1249 5th Avenue N Seattle WA 98109 MLS #NWM2056157

1249 5th Avenue N
Seattle, WA, 98109
$2,100,000
MLS #NWM2056157 image #0
Listing Provided Courtesy of Sea to Sky Realty / ZNonMember-Office-MLS
Rare Value-Add/Development opportunity in excellent east slope Queen Anne location, one block north of Highland Drive, with outstanding views of the city, Lake Union, and the Cascade Mountains. The property offers potential for interior/exterior upgrades that could lead to significant rental increases and improved returns. The zoning allows new development for about 20 500sf apartment units or 10 1,250sf townhouse units (Buyer to verify). Great flexibility to start the project promptly or hold with current leases.
Current real estate data for Multi Family in Seattle as of Feb 17, 2026
149
Multi Family Listed
107
Avg DOM
448
Avg $ / SqFt
$2,209,930
Avg List Price

Property Details

Price:
$2,100,000
MLS #:
NWM2056157
Status:
Closed (Jul 21, 2025)
Beds:
0
Baths:
0
Type:
Multi Family
Subdivision:
Queen Anne
Neighborhood:
700 – Queen Anne/Magnolia
Listed Date:
Apr 20, 2023
Finished Sq Ft:
4,762
Total Sq Ft:
4,762
Lot Size:
7,177 sqft / 0.16 acres (approx)
Year Built:
1912
Units:
5
700 – Queen Anne/magnolia700 – Queen Anne/magnoliaQueen AnneSeattle

Schools

School District:
Seattle

Interior

Cooling
None
Heating
Radiant

Exterior

Construction Materials
Brick, Stucco, Wood
Exterior Features
Brick, Stucco, Wood
Parking Spots
5
Roof
Composition, Flat, Shake

Financial

Net Operating Income
$46,400
Tax Year
2022
Taxes
$17,206

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Property Summary

    Located in the Queen Anne subdivision, 1249 5th Avenue N Seattle WA is a Multi Family for sale in Seattle, WA, 98109. It is listed for $2,100,000 To schedule a showing of MLS#nwm2056157 at 1249 5th Avenue N in Seattle, WA, contact your HomeSmart One Realty agent at 425-218-4178.

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Karrie Kelley

Karrie Kelley

Realtor®

Phone 425 218-4178

More About Karrie
Courtesy of Sea to Sky Realty. Disclaimer: Based on information submitted to the MLS GRID as of Feb-17-2026 6:06:20 pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Copyright 2026. All rights reserved.
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1249 5th Avenue N
Seattle, WA