2318 Yale Avenue E, Seattle, WA 98102
Local realty services provided by:CENTURY 21 Real Estate Center
Listed by: michael urquhart, ben douglas
Office: paragon real estate advisors
MLS#:2518111
Source:NWMLS
2318 Yale Avenue E,Seattle, WA 98102
$3,095,000
- - Beds
- - Baths
- 8,850 sq. ft.
- Multi-family
- Active
Price summary
- Price:$3,095,000
- Price per sq. ft.:$349.72
About this home
The Jennifer Marie is a 10-unit apartment building located in the heart of Seattle’s Eastlake neighborhood. Built in 1969, the property features a mix of 1BD, 2BD, and 3BD units totaling 8,850 rentable square feet on a 6,600 square foot lot zoned LR3 (M). The building is in strong physical condition with major systems in great shape. New roof was installed in May 2025 and comes with a transferable warranty. 8 units received new luxury vinyl plank (LVP) flooring when they were turned over between late 2023 and early 2024. The kitchens and bathrooms across the building remain largely original, creating a clear renovation path in targeted improvements to push rents from the current average of $2,197 to a projected $2,663, a 21% increase. The building has 12 parking stalls (9 open and 3 covered tandem). 2 units are currently nonconforming. The Seller has invested in architectural plans and worked with the City of Seattle to prepare a legalization permit. The permit is teed up for a buyer to go to the city, pay the outstanding fees, and pick it up (buyer to verify)....
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Home facts
- Year built:1969
- Subdivision & Development:Eastlake
- Listing ID #:2518111
- Updated:August 22, 2026 at 11:43 AM
Rooms and interior
- Flooring:Laminate
- Living area:8,850 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Flat Roof
- Year built:1969
- Building area:8,850 sq. ft.
- Lot area:0.15 Acres
- Construction Materials:Stucco Exterior Finish, Wood Exterior Finish
Utilities
- Sewer:Sewer Connected
Finances and disclosures
- Price:$3,095,000
- Price per sq. ft.:$349.72
- Tax amount:$30,522 (2026)
Parking
- Total parking spaces:12
- Carport spaces:3
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