University Heights 1417 Northeast 55th Street
Seattle, WA 98105
For Sale
5,300 sqft
Sale Price
$2,325,000
Brochure
Map
Multifamily For Sale - Available Immediately
Renovated 6-Unit Turn-Key Opportunity in the Desirable U-District Neighborhood
Well located in dynamic University District neighborhood
All units fully remodeled to a premium scope
Turn-key asset with excellent cash flow (5.54% cap)
0.5 mile to U-District light rail station
Assumable financing at 5.5% interest-only for two years fixed for four years
Get in touch
Reed Hunter
Spencer Clark
A boutique property featuring large, spacious units—five two-bedrooms and one one-bedroom—each fully remodeled to a premium standard in 2021–2022. Each unit showcases modern finishes including white shaker cabinetry, solid surface countertops, and stainless-steel appliances. Recent capital improvements include a new roof, windows, exterior paint, and updated plumbing and electrical systems, ensuring minimal near-term maintenance.
Ideally located just a half-mile from the U District Light Rail Station, University Heights offers residents unmatched access to transit, the University of Washington, and a wide array of neighborhood amenities. With recent upzoning to 400 feet in parts of the neighborhood and a vision to transform the area into a regional innovation hub, the University District is attracting a steady influx of students, professionals, and investment.
Total Space Available
5,300 sqft
Sale Price
$2,325,000
Get in touch
Reed Hunter
Spencer Clark