Property Details
305 NE 65th Street
Seattle, WA 98115
$1,650,000
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Property Overview
Rare commercial property investment opportunity in Seattle's Green Lake neighborhood. This 3,250 sq ft building sits on a 5,400 sq ft lot and is currently home to 1 retail business and 3 housing units . Recent rezoning allows building up to the height of 40 feet. Here's one of the few remaining chances at commercial development in the neighborhood!
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
King
Neighborhood
Green Lake
Listed
Apr 10, 2026
Structure Type
Quadruplex
Parcel Number
3359500645
Tax & HOA
Annual Property Tax
$14,612 (2025)
Est. Monthly Tax
$1,218/mo
Financial Summary
Cap Rate
4.60%
Net Operating Income
$67,181
Gross Scheduled Income
$87,000
Gross Rent Multiplier
18.96
Total Expenses
$19,818
Building & Use
Building Sq Ft
3,250
Leasable Area
3,250 sqft
Total Units
4
Zoning
Commercial,Multi-Family,Retail,See Remarks
Possible Use
Commercial, Multi-Family, Retail, See Remarks
Lot Size
5,401 sqft
Year Built
1907
Exterior & Lot
Lot Size
0.12 sqft
Year Built
1907
Exterior Materials
Brick, Cement, Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Curbs, Paved, Sidewalk, Value In Land
Exterior Features
Brick, Cement/Concrete, Wood
Community & Access
Directions
Grn Lk Wy, East on N 65th St. Bldg on right. From I-5 N, Ravenna Blvd exit. West on NE 65th. Bldg on left. From I-5 S, 71 St/65th St exit. East on 70th, South on 8th Av. West on NE 65th, Bldg on left.
Location
City
Seattle
County
King
Coordinates
47.67567, -122.32502
Additional Information
Tax Year
2025
Annual Taxes
$14,612
Possession
Array
Based on information submitted to the MLS GRID as of August 6, 2026 8:00 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.
