3232 15th Ave W

16
Baths
11,725 Sq. Ft.
$367 / Sq. Ft.
11,725
Sq. Ft.
$367
per Sq. Ft.

Description

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...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 that continues to attract young professionals and families. 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.
  1. Listed by Jonathan D. Bye • John L. Scott, Inc
    P: (253)-852-9200 transactions@jonbye.com

Property Details for 3232 15th Avenue West

Community Name
Queen Anne
School District
Seattle
Number of Assigned Spaces
15
Total Covered Parking
15
Entry Date
07-10-2026
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 07/10/2026 11:43 PM

Property Details for 3232 15th Avenue West

StatusActive
MLS #2552631
Days on Market4
Cumulative Days on Market4
Taxes$43,916 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built2011
Lot Size0.13 AC / 5,550 SF
CountyKing County

Location

Listing Courtesy of John L. Scott, Inc
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Building Information for 3232 15th Avenue West

Stories6Residences12Year Built2011Building Size-Lot Size0.13 AC / 5,550 SF

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Principal and Interest

$21,427

Property Taxes

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Property Information for 3232 15th Avenue West

Summary
Location and General Information
  • Style: 56 - 10+ Units
  • Area: 700 - Queen Anne/Magnolia
  • Directions: From I5 take the exit for Mercer. Stay straight t go on Mercer. Mercer becomes W Mercer Pl. Slight R on Elliott Ave W. Elliott Ave W becomes 15th Ave W. Keep R at fork. Property is on the R.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Garage Spaces: 15.0
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking: No
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Laminate, Vinyl, Carpet
  • Amenities: Elevator,Storage
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Forced Air
Exterior Features
  • Exterior: Brick, Wood, Wood Products
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 40670
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Preliminary Title Ordered: No
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 19
Lot Information
  • Lot Details: Curbs, Paved, Sidewalk
  • Lot Size Source: Title
  • Parcel Number Free Text: 2770603575
  • Calculated Square Footage: 11725
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 11725.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Total Uncovered Parking: 0
  • Number of Stories in Building: 6
  • Vacancy Rate: 5
  • Number Of Units Total: 12
  • Units Below Grade: false
  • Units In Building Total: 14
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 143224
  • Gross Adjusted Income: 318231
  • Gross Rent Multiplier: 12.84
  • Gross Scheduled Income: $334,980
  • Insurance Expense: $12,139
  • Net Operating Income: $261,763
  • Other Expenses: $46,499
  • Total Monthly Income: 33749
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 201
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 748
  • Rent Unit 1: $1,895.00
  • Bedrooms Unit 1: 1
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 202
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 761
  • Rent Unit 2: $1,895.00
  • Bedrooms Unit 2: 1
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 301
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 821
  • Rent Unit 3: $2,525.00
  • Bedrooms Unit 3: 2
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 302
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 440
  • Rent Unit 4: $1,550.00
  • Bedrooms Unit 4: 0
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 401
  • Washer/Dryer Unit 5: true
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: true
  • Square Feet Unit 5: 821
  • Rent Unit 5: $2,525.00
  • Bedrooms Unit 5: 2
  • Fireplaces Unit 5: 0
  • Bathrooms Unit 5: 1
Unit 6
  • Name Unit 6: 402
  • Washer/Dryer Unit 6: true
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: true
  • Square Feet Unit 6: 1171
  • Rent Unit 6: $2,750.00
  • Bedrooms Unit 6: 2
  • Fireplaces Unit 6: 0
  • Bathrooms Unit 6: 2
Unit 7
  • Name Unit 7: 403
  • Square Feet Unit 7: 1171
  • Rent Unit 7: $2,750.00
  • Bedrooms Unit 7: 2
  • Bathrooms Unit 7: 2
Unit 8
  • Name Unit 8: 501
  • Square Feet Unit 8: 821
  • Rent Unit 8: $2,525.00
  • Bedrooms Unit 8: 2
  • Bathrooms Unit 8: 1
Unit 9
  • Name Unit 9: 502
  • Square Feet Unit 9: 649
  • Rent Unit 9: $1,800.00
  • Bedrooms Unit 9: 1
  • Bathrooms Unit 9: 1
Unit 10
  • Name Unit 10: 503
  • Square Feet Unit 10: 661
  • Rent Unit 10: $1,800.00
  • Bedrooms Unit 10: 1
  • Bathrooms Unit 10: 1
Unit 11
  • Name Unit 11: 504
  • Square Feet Unit 11: 1370
  • Rent Unit 11: $2,950.00
  • Bedrooms Unit 11: 2
  • Bathrooms Unit 11: 2
Unit 12
  • Name Unit 12: 505
  • Square Feet Unit 12: 1370
  • Rent Unit 12: $2,950.00
  • Bedrooms Unit 12: 2
  • Bathrooms Unit 12: 2
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 11725.0

Property History for 3232 15th Avenue West

DateEvent & SourcePriceAppreciation
Jul 10, 2026

Listed (Active)

NWMLS #2552631

$4,300,000
Oct 19, 2016

Sold

NWMLS #969157

$4,500,000
Oct 18, 2016

Sold (Public Record)

Public Record #580829014

$4,495,000

+49.6% / yr

DateEvent & SourcePrice
07/10/2026

Listed (Active)

NWMLS #2552631

$4,300,000
10/19/2016

Sold

NWMLS #969157

$4,500,000
10/18/2016

Sold (Public Record)

Public Record #580829014

$4,495,000

+49.6% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 3232 15th Avenue West

Taxable ValueLand$971,200Additions$3,171,800Total$4,143,000
Tax Record2025$42,360 ($3,530 / month)
Home Facts
Total Finished SqFt10,704 SqFtAbove Ground SqFt10,704 SqFtStories6Lot Size5,550 SqFtStyleOffice BuildingYear Built2005Year Renovated2007ZoningNC3-55 (M)CountyKINGAPN277060-3575

Schools near 3232 15th Avenue West

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
Coe Elementary School
PublicK to 5

McClure Middle School
Public6 to 8

Lincoln High School
Public9 to 12

Residential Consortium
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

3232 15th Avenue West is a multi-family home for sale in Seattle, WA 98119. This property was listed for sale on July 10, 2026 by John L. Scott, Inc, it's currently listed at $4,300,000. It has been on the market for a total of 4 days and was last sold on October 19, 2016. This listing's school district is Seattle Public Schools. Nearby schools include Coe Elementary School, McClure Middle School and Lincoln High School. 3232 15th Avenue West is a 18-bed, 16-bath, 11,725 sqft multi-family home built in 2011.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of John L. Scott, Inc

Based on information submitted to the MLS GRID as of 07/10/2026 11:43 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.