600 W Emerson Street, Seattle, WA 98119

Courtesy of Lee & Associates Commercial RE

$3,400,000

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List Price
$3,400,000
Status
ACTIVE
Days on Market
68
MLS#
2550372
Subtype
Residential Income
Style
56 - 10+ Units
Year Built
1965
Lot Size
8,800
Acres
0.20
Subdivision
Queen Anne
Neighborhood
Queen Anne
MLS Area Major
Queen Anne/Magnolia

Property Description

We are pleased to present the Emerson Apartments, a 12-unit apartment community built in 1965 in Seattle’s coveted North Queen Anne neighborhood, delivered fully vacant at closing. This rare offering gives investors and owner-occupants the immediate ability to lease all units at current market rents, pursue targeted renovations, or both, with no inherited lease obligations and no displacement concerns. The building offers 6 1BD and 6 2BD with spacious bedrooms, living areas, and select units featuring private decks with canal views. There are 12 surface parking spaces and a dedicated laundry and storage room on each of the 3 floors. Major systems are addressed: new siding and exterior painting in 2002, a roof replacement, electrical upgrades in 2023 and 2024, and interior renovations in 2015 covering new appliances, kitchen and bathroom remodeling, and new exterior doors throughout. A new owner can direct capital toward light interior value-add rather than deferred maintenance. Positioned on W Emerson Street, the Emerson Apartments offer seamless access to Interbay, Fremont, Ballard, South Lake Union, and Downtown Seattle, with major employers including Apple, Meta, Anthropic, Google, Amazon, and Expedia all within easy reach. With a well-maintained building and fully vacant delivery, the Emerson Apartments represent an immediate executable opportunity to lease, reposition, and maximize returns from day one.

Additional Information

Amenities
Coin Op Laundry, Storage
Exterior Features
Wood
Property Description
56 - 10+ Units
Flooring
Laminate, Carpet
Heating
Baseboard
Air Conditioning
None
Roof
Composition
School District
Seattle
View
Canal, Territorial
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