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2318 Yale Avenue E, Seattle, WA 98102

Seattle
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...

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Home facts

  • Year built:1969
  • Subdivision & Development:Eastlake
  • Listing ID #:2518111
  • Updated:October 05, 2026 at 11:29 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
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of October 5, 2026. 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 is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

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