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8214 Greenwood Ave N
Multi-Family
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$5,500,000

$324/sqft

8214 Greenwood Ave N, Seattle

Great $/sqft
7 bd·7 ba·16,974 sqft
Built 191212,628 sqft lotGreenwood

8214 Greenwood Ave N, Seattle, WA

7 bd · 7 ba · 16,974 sqft Multi-Family listed at $5,500,000, built in 1912 in the Greenwood neighborhood.

About this home

Acquire this stabilized high-performing asset in Greenwood-one of Seattle's most desirable neighborhoods. Ideally located within walking distance of major bus routes and downtown Greenwood's vibrant retail, dining, and entertainment scene, this mixed-use property features 5 ground-floor retail spaces fronting Greenwood Ave with excellent visibility and foot traffic. The residential portion includes 7 well-appointed apartments: 3 one-bedrooms, 2 studios, and 2 two-bedrooms, plus 21 dedicated parking spaces and on-site laundry. With strong cash flow and a prime location, this turnkey investment offers immediate income in a high-demand market. The parcel is zoned NC2P-55, allowing for future development potential-buyer to verify.

Property details

Price
$5,500,000
Bedrooms
7
Bathrooms
7
Interior
16,974 sqft
Price / sqft
$324
Year built
1912
Lot size
12,628 sqft
Type
Multi-Family
Days on market
347
Est. property tax
$51,150/yr · $4,263/mo · 0.93% WA avg
Last sold
$4,200,000 · Jan 2022

Estimated monthly payment

Down payment20% ($1,100,000)
Interest rate6.75%
Principal & Interest$28,538
Property Tax$5,042
Insurance$150
Total$33,730/mo

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Price history

$6.00M$2.99M$-30K$473K on Sep 93 (Sold)$1.58M on Nov 05 (Sold)$4.20M on Jan 22 (Sold)$5.50M on May 25 (Initial list)
$473K · Sep 93$5.50M · May 25
  1. May 14, 2025$5,500,000Initial list price
  2. Jan 24, 2022$4,200,000Sold
  3. Nov 21, 2005$1,583,910Sold
  4. Sep 29, 1993$472,828Sold

Location

This home is located in Seattle, WA. Browse more Seattle listings on the Seattle market page or explore the full Seattle market report.

Home Intelligence

Neighborhood (zip 98103)

This neighborhood is highly educated (44% hold a bachelor's degree). Median age is 33.5; 43% of homes are owner-occupied; median household income is $122,656.

Median income
$122,656
Median age
33.5
Owner-occupied
43.3%
Bachelor's degree
44.3%
Census median home value
$970,100

Source: US Census Bureau American Community Survey 5-year estimates.

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