Property Details
6537 Oswego Place NE
Seattle, WA 98115
$2,600,000
Active
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Property Overview
Exceptional investment opportunity just minutes from Green Lake. This well-maintained 11-unit apartment building features a desirable unit mix of nine studios and two one-bedroom units. Professional management is already in place and available to continue operations, offering a seamless transition for a passive investor. The property is zoned LR3 (RC), providing attractive future development potential. Amenities include off-street parking, storage lockers, coin-operated laundry, and individual water heaters for each unit, all replaced in 2023. Five of the eleven units have been remodeled. Ideally located within walking distance of the Roosevelt Light Rail Station, and the Green Lake Park & Ride, ,Convenient access to downtown Seattle, shopping, dining and recreation. A rare opportunity for the move-up investor seeking stable income today and long-term growth potential tomorrow.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
King
Neighborhood
Green Lake
Listed
Jun 11, 2026
Structure Type
Multi Family
Parcel Number
9528103900
Tax & HOA
Annual Property Tax
$21,198 (2025)
Est. Monthly Tax
$1,767/mo
Financial Summary
Cap Rate
4.00%
Net Operating Income
$104,185
Gross Scheduled Income
$158,612
Gross Rent Multiplier
16.00
Total Expenses
$54,427
Building & Use
Building Sq Ft
4,643
Leasable Area
4,643 sqft
Total Units
11
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
7,802 sqft
Year Built
1950
Exterior & Lot
Lot Size
0.18 sqft
Year Built
1950
Exterior Materials
Brick, Cement Plank
Sewer
Sewer Connected
Lot Features
Curbs, Dead End Street, Paved, Sidewalk
Exterior Features
Brick, Cement Planked
Community & Access
Directions
I5N Exit 170 at Ravenna Blvd towards NE 65TH St, continue of 8th Ave NE, left on NE Reavenna Blvd, right on NE 65th St, left on Oswego Place NE. Property located on end of street on the left.
Location
City
Seattle
County
King
Coordinates
47.67679, -122.32182
Additional Information
Tax Year
2025
Annual Taxes
$21,198
Possession
Array
Based on information submitted to the MLS GRID as of June 11, 2026 8:30 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.
