$4,000,000
Est. $20,268/mo2820 15th Avenue W, Seattle, WA 98119
• Listed 2026-05-27•16 days on market
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of May 27, 2026 at 08:13am (date and time MLS GRID Data was obtained). 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
Equal Housing Opportunity. RexMont Real Estate is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.
Talk to a local RexMont expert
Avg response under 5 mins
The property consists of 19 one-bedroom / one-bathroom units, one one-bedroom + office / one-bathroom, and one three-bedroom / two-bathroom unit, totaling 14,975 rentable square feet across three stories of wood-frame construction. The property has been meticulously maintained during the current ownership and this is the first time the property has been marketed in 33 years. Current rents average below market across the portfolio, with one-bedroom units running approximately 6% below comparable market rents and the three-bedroom unit carrying meaningful additional upside. An investor operating the building at market rents and fully charging for parking and storage will bring the proforma cap rate to 7.0% with minimal capital needed. The building has been meticulously maintained throughout the current ownership. In 2016, elastomeric waterproof paint was applied to the rockcrete siding, the roof was replaced in 2019 along with the main water supply line, and in 2023/2024 the main sewer drain line and underground cast iron plumbing was replaced. Interbay 21 Apartments offers convenient access to major public transportation routes while being in close proximity to the employment centers, dining, retail, and neighborhood amenities of Queen Anne, Ballard, Interbay, and Magnolia. The building’s location on a quiet residential street provides a strong lifestyle appeal for its tenants and will be highly desirable for future tenants as well.
Listed by Ben Douglas • Paragon Real Estate Advisors
Listing updated: May 27, 2026 at 08:13am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2527028
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (8)
See more →
Open Sat, Jun 13 +1
Open Sat, Jun 13 +1
Open Sat, Jun 13 +1
Open Sat, Jun 13 +1
Open Sat, Jun 13 +1
Open Sat, Jun 13RexMont Value Snapshot
Pull the latest nearby sold homes matched on size, age, and location.
2820 15th Avenue W, Seattle, WA 98119
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Neighborhood mobility
$25,680 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedEstimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
More homes in this area that match your range.
$2,198,000
2309 N Northlake Way #13, Seattle, WA 98107
Scott D. Shutes · Windermere RE Greenwood
$3,995,000
10 E Roanoke Street #2, Seattle, WA 98102
Melissa Ahlers · COMPASS
$2,400,000
2727 Fairview Avenue E #unit 4, Seattle, WA 98102
Molly A Cartwright · Windermere Real Estate Midtown
$3,495,000
2720 3rd Avenue #ph1, Seattle, WA 98121
Michael O Doyle · Windermere Real Estate Midtown
$2,335,000
2834 Fairview Avenue E, Seattle, WA 98102
Ann O'Neil · Windermere Real Estate Co.
$2,495,000
2600 2nd Avenue #2501, Seattle, WA 98121
Robyn Kimura Hsu · Realogics Sotheby's Int'l Rlty
Seattle is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 6 days.
$640,130 Sold
6 weeks ago
•Single Family
2611 3rd Avenue W, Seattle, WA 98119
8%
Under list
—
Days on market
0.7 mi
Distance
$929,000 Sold
6 weeks ago
3 bd•2 ba•~1,740 sq ft•Single Family
2016 14th Avenue W, Seattle, WA 98119
0%
Over list
—
Days on market
0.6 mi
Distance
$2,410,000 Sold
6 weeks ago
5 bd•1.5 ba•~3,270 sq ft•Single Family
807 W Armour Street, Seattle, WA 98119
2%
Under list
—
Days on market
0.4 mi
Distance
$899,000 Sold
6 weeks ago
3 bd•2.5 ba•~1,760 sq ft•Single Family
3020 14th Avenue W #b, Seattle, WA 98119
0%
Over list
—
Days on market
0.1 mi
Distance
$1,020,000 Sold
8 weeks ago
4 bd•3 ba•~1,764 sq ft•Single Family
2538 14th Avenue W #a, Seattle, WA 98119
18%
Under list
—
Days on market
0.3 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.
