12340 Sand Point Way Ne, Seattle, WA 98125
Local realty services provided by:Better Homes and Gardens Real Estate Gary Mann Realty
Listed by: jonathan d. bye
Office: john l. scott, inc
MLS#:2567375
Source:NWMLS
12340 Sand Point Way Ne,Seattle, WA 98125
$1,425,000
- - Beds
- - Baths
- 4,350 sq. ft.
- Multi-family
- Active
Price summary
- Price:$1,425,000
- Price per sq. ft.:$327.59
About this home
Sandpoint Way Apartments is a well-maintained multifamily community in Seattle's desirable Sandpoint neighborhood, offering a diverse mix of one-, two-, and three-bedroom residences averaging approximately 821 square feet. Larger-than-average unit sizes provide broad appeal to healthcare workers while supporting strong tenant retention and leasing performance. Many residences enjoy premium Lake Washington views, enhancing the property's appeal and supporting rental premiums. The community is ideally located approximately one-half mile from the Burke-Gilman Trail and less than two miles from Matthews Beach Park, Seattle's largest freshwater swimming beach. Ownership has completed significant capital improvements, including a roof replacement within the last six years, Cutler-Hammer electrical panels, and primarily copper plumbing throughout, reducing near-term capital needs and supporting operational stability. The property is also conveniently located near major employment and institutional drivers, including the University of Washington, Seattle Children's Hospital, and the growing Magnuson Park corridor. The combination of desirable views, spacious units, recent improvements, and strong Northeast Seattle fundamentals makes Sandpoint Way Apartments a compelling multifamily investment opportunity....
Contact an agent
Home facts
- Year built:1930
- Subdivision & Development:Matthews Beach
- Listing ID #:2567375
- Updated:August 13, 2026 at 11:47 AM
Rooms and interior
- Living area:4,350 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Composition
- Year built:1930
- Building area:4,350 sq. ft.
- Lot area:0.13 Acres
- Lot Features:Paved
- Construction Materials:Metal/Vinyl Exterior Finish
Utilities
- Sewer:Sewer Connected
Finances and disclosures
- Price:$1,425,000
- Price per sq. ft.:$327.59
- Tax amount:$14,879 (2026)
Parking
- Total parking spaces:2
New listings near 12340 Sand Point Way Ne
- Open Thu, 5 to 7pmNew
$1,395,000Active4 beds 3 baths2,550 sq. ft.1614 32nd Avenue, Seattle, WA 98122
MLS# 2568231Listed by: RE/MAX GATEWAY - Open Sat, 11 to 2pmNew
$1,198,000Active3 beds 4 baths2,270 sq. ft.5605 30th Avenue Nw, Seattle, WA 98107
MLS# 2566961Listed by: AGENCYONE - New
$777,000Active-- beds -- baths2309 N Northlake Way #16, Seattle, WA 98103
MLS# 2567620Listed by: SPECIAL AGENTS REALTY - New
$650,000Active2 beds 2 baths1,140 sq. ft.98 Union #209, Seattle, WA 98101
MLS# 2568023Listed by: JOHN L. SCOTT, INC. - New
$850,000Active4 beds 4 baths1,930 sq. ft.7009 42nd Avenue S #1, Seattle, WA 98118
MLS# 2568496Listed by: DOVE REALTY, INC. - New
$850,000Active4 beds 3 baths2,200 sq. ft.6774 28th Avenue S, Seattle, WA 98108
MLS# 2568723Listed by: JOHN L. SCOTT, INC. - Open Thu, 12 to 2pmNew
$1,250,000Active2 beds 2 baths1,408 sq. ft.121 Lakeside Avenue #305, Seattle, WA 98122
MLS# 2561452Listed by: WINDERMERE REAL ESTATE CO. - Open Sat, 2 to 5pmNew
$929,000Active4 beds 2 baths1,620 sq. ft.2001 S Lucile Street, Seattle, WA 98108
MLS# 2563088Listed by: JOHN L. SCOTT, INC - Open Sat, 11 to 2pmNew
$2,689,000Active5 beds 5 baths3,586 sq. ft.3243 13th Avenue W, Seattle, WA 98119
MLS# 2564435Listed by: WINDERMERE REAL ESTATE MIDTOWN - New
$615,000Active3 beds 2 baths1,460 sq. ft.8414 47th Ave S Avenue S, Seattle, WA 98118
MLS# 2564852Listed by: KELLER WILLIAMS EASTSIDE