PROPERTIES FOR SALE

1402 E Cherry Street Seattle, WA 98122

NWMLS Courtesy of WPI Real Estate Services, Inc.
1402 E Cherry Street
Seattle, WA 98122
$2,880,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Pending
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Exceptional 10-unit townhome-style apartment building in a high-demand location - directly across from Seattle University & Swedish Hospital. 5 two-bed and 5 one-bed two-story units with a total of 11 parking spaces. Prime 7,675 SF corner lot with abundant natural light, upgraded double-pane windows, and fire sprinkler system. Walk Score 94—just steps to restaurants, transit, grocery, and light rail. Zoned LR3(M) with potential for additional units (buyer to verify). Significant income upside through utility billbacks, parking fees, and bringing under-market rents current. Current cap @3.95% and market cap @5.29%.
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Property Features

Community: First Hill
10+ Units
Sprinkler System
Exterior: Stucco
Exterior: Wood
Roof: Composition
Year Built: 1981
2025 Taxes: $0.00
Buyer Broker Compensation: 2.5%
Listing #: 2397715

Lot Details

Lot Size: 0.18 acres
Corner Lot
Curbs
Sidewalk

Interior

Cooling: None
Heating: Forced Air, Baseboard
Electric

Schools

District: Seattle
Call or Email:
Grace Wamwere

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Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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