Seattle, WA 98103 8214 Greenwood Avenue N
$5,500,000
13 more
Presented By: COMPASS and NWMLS
- MLS# 2375807
- 05/12/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 16,974
Home Details
Acquire this stabilized high-performing asset in Greenwood—one of Seattle’s most desirable neighborhoods. Ideally located within walking distance of major bus routes and downtown Greenwood’s vibrant retail, dining, and entertainment scene, this mixed-use property features 5 ground-floor retail spaces fronting Greenwood Ave with excellent visibility and foot traffic. The residential portion includes 7 well-appointed apartments: 3 one-bedrooms, 2 studios, and 2 two-bedrooms, plus 21 dedicated parking spaces and on-site laundry. With strong cash flow and a prime location, this turnkey investment offers immediate income in a high-demand market. The parcel is zoned NC2P-55, allowing for future development potential—buyer to verify.
Presented By: COMPASS and NWMLS
Interior Features for 8214 Greenwood Avenue N
Bedrooms
Bedrooms Possible0
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
Total Stories2
General for 8214 Greenwood Avenue N
Building Area UnitsSquare Feet
Cap Rate4.62
Carport Spaces
Carport Y/NNo
CitySeattle
CoolingNone
CountyKing
DirectionsCorner of Greenwood Ave N and N 83rd St.
Electric Expense3243
Fuel Expense3243
HOANo
HOA Fee$
HeatingBaseboard
High School DistrictSeattle
Insurance Expense9596
Leasable Area15840
Listing TermsCash Out, Conventional
Living Area UnitsSquare Feet
Lot Size Square Feet12628
Lot Size UnitsSquare Feet
MLS Area705 – Ballard/Greenlake
ModificationTimestamp2025-05-14T18:13:14.798Z
NWM_ShowMapLinkY
Net Operating Income253834
New ConstructionNo
Number Of Units Total12
Open Parking Spaces0
PossessionClosing
Possible UseResidential, Retail
Property Style56 – 10+ Units
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksAcquire this stabilized high-performing asset in Greenwoodone of Seattles most desirable neighborhoods. Ideally located within walking distance of major bus routes and downtown Greenwoods vibrant ret
RoofFlat
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeMulti Family
Subdivision NameGreenwood
Tax Annual Amount43515
Tax Year2024
Units Below Gradefalse
Units In Building Total12
Water Sewer Garbage3243
Year Built1912
Zoning DescriptionResidential, Retail
Exterior for 8214 Greenwood Avenue N
Building Area Total16974
Covered Spaces
Exterior AmenitiesWood
Irrigation Water Rights Y/NNo
Lot Size Acres0.2899
Parking Uncovered Spaces0
Total Parking21
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
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