10531 Aurora Avenue N, Seattle, WA 98133
Local realty services provided by:Better Homes and Gardens Real Estate Northwest Home Team
Listed by: grecia thomas, julie elli
Office: real property associates
MLS#:2554023
Source:NWMLS
10531 Aurora Avenue N,Seattle, WA 98133
$1,518,000
- - Beds
- - Baths
- 5,312 sq. ft.
- Multi-family
- Active
Price summary
- Price:$1,518,000
- Price per sq. ft.:$285.77
About this home
Exceptional 13-unit investment and redevelopment opportunity on a 13,440 SF lot in prime and highly connected North Seattle location. The property includes two buildings with a desirable mix of studio, one- and two-bedroom residences, offering multiple investment strategies. 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. 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. A compelling combination of current income, value-add potential and long-term redevelopment opportunity.
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Home facts
- Year built:1950
- Subdivision & Development:Greenwood
- Listing ID #:2554023
- Updated:August 11, 2026 at 12:31 AM
Rooms and interior
- Living area:5,312 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1950
- Building area:5,312 sq. ft.
- Lot area:0.31 Acres
- Lot Features:Alley, Curbed Lot, Paved, Sidewalk
- Construction Materials:Brick Exterior Finish, Wood Exterior Finish
Schools
- High school:Buyer To Verify
- Middle school:Buyer To Verify
- Elementary school:Buyer To Verify
Utilities
- Water:Public
- Sewer:Sewer Connected
Finances and disclosures
- Price:$1,518,000
- Price per sq. ft.:$285.77
- Tax amount:$19,956 (2026)
Parking
- Total parking spaces:8
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