Jae-In Lee | Real Estate Broker

Jae-In Lee

206.370.0095

janelee.feg@gmail.com

 

New Listings

$2,595,000
2587105 MLS
We are pleased to present the Glen Ellyn Apartments, an 11-unit multifamily property located in Seattle’s Ballard neighborhood. Built in 1959, the property consists of eight one-bedroom and three two-bedroom units featuring functional layouts, natural light, and natural hardwood flooring. The units remain in classic but well-maintained condition, providing a strong foundation for future renovation and modernization. The asset has also benefited from several capital improvements, including a roof replacement in 2017, replacement of the individual electrical panels in all units in 2025, and a new rear fence installed in August 2025. Property amenities include covered and off-street parking, storage units, and on-site laundry. The location provides convenient access to Ballard Community Center, QFC, National Nordic Museum, Ballard Avenue & Farmers Market, the Ballard Locks, and the Ballard Public Library, along with the neighborhood’s broader retail, dining, and recreational amenities. Current rents are approximately 13% below market, providing near-term income growth potential through future turnover and rent adjustments. Additional upside may be realized through targeted unit renovations and modernization, with renovated rents estimated at approximately 29% above current levels. Further operational upside exists through implementation of utility bill-backs, which are not currently charged, as well as the opportunity to maximize parking income.

6530 24th Avenue NW, Seattle

Listing Broker: Lee & Associates Commercial RE; Dea Sumantri; 206-773-2680; dsumantri@lee-associates.com

$1,350,000
5 Beds ⋅ 4 Baths ⋅ 2586694 MLS
AN EXTRAORDINARY VIEW. AN EXCEPTIONAL SETTING. A HOME DESIGNED TO BE EXPERIENCED. Commanding breathtaking panoramic views across the Puget Sound to the Olympic Mountains, this distinguished Marine Hills residence offers a rare marriage of natural beauty, refined interiors, and effortless Northwest living. Bathed in natural light, the home unfolds beneath soaring vaulted ceilings with an open, sophisticated floor plan designed for both intimate moments and grand entertaining. A thoughtful renovation introduces rich hardwood floors, bespoke soft-close cabinetry, lustrous granite countertops and details that elevate the everyday. The lower level transforms into an entertainer’s retreat, featuring a generous Game Room and fully appointed Bar with a double wine refrigerator, creating an inviting destination for evenings with friends and celebrations of every kind. Recent enhancements include beautifully renovated bathrooms with sauna and soaking tub, full walk in closet with custom shelving, A/C, and water heater, seamlessly blending modern comfort with peace of mind. Beyond the interiors, an expansive deck becomes the perfect vantage point for mesmerizing sunsets over the Sound, while the meticulously cultivated gardens offer a private sanctuary framed by mature apple, plum, and cherry trees. A truly rare offering where sweeping vistas, sophisticated design, and an enviable Marine Hills setting converge.

28904 5th Avenue S, Federal Way

Listing Broker: COMPASS; Michelle Kim; 206-673-1980; michelle.kim@compass.com

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Listings last updated . All information provided is deemed reliable but is not guaranteed and should be independently verified.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. © 2026 PACMLS