565 Lee Street, Seattle, WA 98109
Local realty services provided by:Better Homes and Gardens Real Estate McKenzie Realty
Listed by: sara bago, candice chevaillier
Office: lee & associates commercial re
MLS#:2554111
Source:NWMLS
Price summary
- Price:$2,995,000
About this home
We are pleased to present Marguerite Manor, an 11-unit apartment community located in Seattle’s highly desirable Queen Anne neighborhood. The property encompasses approximately 7,032 square feet of net rentable area and features a unit mix of ten spacious one-bedroom apartments and one expansive three-bedroom penthouse with sweeping views of the Seattle skyline and Lake Union. Current ownership has implemented several significant capital improvements in recent years. The building features a durable brick façade along the front elevation, while the rear exterior was extensively rebuilt, resided, and repainted in 2015. Additional exterior upgrades include the installation of a high tech roof in 2019, and new decks in 2020. Residents benefit from on-site common laundry facilities and dedicated off-street parking consisting of six open stalls and two tandem spaces located at the rear of the property. Situated within Queen Anne, Marguerite Manor offers investors a combination of stable in-place income, strong renter demand, and long-term appreciation potential. The property’s location, recent capital improvements, and attractive unit configuration position it as a compelling multifamily investment opportunity in one of the Pacific Northwest’s most sought-after urban submarkets....
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Home facts
- Year built:1963
- Subdivision & Development:Queen Anne
- Listing ID #:2554111
- Updated:October 20, 2026 at 10:43 AM
Rooms and interior
- Flooring:Carpet, Laminate, Vinyl Plank
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Flat Roof
- Year built:1963
- Lot area:0.17 Acres
- Lot Features:Corner, Paved, Sidewalk
- Construction Materials:Brick Exterior Finish, Wood Exterior Finish
- Exterior Features:Deck, Fenced-Partially
Utilities
- Sewer:Sewer Connected
Finances and disclosures
- Price:$2,995,000
- Tax amount:$31,621 (2026)
Parking
- Total parking spaces:8
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