Property Details
2249 NE 46th Street
Seattle, WA 98105
$4,650,000
Active
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Property Overview
Constructed in 2016, Bayview West offers a modern living experience with 20 units comprising studios, one-bedroom, and two-bedroom apartments. These upscale units boast sleek finishes, urban layouts, easy-care plank flooring, stainless steel appliances, large windows, in-unit washer and dryers, and patios in select units. The adjacent property at 2233 NE 46th Street is for sale, as a Portfolio Opportunity totaling 47 units, see listing MLS#
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
King
Neighborhood
University District
Listed
May 13, 2026
Structure Type
Multi Family
Parcel Number
0925049098
Tax & HOA
Annual Property Tax
$57,270 (2025)
Est. Monthly Tax
$4,773/mo
Financial Summary
Cap Rate
5.25%
Net Operating Income
$243,958
Gross Scheduled Income
$466,780
Gross Rent Multiplier
11.13
Total Expenses
$199,484
Vacancy Rate
5.0%
Building & Use
Building Sq Ft
9,627
Leasable Area
9,627 sqft
Total Units
20
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
6,839 sqft
Year Built
2016
Exterior & Lot
Lot Size
0.16 sqft
Year Built
2016
Exterior Materials
Metal/Vinyl, Wood
Sewer
Sewer Connected
Lot Features
Paved, Sidewalk
Exterior Features
Metal/Vinyl, Wood
Community & Access
Directions
On I-5 N, take exit 169 for NE 45th St. Turn left on 20th Ave NE, right on NE 47th St which becomes 22nd Ave NE. Stay right and turn left onto NE 46th St. Site is on right.
Location
City
Seattle
County
King
Coordinates
47.66153, -122.30339
Additional Information
Tax Year
2025
Annual Taxes
$57,270
Possession
Array
Based on information submitted to the MLS GRID as of June 1, 2026 11:09 AM. 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.
