840 W Nickerson Street Seattle, WA $ 3,000,000
840 W Nickerson Street
$ 3,000,000
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840 W Nickerson Street

Seattle, WA, 98119
$ 3,000,000
Baths0.0 Sq 6,921

Monthly Estimate*

$ 18,472

Listed by Pacific Crest
840 W Nickerson Street, Seattle, WA 98119 - Image 1
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840 W Nickerson Street, Seattle, WA 98119 - Image 13
840 W Nickerson Street, Seattle, WA 98119 - Image 14
Studio

Multi-Family Home for sale in Seattle, WA

for $3,000,000. This 6,921 square foot home was built in 1960 on a lot size of 0.1508.

Marine Vista -- a premier 11-unit apartment community located at 840 W Nickerson St, Seattle, WA 98119. Situated in the highly sought-after North Queen Anne submarket, Marine Vista offers an exceptional location overlooking the Lake Washington Ship Canal, providing residents with a unique blend of maritime charm and urban convenience. This offering presents a rare opportunity to acquire a boutique asset in one of Seattle’s most resilient and supply-constrained neighborhoods. Marine Vista is ideally positioned within walking distance to Seattle Pacific University and the vibrant Fremont tech hub, ensuring a consistent and high-quality tenant base. The investment provides a clear path for a strategic value-add program. A new investor will have the ability to implement targeted interior renovations and modern amenity upgrades to capture significant rental upside, bringing the property in line with top-of-market competitors. With its irreplaceable location and strong fundamentals, Marine Vista is poised to deliver robust long-term appreciation and enhanced cash flow for a sophisticated investor.

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Multi-Family Active

Price

$ 3,000,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 24,512

Style

10+ Units

Lot Size

0.1508

Year Built

1960

Town/City

Seattle

County/Region

King

MLS | Web ID

2508089

Features
General
Living Area 0
Sewer Sewer Connected
Heating Wall Furnace
Cooling None
Possession Closing
Roof Flat Torch Down
HOA Fee 0
Garage Spaces 0
Year Built 1960
View Canal
Property Subtype Multi Family
Tax Year 2025
County King
Net Operating Income 156113
Insurance Expense 6264
New Construction N
Property Type Residential Income
HOA N
Energy Efficient Thermal Windows
Subdivision Name Queen Anne
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions From I-5 take the Mercer St exit. Follow signs for Mercer St/Seattle Center. Turn right onto Dexter Ave N then left onto W Nickerson St. The property will be on your left at 840 W Nickerson St.
High School Lincoln High
City Seattle
Senior Community Y/N N
High School District Seattle
Zoning Description Multi-Family
Number Of Units Total 11
MLS Area 700 - Queen Anne/Magnolia
Lot Size Units Square Feet
Lot Size Square Feet 6570
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional
Elementary School Frantz Coe Elementary
Tax Annual Amount 24512
Electric Expense 1074
Fuel Expense 0
Middle/Junior High School Mc Clure Mid
Property Condition Good
Public Remarks Marine Vista -- a premier 11-unit apartment community located at 840 W Nickerson St Seattle WA 98119. Situated in the highly sought-after North Queen Anne submarket Marine Vista offers an exceptional
Leasable Area 6921
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Coin Op Laundry Storage Thermal Windows
Water Company Seattle Public Utilities
Units Below Grade false
Units In Building Total 11
Water Sewer Garbage 17860
Property Style 56 - 10+ Units
Cap Rate 5.2
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Exterior
Exterior Amenities Wood Products
Lot Features Curbs Paved Sidewalk
Water Source Public
Total Parking 11
Foundation Details Slab
Building Area Total 6921
Lot Size Acres 0.1508
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Cable TV Deck High Speed Internet
Parking Uncovered Total 11
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Interior
Flooring Vinyl Plank Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2508089
Street Number 1 840
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* Excluded Features
List By
Alfred Anderson

Listing Agent

Pacific Crest

Broker

Affordability Calculator

$20,514
Per Month
90%
10%
0%
Monthly Principal & Interest
$18,472
Monthly Property Taxes
$2,043
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3691729 Elementary School
258511 Middle School
Lincoln High High School
Pricing History
DatePricePrice ChangeDescription
4/22/2026$3,000,000 Listed Price

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840 W Nickerson Street, Seattle, WA, 98119 is a Multi-Family Home for sale at $3,000,000 with 6,921 sqft and a lot size of 0.1508. 840 W Nickerson Street is a studio with 0.0 baths and was built in 1960. The property's zip code is 98119 which is in Seattle, WA