Listing provided courtesy of Windermere Real Estate Co.NWMLSas Distributed by MLSGrid- MLS# NWM2535620MLS Provider

2800 NE 55th StreetSeattle, WA 98105

Multi-Family · 12 Beds · 3,864 Sq. ft. | 0.14 Acres
$2,218,000 Active

2800 NE 55th Street Overview

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This well-maintained multifamily property in Seattle’s highly desirable Bryant neighborhood presents a rare opportunity to acquire 12 spacious, light-filled units, which have been thoughtfully renovated. The property's generous unit layouts and private residential feel contribute to strong tenant appeal and long-term occupancy in one of Northeast Seattle’s most sought-after submarkets. Ideally located just steps from the bus service and Light Rail and within minutes walk to University Village, Seattle Children’s Hospital, and the University of Washington. The property offers residents exceptional connectivity, convenience, and access to major employment and lifestyle amenities. Adding to its investment appeal, the property is zoned NC2P-55 (Neighborhood Commercial 2 with Pedestrian Overlay), allowing for mixed-use development with a 55-foot height limit. This zoning supports pedestrian-oriented commercial uses at the street level with residential units above, creating significant future redevelopment potential. Investors have the opportunity to benefit from strong in-place cash flow while positioning the asset for higher-density, transit-oriented development in a rapidly growing urban corridor.

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2800 NE 55th Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,864
  • Price/Sq.ft. $574
  • Lot 0.14 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Seattle
  • Elementary School: Bryant
  • Middle Or Junior School: Eckstein Mid
  • High School: Roosevelt High

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Scheduled Income: 174643
  • Insurance Expense: 19200
  • Net Operating Income: 102104
  • Total Expenses: 71539
  • Total Monthly Income: 0
  • Water/Sewer/Garbage: 32001

Building Information

  • New Construction: No
  • Year Built: 1955

Location/Region

  • Country: US
  • County Or Parish: King
  • MLS Area Major: 710 - North Seattle
  • Subdivision Name: Bryant

Tax Information

  • Tax Annual Amount: $20,338.00
  • Tax Year: 2025

General Information

  • Listing Terms: Cash, Conventional
  • Parcel Number: 7171200475
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 3864
  • Building Area Units: Square Feet
  • Calculated Square Footage: 3864
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Hardwood, Vinyl, Carpet
  • Foundation Details: Poured Concrete
  • Heating: Yes
  • Leasable Area: 3864
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric
  • Stories Total: 1

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 0
  • Parking Uncovered Total: 0

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Curbs, Paved, Sidewalk
  • Lot Size Acres: 0.1449
  • Lot Size Square Feet: 6313
  • Lot Size Units: Square Feet
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Roof: Composition
  • Structure Type: Multi Family

General Information

  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: 0
  • Exterior Features: Brick, Wood
  • Number Of Units Total: 12
  • Sewer: Sewer Connected

Unit Information

Unit 3 Details

  • Actual Rent: 1245
  • Beds Total: 1
  • Baths Total: 1

Unit 10 Details

  • Actual Rent: 1275
  • Beds Total: 1
  • Baths Total: 1

Unit 11 Details

  • Actual Rent: 1295
  • Beds Total: 1
  • Baths Total: 1

Unit 12 Details

  • Actual Rent: 1295
  • Beds Total: 1
  • Baths Total: 1

Unit 4 Details

  • Actual Rent: 1295
  • Beds Total: 1
  • Baths Total: 1

Unit 5 Details

  • Actual Rent: 1295
  • Beds Total: 1
  • Baths Total: 1

Unit 1 Details

  • Actual Rent: 1295
  • Beds Total: 1
  • Baths Total: 1

Unit 2 Details

  • Actual Rent: 1295
  • Beds Total: 1
  • Baths Total: 1

Unit 8 Details

  • Actual Rent: 1295
  • Beds Total: 1
  • Baths Total: 1

Unit 9 Details

  • Actual Rent: 1295
  • Beds Total: 1
  • Baths Total: 1

Unit 7 Details

  • Actual Rent: 1299
  • Beds Total: 1
  • Baths Total: 1

Unit 6 Details

  • Actual Rent: 1395
  • Beds Total: 1
  • Baths Total: 1

2800 NE 55th Street Neighborhood

Community

98105 (Seattle) Demographics

24
Median Age
8,067
Population Density (per sq. mile)
81%
College Educated
$67,449
Estimated Median Income
5,615
Estimated Total Home Owners
11,717
Estimated Total Renters
32% / 68%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2800 NE 55th Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2800 NE 55th Street Market Data

Based on the last 30 days in this zip code

$1,697,999
Average List Price
$764
Average Price per Square Foot
23
Properties Sold
60
Average Days on Market
124
Properties for Sale
Calculations provided by Reliance Network