Seattle, WA 98119 608 W Emerson Street
$2,875,000
Pending
13 more
Presented By: Northmarq Multifamily, LLC and NWMLS
- MLS# 2409472
- 07/17/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
Home Details
We are pleased to present the 608 W Emerson Apartments, located along W Emerson St in North Queen Anne, walking distance from Seattle Pacific University. All units were upgraded in 2016, including updated kitchens with new finishes and fully upgraded bathrooms with modern fixtures and motion sensor fans. The property is being listed 100% vacant, providing an excellent opportunity to renovate all 10 units with modern finishes and achieve higher rents. It includes a laundry facility, balconies with views, 14 uncovered parking spaces, mature landscaping, and storage space. The asset stabilizes to a 7.42% cap on cost and a 9.42% cash on cash return at $2.875M ($287,500/unit; $376/SF).
Presented By: Northmarq Multifamily, LLC and NWMLS
Interior Features for 608 W Emerson Street
Bedrooms
Bedrooms Possible0
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringCeramic Tile, Laminate, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
Total Stories3
General for 608 W Emerson Street
AmenitiesCoin Op Laundry, Storage, Thermal Windows
Building Area UnitsSquare Feet
Cap Rate6.41
Carport Spaces
Carport Y/NNo
CitySeattle
CoolingNone
CountyKing
DirectionsDriving Directions to Property (200) From I-5 Express, take NE Pacific St, N 34th St and Nickerson St to W Emerson St. Turn right onto W Emerson St.
Electric Expense
Energy EfficientThermal Windows
Fuel Expense
HOANo
HOA Fee$
HeatingBaseboard
High School DistrictSeattle
Insurance Expense8500
Leasable Area7650
Listing TermsCash Out, Conventional
Lot Size Square Feet8800
Lot Size UnitsSquare Feet
MLS Area700 – Queen Anne/Magnolia
ModificationTimestamp2025-08-19T19:59:12.140Z
NWM_ShowMapLinkY
Net Operating Income186693
New ConstructionNo
Number Of Units Total10
Open Parking Spaces14
PossessionClosing
Possible UseMulti-Family
Property Style56 – 10+ Units
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksWe are pleased to present the 608 W Emerson Apartments, located along W Emerson St in North Queen Anne, walking distance from Seattle Pacific University. All units were upgraded in 2016, including updat
RoofTorch Down
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusPending
StatusPending
Structure TypeMulti Family
Subdivision NameQueen Anne
Tax Annual Amount21147
Tax Year2025
Units Below Gradefalse
Units In Building Total10
ViewCanal
Water Sewer Garbage17151
Year Built1975
Zoning DescriptionMulti-Family
Exterior for 608 W Emerson Street
Building Area Total
Covered Spaces
Exterior AmenitiesCement/Concrete, Stucco, Wood
Irrigation Water Rights Y/NNo
Lot FeaturesPaved
Lot Size Acres0.202
Parking Uncovered Spaces14
Total Parking14
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
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