34 W Cremona Street Seattle, WA $ 2,800,000
34 W Cremona Street
$ 2,800,000
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34 W Cremona Street

Seattle, WA, 98119
$ 2,800,000
Bedrooms14 Baths11.0

Monthly Estimate*

$ 17,679

Listed by Lee & Associates Commercial RE
34 W Cremona Street, Seattle, WA 98119 - Image 1
34 W Cremona Street, Seattle, WA 98119 - Image 2
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34 W Cremona Street, Seattle, WA 98119 - Image 4
34 W Cremona Street, Seattle, WA 98119 - Image 5
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34 W Cremona Street, Seattle, WA 98119 - Image 8
34 W Cremona Street, Seattle, WA 98119 - Image 9
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34 W Cremona Street, Seattle, WA 98119 - Image 17
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Multi-Family Home for sale in Seattle, WA

for $2,800,000 with 14 bedrooms and 11 full baths. This home was built in 1961 on a lot size of 0.2204.

We are pleased to present the Cremona Apartments, an 11unit apartment community built in 1961, offered to the market fully vacant at closing. This rare delivery provides investors and owner-occupants alike the immediate ability to lease all units at current market rents, pursue targeted renovations, or both with no displacement concerns and no inherited lease obligations. The building offers a well-rounded unit mix of one studio, six one-bedrooms, one one-bedroom plus den, and three two-bedrooms, set on a quiet residential street with six surface parking spaces. The common area, which houses individual storage units and a shared laundry hookup, is generously proportioned and may present an opportunity to incorporate into the adjacent studio unit as additional net rentable space, buyer to verify. Centrally positioned between Ballard, Fremont, South Lake Union, and Downtown Seattle, residents enjoy convenient access to the city’s most active employment corridor, with Meta, Apple, Anthropic, Google, Amazon, and Expedia all within easy reach. The Cremona Apartments represent an immediate executable opportunity in one of Seattle’s most desirable and supply-constrained neighborhoods. Delivered vacant, priced for today’s market, and positioned within minutes of Seattle’s strongest employment and lifestyle anchors, this is a rare chance for a new owner to set rents, define the tenant profile, and reposition the asset from day one with zero friction.

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Multi-Family Active

Price

$ 2,800,000

Bedrooms

14

Full Bath

11

Property Type

Multi-Family

Taxes

$ 24,414

Style

10+ Units

Lot Size

0.2204

Year Built

1961

Town/City

Seattle

County/Region

King

MLS | Web ID

2550353

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing
Roof Flat
HOA Fee 0
Garage Spaces 0
Year Built 1961
View Territorial
Property Subtype Multi Family
Tax Year 2026
County King
Net Operating Income 158315
Insurance Expense 8800
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Queen Anne
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions From I-5 S Head toward Pasadena Pl NE. Turn right onto Stone Way N. Turn left onto N 34th St. Continue onto 4th Ave N. Turn Right onto Nickerson St. Turn Left.
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 9600
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional
Tax Annual Amount 24414
Electric Expense 0
Fuel Expense 0
Property Condition Very Good
Public Remarks We are pleased to present the Cremona Apartments an 11unit apartment community built in 1961 offered to the market fully vacant at closing. This rare delivery provides investors and owner-occupants a
Leasable Area 6417
Virtual Tour https://www.lee-associates.com/northwest/properties/?propertyId=1658331-sale&address=34-W-Cremona-St&officeId=2085
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Coin Op Laundry Storage
Units Below Grade false
Units In Building Total 11
Water Sewer Garbage 11000
Property Style 56 - 10+ Units
Cap Rate 5.65
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Exterior
Exterior Amenities Brick Cement/Concrete Wood
Lot Features Paved Sidewalk
Water Source Public
Total Parking 6
Foundation Details Poured Concrete
Building Area Total 0
Lot Size Acres 0.2204
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Parking Uncovered Total 6
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Interior
Flooring Laminate Carpet
Total Fireplaces 0
Total Stories 3
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 NWM2550353
Street Number 1 34
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* Excluded Features
List By
Dea Sumantri

Listing Agent

Lee & Associates Commercial Re

Broker

Affordability Calculator

$19,714
Per Month
90%
10%
0%
Monthly Principal & Interest
$17,679
Monthly Property Taxes
$2,035
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
257829 Elementary School
258279 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/7/2026$2,800,000 Listed Price

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34 W Cremona Street, Seattle, WA, 98119 is a Multi-Family Home for sale at $2,800,000 with a lot size of 0.2204. 34 W Cremona Street has 14 bedrooms, 11.0 baths, and was built in 1961. The property's zip code is 98119 which is in Seattle, WA