4001 NE 50th Street, Seattle, WA 98105
Local realty services provided by:CENTURY 21 Real Estate Center
Listed by: max frame
Office: kidder mathews
MLS#:2595724
Source:NWMLS
Price summary
- Price:$3,300,000
- Price per sq. ft.:$330.03
About this home
The John Henry Apartments presents an exceptional investment opportunity in Seattle's highly desirable Laurelhurst neighborhood. Located at 4001 NE 50th Street, this well-maintained, 14-unit apartment community offers convenient access to Seattle Children's Hospital, University Village, and the University of Washington. Built in 1961, the property features a desirable unit mix of nine one-bedroom and five two-bedroom apartments, averaging approximately 714 square feet. Property amenities include 14 off-street parking stalls, 14 individual tenant storage units, shared laundry facilities, and private patios in select units. Recent improvements include a new roof installed in 2019, double-pane vinyl windows, and updated LVP flooring in most units. Spacious floor plans and thoughtful updates enhance the property's appeal. Offered at $3,300,000, or approximately $236,000 per unit, The John Henry provides investors with strong in-place cash flow at a 5.9% cap rate, along with additional rental upside. Available for the first time in over 20 years, this is a rare opportunity to acquire a well-located multifamily asset in one of Seattle's premier residential neighborhoods....
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Home facts
- Year built:1961
- Subdivision & Development:Laurelhurst
- Listing ID #:2595724
- Updated:October 24, 2026 at 11:28 AM
Rooms and interior
- Living area:9,999 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Flat Roof
- Year built:1961
- Building area:9,999 sq. ft.
- Lot area:0.26 Acres
- Construction Materials:Brick Exterior Finish, Stucco Exterior Finish
Utilities
- Sewer:Sewer Connected
Finances and disclosures
- Price:$3,300,000
- Price per sq. ft.:$330.03
- Tax amount:$34,874 (2026)
Parking
- Total parking spaces:15
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