Property Details
1126 N 90th Street
Seattle, WA 98103
$1,900,000
Pending Feasibility
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Property Overview
Built in 2015, this contemporary midrise offers 8 thoughtfully designed one-bedroom residences in the heart of North Seattle. Large windows that fill the space with natural light, driftwood-style flooring, and granite countertops that complement the sleek stainless steel appliances and tile backsplashes. Residents enjoy in-unit washer and dryers, AC, and a modern open layout ideal for today’s urban lifestyle. Located near shops, transit, and neighborhood amenities, this property offers both modern comfort and long-term value. The building's clean modern design and low-maintenance systems make it an ideal long-term hold for investors seeking stable cash flow and appreciation potential. 6% cap rate. Prop tax reduced thru 2028 for MFTE.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Pending Feasibility
County
King
Neighborhood
Licton Springs
Listed
Nov 3, 2025
Structure Type
Multi Family
Parcel Number
9524100370
Tax & HOA
Annual Property Tax
$5,869 (2025)
Est. Monthly Tax
$489/mo
Financial Summary
Cap Rate
5.64%
Net Operating Income
$107,113
Gross Scheduled Income
$162,000
Gross Rent Multiplier
11.70
Total Expenses
$46,787
Vacancy Rate
5.0%
Building & Use
Building Sq Ft
4,706
Leasable Area
4,636 sqft
Total Units
8
Lot Size
3,289 sqft
Year Built
2015
Exterior & Lot
Lot Size
0.08 sqft
Year Built
2015
Exterior Materials
Cement Plank
Sewer
Sewer Connected
Water Source
Public
Lot Features
Paved, Sidewalk
Exterior Features
Cement Planked
Community & Access
Directions
From I5 north or south, take N 85th St exit and head west. Right on Wallingford Ave. Left on N 90th St. Property is on the right.
Location
City
Seattle
County
King
Coordinates
47.69439, -122.34322
Additional Information
Tax Year
2025
Annual Taxes
$5,869
Possession
Array
Based on information submitted to the MLS GRID as of June 10, 2026 10:15 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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. Copyright 2026 NWMLS. All rights reserved.
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. Copyright 2026 NWMLS. All rights reserved.
