4218 Pasadena Place NE Seattle, WA $ 3,200,000
4218 Pasadena Place NE
$ 3,200,000
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4218 Pasadena Place NE

Seattle, WA, 98105
$ 3,200,000
Bedrooms16 Baths8.0 Sq 8,208

Monthly Estimate*

$ 20,205

Listed by Real Broker LLC
4218 Pasadena Place NE, Seattle, WA 98105 - Image 1
4218 Pasadena Place NE, Seattle, WA 98105 - Image 2
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4218 Pasadena Place NE, Seattle, WA 98105 - Image 19

Multi-Family Home for sale in Seattle, WA

for $3,200,000 with 16 bedrooms and 8 full baths. This 8,208 square foot home was built in 1927 on a lot size of 0.1778.

Pasadena Place is a rare eight-unit multifamily opportunity located just minutes from the University of Washington, consisting of five townhomes and one triplex across three buildings. The property offers a desirable mix of spacious 2-, 3-, and 4-bedroom units averaging approximately 1,000 square feet, creating broad rental appeal in a high-demand neighborhood. All units in the triplex and one townhome have been recently renovated, while the remaining townhomes present a clear value-add opportunity through interior upgrades. Pasadena Place offers investors both stable in-place cash flow and future rental upside.

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Multi-Family Active

Price

$ 3,200,000

Bedrooms

16

Full Bath

8

Property Type

Multi-Family

Taxes

$ 27,306

Style

5-9 Units

Lot Size

0.1778

Year Built

1927

Town/City

Seattle

County/Region

King

MLS | Web ID

2552535

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard Forced Air
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Garage Spaces 0
Year Built 1927
Property Subtype Multi Family
Tax Year 2026
County King
Net Operating Income 199561
Insurance Expense 4500
New Construction N
Property Type Residential Income
HOA N
Subdivision Name University District
Special Listing Conditions None
Status Active
Directions GPS works
City Seattle
Senior Community Y/N N
High School District Seattle
Number Of Units Total 6
MLS Area 710 - North Seattle
Lot Size Units Square Feet
Lot Size Square Feet 7745
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional
Tax Annual Amount 27306.67
Electric Expense 5031
Fuel Expense 5031
Public Remarks Pasadena Place is a rare eight-unit multifamily opportunity located just minutes from the University of Washington consisting of five townhomes and one triplex across three buildings. The property of
Leasable Area 8208
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Coin Op Laundry
Units Below Grade false
Units In Building Total 8
Water Sewer Garbage 5031
Property Style 55 - 5-9 Units
Cap Rate 6.24
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Exterior
Exterior Amenities Wood Wood Products
Water Source Public
Total Parking 6
Foundation Details Poured Concrete
Building Area Total 8208
Lot Size Acres 0.1778
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Parking Uncovered Total 6
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Interior
Flooring Vinyl Plank Carpet
Total Fireplaces 0
Total Stories 3
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2552535
Street Number 1 4218
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* Excluded Features
List By
Coleton Alexander Pantley

Listing Agent

Real Broker Llc

Broker

Affordability Calculator

$22,481
Per Month
90%
10%
0%
Monthly Principal & Interest
$20,205
Monthly Property Taxes
$2,276
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
7/9/2026$3,200,000 Listed Price

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4218 Pasadena Place NE, Seattle, WA, 98105 is a Multi-Family Home for sale at $3,200,000 with 8,208 sqft and a lot size of 0.1778. 4218 Pasadena Place NE has 16 bedrooms, 8.0 baths, and was built in 1927. The property's zip code is 98105 which is in Seattle, WA