Property Details
4738 17th Ave NE
Seattle, WA 98105
$2,600,000
Pending
CBA# 708487 courtesy of CBA
Listing firm: Windermere Commercial Real Estate
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Property Overview
Clear & Present 8.0 Cap Rate ~ Welcome to Madison Manor. Quintessential high occupancy/ high cap/ low cost UW Greek Row 18-Unit. Leased to same group w/ zero vacancy 5+ years & pre-leased till August 2027 w/ All Deposits & Cosigners. Numbers shown in Listing are 2025 actual. Exemplary condition: four levels sprinkler system serviced yearly, all newer double windows, commercial furnace 2022, all copper inside, good electrical panel/ wiring/ roof/ commercial water tank, RRIO certified by city Dec 2023, pro exterior paint 2019, new kitchens & baths & flooring 2020, full Inspection Reports available. Madison Manor retains 80+% of GSI year after year, by UW Main Entrance w/ prestige of high demand for 17th Boulevard Greek Row. Smart groups seek the giant front porch & formal entry hall, hig
Property Details
Property Information
Property Type
Commercial Sale
Status
Pending
County
King
Listed
Apr 15, 2026
Financial Summary
Cap Rate
8.00%
Building & Use
Building Sq Ft
5,186
Total Units
18
Zoning
LR3 (M)
Possible Use
Multi-Family
Year Built
1909
Exterior & Lot
Year Built
1909
Location
City
Seattle
County
King
Coordinates
47.66420, -122.30900
