
Taxes
$23,270

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Property Summary

    Located in the Licton Springs subdivision, 9200 Densmore Avenue N -3517 Seattle WA is a Multi Family for sale in Seattle, WA, 98103. It is listed for $2,699,950 To schedule a showing of MLS#nwm2492985 at 9200 Densmore Avenue N -3517 in Seattle, WA, contact your HomeSmart One Realty agent at 425-218-4178.

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9200 Densmore Avenue N -3517
Seattle, WA