1402 E Cherry Street, Seattle, WA 98122
Local realty services provided by:Better Homes and Gardens Real Estate McKenzie Realty



Listed by:tc wu
Office:wpi real estate services, inc.
MLS#:2397715
Source:NWMLS
1402 E Cherry Street,Seattle, WA 98122
$2,880,000
- - Beds
- - Baths
- 9,680 sq. ft.
- Multi-family
- Pending
Price summary
- Price:$2,880,000
- Price per sq. ft.:$297.52
About this home
Exceptional 10-unit townhome-style apartment building in a high-demand location - directly across from Seattle University & Swedish Hospital. 5 two-bed and 5 one-bed two-story units with a total of 11 parking spaces. Prime 7,675 SF corner lot with abundant natural light, upgraded double-pane windows, and fire sprinkler system. Walk Score 94—just steps to restaurants, transit, grocery, and light rail. Zoned LR3(M) with potential for additional units (buyer to verify). Significant income upside through utility billbacks, parking fees, and bringing under-market rents current. Current cap @3.95% and market cap @5.29%.
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Home facts
- Year built:1981
- Listing Id #:2397715
- Updated:August 07, 2025 at 07:52 AM
Rooms and interior
- Living area:9,680 sq. ft.
Heating and cooling
- Heating:Baseboard, Forced Air
Structure and exterior
- Roof:Composition
- Year built:1981
- Building area:9,680 sq. ft.
- Lot area:0.18 Acres
Utilities
- Sewer:Sewer Connected
Finances and disclosures
- Price:$2,880,000
- Price per sq. ft.:$297.52
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