$1,675,000
Listed at $1,749,0003,760 sq ft
717 3rd Avenue N, Seattle, WA 98109
• Listed Jun 3, 2026
RexMont Market Signal for 717 3rd Avenue N
Sold price on recordRexMont Market Signal $1,675,000
Closed sale price · as of October 14, 2026, the day it sold.
Estimate, not an appraisal.
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID; King County Assessor records.
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Listing Broker: Blake Investment Advisors; Gabe Blake; 206-618-2207; gabe@blakeia.com
Buyer Broker: Blake Investment Advisors
About this home
$218K PER UNIT IN "A+" LOCATION WITH VALUE-ADD UPSIDE! | 717 3rd Ave N is an 8-unit apartment investment located on the desirable south slope of Queen Anne, offering residents walkable access to major employers, shopping, dining, the Space Needle, Seattle Center, and Climate Pledge Arena. The building was originally constructed in 1945 with wood framing and features copper plumbing, updated electrical panels, double-pane vinyl windows, brick veneer, and horizontal and vertical cedar lap siding. A private parking lot with eight stalls is located on the west side of the property. The building sits on a 7,860-square-foot lot zoned LR3, a popular low-rise zoning designation in Seattle that allows for the development of townhomes, apartments, and row houses. The property consists of eight one-bedroom, one-bathroom units, each averaging approximately 470 square feet. Each unit has been extensively updated with hardwood flooring, new granite countertops, electric baseboard heating, new cabinetry, new appliances, new lighting fixtures, new doors, and fully renovated bathroom fixtures. Additionally, two top-floor units feature private balconies. These efficient, modernized one-bedroom units are low-maintenance and require minimal capital investment upon turnover. An assumable loan with a 3.52% interest rate is available for qualified buyers.
Listed by Gabe Blake • Blake Investment Advisors
Listing updated: October 14, 2026 at 04:08pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2532678
Around this home
Property details
Layout
- 5-9 Units
Heating & cooling
- Baseboard heating
- None cooling
Schools
Ratings via SchoolDigger- John Hay Elementary SchoolPublic · Grades PK-5 · 0.4 mi · State rank 378 of 1,1386/10
- McClure Middle SchoolPublic · Grades 6-8 · 0.8 mi · State rank 36 of 51410/10
- The Center SchoolPublic · Grades 9-12 · 0.4 mi · State rank 28 of 39610/10
Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.
Multi-family facts
As entered by the listing broker on Northwest MLS
Units
- Total units
- 8
- Units in building
- 8
- Units below grade
- false
- Building square feet
- 3,760 sq ft
Income & expenses
- Gross scheduled income
- $144,240
- Total monthly income
- $12,633
- Additional monthly income
- $613
- Gross adjusted income
- $137,028
- Net operating income
- $88,628
- Cap rate
- 5.07%
- Gross rent multiplier
- 12.12
- Vacancy rate
- 5%
- Total expenses
- $56,680
- Insurance
- $5,382
- Other expenses
- $16,449
- Water / sewer / garbage paid by
- 10511
Parking & storage
- Parking spaces
- 8
- Uncovered parking
- 8
Taxes & assessment
- Annual taxes
- $24,338
- Tax year
- 2026
- Financing
- 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 717 3rd Avenue N
NWMLS via MLS Grid · King County AssessorEvery 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 14, 2026SoldNWMLS via MLS Grid · #2532678$1,675,000$445/sq ft
- Jul 13, 2026PendingNWMLS via MLS Grid · #2532678$1,749,000$465/sq ft
- Jun 3, 2026ListedNWMLS via MLS Grid · #2532678$1,749,000$465/sq ft
- Apr 27, 2009Recorded saleKing County recorder · Statutory warranty deed$900,000$239/sq ft
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 2% below list price.
Time on market: The average home goes pending in around 70 days.
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 15, 2026 at 2:07 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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