$1,750,000
Est. $9,693/moPrice reduced $200,000 from the original $1,950,000 asking price
4,113 sq ft
2366 E Yale Avenue E, Seattle, WA 98102
• Listed Jun 2, 2026•141 days active · 141 cumulative
Listing Broker: North Pacific Properties; Cynthia Malone; 425-359-3835; cynthia@northpacificproperties.com
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Listing Broker: North Pacific Properties; Cynthia Malone; 425-359-3835; cynthia@northpacificproperties.com
About this home
A rare opportunity! Yale Properties is located just two streets away from the shores of Lake Union. One of Seattle’s treasures, featuring a unique mix of local charm, careful design, and expansive views of the Seattle skyline, the Space Needle, and the lake. Yale Properties has every unit filled. Two units with 2 bedrooms and four units with 1 bedroom. At the front, there are three enclosed garages and at the rear, four parking spaces, along with a spacious community deck. The interior blueprint features high-end appliances, LV flooring, ductless mini-split HVAC, and a modern interior design. The entire building’s electrical system has been upgraded to support high-power loads and enable separate billing for each unit. Strolling through Eastlake feels like stepping into a carefully curated gallery. Traditional Victorian houses engage with contemporary sleek architecture, while the famous floating homes contribute a distinct Seattle character to the scenery. Every street narrates a tale filled with history, character, and subtle elegance. People living here share more than just a location—they share a way of life. Weekdays provide easy access to downtown Seattle, making productivity seem effortless. On weekends, the pace slows down, with kayakers drifting on Lake Union and neighbors coming together at the local farmer’s market.
Listed by Cynthia Malone • North Pacific Properties
Listing updated: October 5, 2026 at 04:15pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2529447
Around this home
How much should you offer?
2366 E Yale Avenue E, Seattle, WA 98102
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
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.
Property details
Kitchen
- Tankless Water Heater
Layout
- 5-9 Units
- 450 sq ft garage
Flooring
- Engineered Hardwood
- Laminate
- Vinyl
Heating & cooling
- Baseboard heating
- Ductless heating
- Heat Pump heating
- Ductless cooling
- Heat Pump cooling
Schools
Ratings via SchoolDiggerSeattle School District
- Montlake Elementary SchoolPublic · Grades K-5 · State rank 63 of 1,13810/10
- Edmonds S. Meany Middle SchoolPublic · Grades 6-8 · State rank 185 of 5146/10
- Garfield High SchoolPublic · Grades 9-12 · State rank 38 of 39610/10
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
Multi-family facts
As entered by the listing broker on Northwest MLS
Units
- Total units
- 6
- Units in building
- 6
- Units below grade
- false
- Building square feet
- 4,113 sq ft
Income & expenses
- Gross scheduled income
- $122,014
- Total monthly income
- $12,240
- Gross adjusted income
- $122,014
- Net operating income
- $74,935
- Cap rate
- 3.76%
- Gross rent multiplier
- 16
- Total expenses
- $47,079
- Insurance
- $8,342
- Electric
- $1,055
- Fuel
- $969
- Other expenses
- $11,604
- Water / sewer / garbage paid by
- 9150
Taxes & assessment
- Annual taxes
- $15,959
- Tax year
- 2025
- Financing
- Cash, Conventional
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Sales & Tax Records for 2366 E Yale Avenue E
NWMLS via MLS GridEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Oct 5, 2026Price reducedNWMLS via MLS Grid · #2529447$1,750,000$425/sq ft
- Jun 2, 2026ListedNWMLS via MLS Grid · #2529447$1,950,000$474/sq ft
Mortgage payment forecast
$11,461 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
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Listing Broker: North Pacific Properties; Cynthia Malone; 425-359-3835; cynthia@northpacificproperties.com
Market pulse
Seattle is a buyer's market.
Inventory is rising and homes are sitting longer. Buyers have room to negotiate.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells for about 1% below list price.
Time on market: The average home goes pending in around 63 days.
Recent sales nearby
Within 1 mile · last 6 months$799,950 Sold
6 days ago
2 bd•2 ba•~998 sq ft•Single Family
2014 Fairview Avenue E #C, Seattle, WA 98102
0%
Over list
107
Days on market
0.3 mi
Distance
$1,870,000 Sold
6 days ago
4 bd•3 ba•~2,980 sq ft•Single Family
3127 Broadway E, Seattle, WA 98102
2%
Under list
77
Days on market
0.6 mi
Distance
$2,485,000 Sold
6 days ago
4 bd•3.5 ba•~3,717 sq ft•Single Family
1111 Bellevue Place E, Seattle, WA 98102
4%
Under list
66
Days on market
1.0 mi
Distance
$1,160,000 Sold
2 weeks ago
3 bd•2.25 ba•~1,675 sq ft•Single Family
2723 Yale Terrace Avenue E, Seattle, WA 98102
3%
Under list
83
Days on market
0.2 mi
Distance
$1,100,000 Sold
2 weeks ago
2 bd•2.5 ba•~1,510 sq ft•Single Family
2359 Yale Avenue E #A, Seattle, WA 98102
4%
Under list
60
Days on market
0.1 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 Oct 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of October 21, 2026 at 4:54 AM PT (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.
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© 2026 Northwest Multiple Listing Service. All rights reserved.
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