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Listed by:Westlake Associates, Inc. • Travis Kannier

$2,180,000

Est. payment - /mo

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11 Beds

8 Baths

6,375 SqFt

New

2707 W Jameson ST Seattle, WA 98199

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Ryan Born

ryan@born-realty.com +1(206) 498-0342

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,375 sqft

Price per Sqft $341

Subdivision Magnolia

MLS Listing ID 2565089

Style 55 - 5-9 Units

Bedrooms 11

Year Built 1966

Annual Tax Amount $21,806

Lot Size 6,300 Sqft

Property Sub-Type Multi Family

Property Description

Constructed in 1966, this well-maintained eight-unit apartment community features quality wood-frame construction with a durable marblecrete exterior. Ideally situated in Seattle's highly sought-after Magnolia neighborhood, the property has historically maintained exceptionally low vacancy, driven by its premier location and strong tenant demand. The Magnolia 8-Unit Apartments offer investors an attractive value-add opportunity through the ability to increase below-market rents as units turn over, while also presenting the potential to add a legal ninth apartment unit (buyer to verify). The property's desirable unit mix consists of five one-bedroom/one-bath units and three two-bedroom/one-bath units, along with seven on-site parking spaces and ample unrestricted street parking. Ownership has completed several meaningful capital improvements, including a full tear-off roof replacement. The building is also serviced by copper plumbing, providing long-term durability and minimizing future maintenance costs. Combining a prime Magnolia location, stable occupancy history, and clear upside potential, this offering represents an exceptional opportunity to acquire a quality multifamily asset in one of Seattle's most established and supply-constrained neighborhoods.

Location

State WA

County King

Area 700 - Queen Anne/Magnolia

Interior

Flooring Hardwood, Laminate, Vinyl Plank, Carpet

Fireplace false

Exterior

Exterior Feature Cement/Concrete, Wood

Amenities Available Deck, Patio

View Y/N Yes

View Canal, Partial, Territorial

Roof Type Flat

Building

Lot Description Alley, Curbs, Paved, Sidewalk

Sewer Sewer Connected

New Construction No

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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Breakdown

Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.

Amenities & Attractions

Restaurants

Home Services

Health & Medical

Local Services

Shopping

Recreation

Arts & Entertainment

Food

Beauty

Nightlife

Event Planning & Services

Automotive

Religious Organizations

Financial Services

Professional Services

Travel

Pets

Local Media

Public Services & Government

Education

Niko’s Gyros

2231 32nd Ave W, Seattle, WA 98199

Greek Phone: 206-285-4778
Teriyaki Bowl

4207 Gilman Ave W, Seattle, WA 98199

Japanese Phone: 206-282-4476
The New Pandasia

1625 W Dravus St, Seattle, WA 98119

Asian Fusion Phone: 206-283-9030
Thow International

2120 W Emerson Pl, Seattle, WA 98199

Delis Phone: 206-284-2365
Gim Wah Restaurant

3418 W McGraw St, Seattle, WA 98199

Chinese Phone: 206-284-7000
Subway

3320 W McGraw St, Seattle, WA 98199

Sandwiches Phone: 206-285-6907
Red Mill Burgers

1613 W Dravus St, Seattle, WA 98119

Burgers Phone: 206-284-6363
Queen Margherita Pizza

3111 W McGraw St, Seattle, WA 98199

Pizza Phone: 206-548-4908
Sunny Teriyaki

2120 W Emerson Pl, Seattle, WA 98199

Japanese Phone: 206-281-9339
Pac Maru

4209 21st Avenue W, Seattle, WA 98199

Seafood Phone: 206-282-0196
Petit Pierre Bakery

3204 W McGraw St, Seattle, WA 98199

Bakeries Phone: 206-406-7271
Mulleady’s Irish Pub

3055 21st Ave W, Seattle, WA 98199

Breakfast & Brunch Phone: 206-283-8843
Ocean Fare

2828 Thorndyke Avenue W, Seattle, WA 98199

Seafood Phone: 206-282-0908
Citizen Six

945 Elliott Ave W, Seattle, WA 98119

Korean Phone: 206-588-2224
Tanglewood Supreme

3216 W Wheeler St, Seattle, WA 98199

Seafood Phone: 206-708-6235
Merco Intertrade

4039 21st Ave W Ste 200, Seattle, WA 98199

Seafood Phone: 206-282-5655
Nautilus Seafood’s

4215 21st Ave W, Seattle, WA 98199

Seafood Phone: 206-285-6150
Papa Bois

Seattle, WA 98109

Caribbean Phone: 425-341-3657
Maggie Bluffs

2601 W Marina Pl, Seattle, WA 98199

American (Traditional) Phone: 206-283-8322

Educational Environment

Elementary Schools (3)Middle Schools (2)

Name

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