1012 Queen Anne Avenue N Seattle, WA $ 5,795,000
1012 Queen Anne Avenue N
$ 5,795,000
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1012 Queen Anne Avenue N

Seattle, WA, 98109
$ 5,795,000
Bedrooms27 Baths24.0 Sq 16,450

Monthly Estimate*

$ 40,025

Listed by Paragon Real Estate Advisors
1012 Queen Anne Avenue N, Seattle, WA 98109 - Image 1
1012 Queen Anne Avenue N, Seattle, WA 98109 - Image 2
1012 Queen Anne Avenue N, Seattle, WA 98109 - Image 3
1012 Queen Anne Avenue N, Seattle, WA 98109 - Image 4
1012 Queen Anne Avenue N, Seattle, WA 98109 - Image 5
1012 Queen Anne Avenue N, Seattle, WA 98109 - Image 6
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1012 Queen Anne Avenue N, Seattle, WA 98109 - Image 8
1012 Queen Anne Avenue N, Seattle, WA 98109 - Image 9
1012 Queen Anne Avenue N, Seattle, WA 98109 - Image 10
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1012 Queen Anne Avenue N, Seattle, WA 98109 - Image 12
1012 Queen Anne Avenue N, Seattle, WA 98109 - Image 13
1012 Queen Anne Avenue N, Seattle, WA 98109 - Image 14
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1012 Queen Anne Avenue N, Seattle, WA 98109 - Image 20
1012 Queen Anne Avenue N, Seattle, WA 98109 - Image 21

Multi-Family Home for sale in Seattle, WA

for $5,795,000 with 27 bedrooms and 24 full baths. This 16,450 square foot home was built in 1913 on a lot size of 0.2204.

Excellent opportunity to acquire a historic 24-unit community on the coveted South Slope of Seattle’s Queen Anne neighborhood. Built in 1913, this classic wood-framed brick building pairs timeless character with modern comfort. The Montanita offers a well-balanced mix of studio, one-bedroom, and two-bedroom floor plans with broad appeal to the area’s renter base. Units are light-filled, with hardwood floors and ample closet space. The two-bedroom units include both an eating nook off the kitchen as well as a formal dining room. Upper-floor units enjoy views of Elliott Bay, the downtown skyline, and the Space Needle. Many units feature thoughtfully updated interiors while preserving the building’s original charm, including classic built-ins and French glass doors between the dining and living rooms. Situated between Lower and Upper Queen Anne, the Montanita offers an exceptional urban lifestyle defined by walkability and convenience, reflected in its Walk Score of 94, a true “Walker’s Paradise.” Kerry Park, home to Seattle’s most iconic skyline views, is just blocks away, as are Seattle Center, the Space Needle, and Climate Pledge Arena, home of the Seattle Kraken. Residents also have an abundance of cafés, acclaimed restaurants, boutiques, and bars at their doorstep, along with a Trader Joe’s just a short walk away.

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Multi-Family Active

Price

$ 5,795,000

Bedrooms

27

Full Bath

24

Property Type

Multi-Family

Taxes

$ 56,514

Style

10+ Units

Lot Size

0.2204

Year Built

1913

Town/City

Seattle

County/Region

King

MLS | Web ID

2591149

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing Subject To Tenant Rights
Roof Flat
HOA Fee 0
Garage Spaces 0
Year Built 1913
View Bay City
Property Subtype Multi Family
Tax Year 2026
County King
Net Operating Income 195304
Insurance Expense 14313
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 I5 take the Mercer St exit. Straight on Mercer. Right on 5th Ave N. Left on Prospect St. Left on 1st Ave N Right on Prospect. Property is on the left.
City Seattle
Senior Community Y/N N
High School District Seattle
Zoning Description Multi-Family
Number Of Units Total 24
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 Owner Will Carry
Tax Annual Amount 56514
Electric Expense 0
Fuel Expense 0
Public Remarks Excellent opportunity to acquire a historic 24-unit community on the coveted South Slope of Seattles Queen Anne neighborhood. Built in 1913 this classic wood-framed brick building pairs timeless char
Leasable Area 16450
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Coin Op Laundry
Units Below Grade false
Units In Building Total 24
Water Sewer Garbage 43074
Property Style 56 - 10+ Units
Cap Rate 5.77
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Exterior
Exterior Amenities Brick Wood Products
Water Source Public
Total Parking 0
Foundation Details Poured Concrete
Building Area Total 16450
Lot Size Acres 0.2204
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Parking Uncovered Total 0
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Interior
Flooring Laminate Vinyl
Total Fireplaces 0
Total Stories 5
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 NWM2591149
Street Number 1 1012
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* Excluded Features
List By
Cathy Jeney

Listing Agent

Paragon Real Estate Advisors

Broker

cjeney@paragonrea.com

Email

Affordability Calculator

$44,734
Per Month
89%
11%
0%
Monthly Principal & Interest
$40,025
Monthly Property Taxes
$4,710
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
10/7/2026$5,795,000 Listed Price

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1012 Queen Anne Avenue N, Seattle, WA, 98109 is a Multi-Family Home for sale at $5,795,000 with 16,450 sqft and a lot size of 0.2204. 1012 Queen Anne Avenue N has 27 bedrooms, 24.0 baths, and was built in 1913. The property's zip code is 98109 which is in Seattle, WA