2210 Franklin Avenue E, Seattle, WA 98102

Local realty services provided by:Better Homes and Gardens Real Estate Gary Mann Realty
Listed by: michael urquhart, brian d. platt
Office: paragon real estate advisors206-623-8880
MLS#:2600541
Source:NWMLS
2210 Franklin Avenue E,Seattle, WA 98102
$2,150,000
  • - Beds
  • - Baths
  • 6,310 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$2,150,000
  • Price per sq. ft.:$340.73

About this home

The Franklin House is a seven-unit apartment building located at 2210 Franklin Ave E in Seattle’s Eastlake neighborhood. Priced at $2,150,000, the property delivers a 5.5% current cap rate with a clear path to a 6.6% cap rate at market rents and a 7.3% renovation cap rate on cost following an interior renovation program. Built in 1964 on a 6,600 square foot lot zoned LR3 (M), the wood frame building consists of 3 – 1BD/1BTH units, 3 - 2BD/1BTH units and 1 – 3BD/2BTH Penthouse unit with an in-unit washer/dryer on the top floor. Every unit has a private deck or patio, and units 301, 302, and the penthouse enjoy views of Lake Union. The building is operating well with a TPO roof installed roughly twelve years ago, copper plumbing, GE electrical panels, and double pane vinyl windows. Residents share a common laundry room and ten open parking stalls sit off the alley at the rear of the property. The penthouse is being delivered vacant, giving a buyer the chance to renovate the top...

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Home facts

  • Year built:1964
  • Subdivision & Development:Eastlake
  • Listing ID #:2600541
  • Updated:November 13, 2026 at 01:28 AM

Rooms and interior

  • Flooring:Carpet, Laminate
  • Living area:6,310 sq. ft.

Structure and exterior

  • Roof:Flat Roof
  • Year built:1964
  • Building area:6,310 sq. ft.
  • Lot area:0.15 Acres
  • Construction Materials:Wood Products Exterior Finish

Utilities

  • Water:Public
  • Sewer:Available

Finances and disclosures

  • Price:$2,150,000
  • Price per sq. ft.:$340.73
  • Tax amount:$24,250 (2026)

Parking

  • Total parking spaces:10
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