3510 W Elmore St

Seattle, WA 98199

$2,400,000
Price
13
Beds
8
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Listing provided courtesy of Lee & Associates Commercial RE
Source: Northwest MLS

Description

We are pleased to present Twin Cedars Apartments, an 8-unit apartment built in 1968 in Seattle’s coveted Magnolia neighborhood, within steps of Discovery Park. The building offers 31BD averaging 732SF and 5 2BD averaging 967SF, with efficient floor plans. With 2BD units comprising 63% of the building, the unit mix is squarely aligned with the unit type that drives the strongest tenant demand and longest retention across Seattle’s rental market. _of the 8 units have been updated with stone countertops...We are pleased to present Twin Cedars Apartments, an 8-unit apartment built in 1968 in Seattle’s coveted Magnolia neighborhood, within steps of Discovery Park. The building offers 31BD averaging 732SF and 5 2BD averaging 967SF, with efficient floor plans. With 2BD units comprising 63% of the building, the unit mix is squarely aligned with the unit type that drives the strongest tenant demand and longest retention across Seattle’s rental market. _of the 8 units have been updated with stone countertops and LVP flooring, delivering a modernized interior foundation. Roof replaced and cedar siding resided in 2020 keep the exterior in sound condition, and a newly improved bike storage room adds a practical amenity that current ownership has not yet monetized. Parking income similarly remains uncaptured, giving a new owner immediate, low-effort revenue opportunities from day one. Twin Cedars operates with discipline already in place. RUBS and pet rent keep utility costs off the owner’s bottom line, and a stable, long-tenured tenant base reflects both the building’s quality and the neighborhood’s enduring appeal. With in-place rents close to market, the clearest path to income growth is the addition of in-unit laundry upon turnover. Comparable Magnolia buildings demonstrate rental premiums of 15% or more from this single upgrade, and combined with parking and bike storage activation, the income levers are identified, accessible, and ready for a new owner to execute.
  1. Listed by Dea Sumantri • Lee & Associates Commercial RE
    P: (206)-773-2696 dsumantri@lee-associates.com
  2. Listed by Candice Chevaillier • Lee & Associates Commercial RE
    P: (206)-773-2696 candice@lee-associates.com

Property Details for 3510 West Elmore Street

Community Name
Magnolia
School District
Seattle
View
Territorial
Number of Assigned Spaces
8
Total Covered Parking
0
Entry Date
06-09-2026
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 06/09/2026 04:59 PM

Property Details for 3510 West Elmore Street

StatusActive
MLS #2537323
Days on Market5
Cumulative Days on Market5
Taxes$22,734 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1968
Lot Size0.16 AC / 6,960 SF
CountyKing County
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of Lee & Associates Commercial RE
Add your commute

Building Information for 3510 West Elmore Street

Stories3Residences8Year Built1968Building Size-Lot Size0.16 AC / 6,960 SF

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$13,854 per month

30 year fixed, 6.36% Interest

Principal and Interest

$11,959

Property Taxes

$1,895

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 3510 West Elmore Street

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Site Features: Deck
  • Area: 700 - Queen Anne/Magnolia
  • Effective Year Built Source: Public Records
  • Directions: Heading West on W Nickerson St, turn Left onto W Emerson St, Turn Right onto Gilman Ave W, Continue onto W Government Way, Turn Left onto 36th Ave W, Turn Left onto W Elmore St.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2026
Parking
  • Garage Spaces: 0.0
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking: No
Virtual Tour
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: Vinyl Plank
  • Amenities: Storage
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition, Flat, Torch Down
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 11454
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Remarks: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1992
  • Photos Count: 14
Lot Information
  • Lot Details: Alley, Dead End Street, Paved
  • Lot Size Source: King County
  • Parcel Number Free Text: 4235400605
  • Building Condition: Very Good
  • Calculated Square Footage: 0
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 0.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Total Uncovered Parking: 8
  • Number of Stories in Building: 3
  • Vacancy Rate: 5
  • Number Of Units Total: 8
  • Units Below Grade: true
  • Units In Building Total: 8
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 62385
  • Gross Adjusted Income: 175265
  • Gross Rent Multiplier: 13
  • Gross Scheduled Income: $184,489
  • Insurance Expense: $7,142
  • Net Operating Income: $126,733
  • Other Expenses: $21,055
  • Total Monthly Income: 15760
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 722
  • Rent Unit 1: $1,860.00
  • Bedrooms Unit 1: 1
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 2
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 967
  • Rent Unit 2: $2,150.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 101
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 732
  • Rent Unit 3: $1,850.00
  • Bedrooms Unit 3: 1
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 102
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 967
  • Rent Unit 4: $2,195.00
  • Bedrooms Unit 4: 2
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 103
  • Washer/Dryer Unit 5: true
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: true
  • Square Feet Unit 5: 967
  • Rent Unit 5: $1,811.00
  • Bedrooms Unit 5: 2
  • Fireplaces Unit 5: 0
  • Bathrooms Unit 5: 1
Unit 6
  • Name Unit 6: 201
  • Washer/Dryer Unit 6: true
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: true
  • Square Feet Unit 6: 732
  • Rent Unit 6: $1,775.00
  • Bedrooms Unit 6: 1
  • Fireplaces Unit 6: 0
  • Bathrooms Unit 6: 1
Unit 7
  • Name Unit 7: 202
  • Washer/Dryer Unit 7: true
  • Range/Oven Unit 7: true
  • Refrigerator Unit 7: true
  • Dishwasher Unit 7: true
  • Square Feet Unit 7: 967
  • Rent Unit 7: $2,275.00
  • Bedrooms Unit 7: 2
  • Fireplaces Unit 7: 0
  • Bathrooms Unit 7: 1
Unit 8
  • Name Unit 8: 203
  • Washer/Dryer Unit 8: true
  • Range/Oven Unit 8: true
  • Refrigerator Unit 8: true
  • Dishwasher Unit 8: true
  • Square Feet Unit 8: 967
  • Rent Unit 8: $1,975.00
  • Bedrooms Unit 8: 2
  • Fireplaces Unit 8: 0
  • Bathrooms Unit 8: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 7021.0

Property History for 3510 West Elmore Street

DateEvent & SourcePriceAppreciation
Jun 9, 2026

Listed (Active)

NWMLS #2537323

$2,400,000—
Aug 18, 2011

Sold (Public Record)

Public Record #314801893

$1,023,750—
DateEvent & SourcePrice
06/09/2026

Listed (Active)

NWMLS #2537323

$2,400,000
08/18/2011

Sold (Public Record)

Public Record #314801893

$1,023,750

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

Public Records for 3510 West Elmore Street

Taxable ValueLand$1,252,800Additions$932,200Total$2,185,000
Tax Record2025$22,734 ($1,894 / month)
Home Facts
Total Finished SqFt7,032 SqFtAbove Ground SqFt7,032 SqFtStories2Lot Size6,960 SqFtStyleMulti-Family Dwelling (2-4)Year Built1968Year Renovated1992ZoningLR3 (M)CountyKINGAPN423540-0605

Schools near 3510 West Elmore Street

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
Lawton Elementary School
Public - K to 5
McClure Middle School
Public - 6 to 8
Ballard High School
Public - 9 to 12
Licton Springs K-8
Public - PK to 8
Rating
School
Distance
Lawton Elementary School
PublicK to 5

McClure Middle School
Public6 to 8

Ballard High School
Public9 to 12

Licton Springs K-8
PublicPK to 8

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.

Magnolia
Magnolia
Get to know the unique charms of the community surrounding this home. Located northwest of downtown Seattle, Magnolia is a tranquil, suburban neighborhood that features some of the most stunning real estate in the city. With incredible views of the water on all sides, plentiful parks, and top-notch...
Magnolia Guide

Similar Homes

Explore Nearby Homes

More information about 3510 West Elmore Street, Seattle, WA 98199

3510 West Elmore Street is a multi-family home for sale in Seattle, WA 98199. This property was listed for sale on June 9, 2026 by Lee & Associates Commercial RE, it's currently listed at $2,400,000. It has been on the market for a total of 5 days and was last sold on August 18, 2011. This listing's school district is Seattle Public Schools. Nearby schools include Lawton Elementary School, McClure Middle School and Ballard High School. 3510 West Elmore Street is a 13-bed, 8-bath, multi-family home built in 1968.

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 Lee & Associates Commercial RE

Based on information submitted to the MLS GRID as of 06/09/2026 04:59 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.