Property Details

4912 Evanston Ave N

Seattle, WA 98103

$1,900,000

Available

CBA# 711340 courtesy of CBA Listing firm: Lake & Company Real Estate

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Commercial

Property Type

5,661

Bldg Sq Ft

Units

5.00%

Cap Rate

1955

Year Built

Property Overview

Wonderful mid-century 9-unit apartment building in a prime Seattle location directly across from Woodland Park Zoo. The “Zoo-plex” features one basement studio and eight spacious one-bedroom units with hardwood floors and classic mid-century character. Amenities include common laundry, individual storage units, and off-street parking for two vehicles. Strong value-add opportunity with potential to increase rents or renovate units for enhanced income. This highly desirable location supports consistent tenant demand, low turnover, and ease of leasing. The property has been well maintained, with recent updates including a newer boiler, roof, and sewer line. Offered for the first time in over 30 years, this is a rare investment opportunity in a sought-after neighborhood—don’t miss your chance