Come see all that Eastbay Apartments has to offer! A boutique mixed-use investment opportunity located in Seattle’s desirable West Queen Anne neighborhood. Built in 2011, the Property consists of 12 multifamily units & two ground floor commercial spaces, offering investors diversified income within one of Seattle's most sought after urban sub markets. The Property features a well-balanced unit mix including one studio unit, four one-bedroom units, three two-bedroom/one-bath units, two two-bedroom/two-bath units, and two top-floor two-bedroom/two-and-a-half-bath townhome units with private rooftop decks. The units feature spacious layouts & premium interior finishes, including in-unit washer/dryers, granite countertops, stainless-steel appliances & modern cabinetry designed to appeal to Seattle’s professional renter demographic. Eastbay Apartments benefits from its strategic location in West Queen Anne with convenient access to Seattle’s major employment centers including South Lake Union, Downtown Seattle, Ballard, and Interbay. The surrounding neighborhood provides residents with proximity to Magnolia’s parks, waterfront amenities, restaurants, and neighborhood retail destinations, creating a strong live-work-play environment. The Property also includes two levels of secured garage parking with 15 spaces and 12 on-site storage units, enhancing tenant convenience and supporting long-term occupancy stability.
Property is move-in ready.
Built in 2011, the property is 15 years old, placing it in the 'Good' category. It features well-maintained, functional interiors with premium finishes such as granite countertops, stainless-steel appliances, and modern cabinetry that remain move-in ready.
The boutique mixed-use configuration featuring 12 residential units and two commercial spaces offers investors a balanced and diversified income profile within a high-demand submarket.
Built in 2011, the units feature premium upgrades including granite countertops, stainless steel appliances, and private rooftop decks that cater specifically to Seattle's professional renter demographic.
The inclusion of 15 secured garage parking spaces and 12 on-site storage units provides a significant competitive advantage and supports long-term occupancy stability in a dense urban area.
With 77 days on the market, the property may face perception challenges regarding its current valuation or specific buyer requirements in the current interest rate environment.
The ground-floor commercial components introduce exposure to the retail market, which can carry higher vacancy risks and longer leasing cycles compared to the residential units.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 10,704 | 5,554.5 |
| Lot Size | 5,550 | 10,915.5 |
| Price | $4.30M | $2.88M |
| Price per sq ft | $402 | $491 |
| Built year | 2011 | 1961 |
| HOA | $0 | $0 |
| Days on market | 106 | 124 |
Jul 10, 2026
$4,300,000
Initial Listing