8848 Stone Avenue N, Seattle, WA 98103
Local realty services provided by:Better Homes and Gardens Real Estate Northwest Home Team
Listed by: dea sumantri, candice chevaillier
Office: lee & associates commercial re
MLS#:2533806
Source:NWMLS
Price summary
- Price:$1,800,000
About this home
We are pleased to present 8848 Stone Ave N, a pride-of-ownership 10-unit apartment community in Seattle’s North Green Lake neighborhood. Built in 1988, the building offers a well-balanced unit mix of 2 studios, 4 one-bedrooms, and 4 two-bedrooms — spacious floor plans filled with natural light and equipped with in-unit laundry throughout. Durable building systems include copper plumbing, a Siemens electric panel, and a 2021 roof replacement, delivering a new owner a clean operational foundation with minimal deferred maintenance. A secured entry system and fully fenced rear parking lot with 10 assigned spaces complete a resident experience that is low-friction and well managed. In-place rents currently sit approximately 15% below market, presenting an immediate opportunity for a new owner to close that gap through disciplined lease management alone. For investors with a light renovation appetite, the one-bedroom and two-bedroom units present the most compelling upside — rehabbed rents on those unit types are projected to achieve premiums of 21% and 32% respectively above current in-place rents, a return profile that meaningfully repositions the asset’s income and long-term value....
Contact an agent
Home facts
- Year built:1988
- Subdivision & Development:Licton Springs
- Listing ID #:2533806
- Updated:September 05, 2026 at 11:33 AM
Rooms and interior
- Flooring:Carpet, Vinyl Floor
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Torch Down
- Year built:1988
- Lot area:0.14 Acres
- Lot Features:Curbed Lot, Paved, Sidewalk
- Construction Materials:Metal/Vinyl Exterior Finish
- Exterior Features:Deck, Fenced-Partially, Sprinkler System
Utilities
- Sewer:Sewer Connected
Finances and disclosures
- Price:$1,800,000
- Tax amount:$19,251 (2026)
Features and amenities
- Amenities:High Speed Internet
Parking
- Total parking spaces:10
- Carport spaces:10
New listings near 8848 Stone Avenue N
- Coming Soon
$289,000First Look1 beds 1 baths620 sq. ft.1420 Terry Avenue #201, Seattle, WA 98101
MLS# 2577595Listed by: COLDWELL BANKER DANFORTH - Coming Soon
$675,000First Look3 beds 3 baths1,468 sq. ft.6000 17th Avenue Sw #23, Seattle, WA 98106
MLS# 2578734Listed by: ENGEL & VOELKERS SEATTLE DT - Coming Soon
$699,000First Look2 beds 2 baths1,114 sq. ft.2929 1st Avenue #519, Seattle, WA 98121
MLS# 2576407Listed by: COMPASS - Coming Soon
$1,840,000First Look4 beds 3 baths3,600 sq. ft.3051 44th Avenue W, Seattle, WA 98199
MLS# 2573877Listed by: WINDERMERE RE MAGNOLIA - Coming Soon
$699,000First Look3 beds 2 baths1,260 sq. ft.10217 21st Avenue Sw, Seattle, WA 98146
MLS# 2578477Listed by: BUSHWICK - Coming SoonOpen Sat, 2 to 3:30pm
$680,000First Look2 beds 2 baths1,076 sq. ft.1762 57th Street #403, Seattle, WA 98107
MLS# 2572381Listed by: WINDERMERE REAL ESTATE MIDTOWN - Coming Soon
$1,275,000First Look5 beds 3 baths3,230 sq. ft.7706 32nd Avenue Nw, Seattle, WA 98117
MLS# 2538800Listed by: WINDERMERE REAL ESTATE/EAST - Coming Soon
$589,000First Look3 beds 2 baths1,500 sq. ft.650 SW 100 Street, Seattle, WA 98106
MLS# 2577494Listed by: PELLEGO, INC. - Coming SoonOpen Thu, 4 to 6pm
$520,000First Look2 beds 2 baths895 sq. ft.1410 E Pine Street #W307, Seattle, WA 98122
MLS# 2577867Listed by: WINDERMERE REAL ESTATE CO. - Coming Soon
$1,525,000First Look4 beds 2 baths2,440 sq. ft.1309 35th Avenue S, Seattle, WA 98144
MLS# 2577983Listed by: RE/MAX NORTHWEST