10531 Aurora Avenue N #5,6,7 and 8, Seattle, WA 98133

Seattle
Local realty services provided by:Better Homes and Gardens Real Estate McKenzie Realty
Listed by: grecia thomas
Office: real property associates206-523-0300
MLS#:2566364
Source:NWMLS
10531 Aurora Avenue N #5,6,7 and 8,Seattle, WA 98133
$1,399,950
  • 0.31 Acres
  • Lots / Land
  • Active

Price summary

  • Price:$1,399,950

About this home

Exceptional development opportunity on a 13,440 SF lot in prime and highly connected North Seattle location. NC3-55 zoning may offer potential for a future multifamily development of approximately 60–80 units; buyer to verify all development feasibility. Conveniently located near Northgate Light Rail, transit, shopping, dining, major employers and daily amenities, with an 87 Walk Score. The current property includes two buildings (3-unit building and a 10-unit building) with a desirable mix of studio, one- and two-bedroom residences, offering multiple investment strategies for a total of 13-units. Continue operating as an income-producing apartment community, increase returns through rent optimization and strategic improvements, or hold as a long-term development site. Current gross scheduled income is approximately $14,288 per month, with additional upside as several rents remain below market. Most units have been updated. A compelling combination of current income, value-add...

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Home facts

  • Subdivision & Development:Greenwood
  • Listing ID #:2566364
  • Updated:November 14, 2026 at 12:32 PM

Structure and exterior

  • Lot area:0.31 Acres
  • Lot Features:Alley, Curbed Lot, Paved, Sidewalk

Schools

  • High school:Buyer To Verify
  • Middle school:Buyer To Verify
  • Elementary school:Buyer To Verify

Utilities

  • Water:Available
  • Sewer:Available

Finances and disclosures

  • Price:$1,399,950
  • Tax amount:$19,956 (2026)
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