6515 5th Ave NE

$2,145,000
Price
8
Beds
7
Baths
3,912 Sq. Ft.
$548 / Sq. Ft.
3,912
Sq. Ft.
$548
per Sq. Ft.

Description

Green Lake Park Apartments is a well maintained, 7 unit apartment building located in Seattle’s highly desirable Green Lake neighborhood. Ideally positioned just blocks from the iconic Green Lake Park, this property is comprised of a mix of one and two bedroom units, the building provides a strong foundation of stable in place income. With its long term appeal, strong rental demand, and premier location in one of Seattle’s best neighborhoods, Green Lake Park Apartments represents a compelling investment...Green Lake Park Apartments is a well maintained, 7 unit apartment building located in Seattle’s highly desirable Green Lake neighborhood. Ideally positioned just blocks from the iconic Green Lake Park, this property is comprised of a mix of one and two bedroom units, the building provides a strong foundation of stable in place income. With its long term appeal, strong rental demand, and premier location in one of Seattle’s best neighborhoods, Green Lake Park Apartments represents a compelling investment for both new and seasoned investors looking to expand their portfolio and capture long term growth in one of the city’s best performing submarkets.
  1. Listed by Alan Wileman • Pacific Crest
  2. Listed by Alfred Anderson • Pacific Crest

Property Details for 6515 5th Avenue Northeast

Community Name
Green Lake
School District
Seattle
Number of Assigned Spaces
6
Total Covered Parking
0
Entry Date
07-16-2025
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 11/20/2025 11:43 AM

Property Details for 6515 5th Avenue Northeast

StatusActive
MLS #2407581
Days on Market152
Cumulative Days on Market152
Taxes$16,528 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1958
Lot Size0.11 AC / 5,000 SF
CountyKing County

Location

Listing Courtesy of Pacific Crest
Add your commute

Building Information for 6515 5th Avenue Northeast

Stories2Residences7Year Built1958Building Size-Lot Size0.11 AC / 5,000 SF

Payment Calculator

$11,977 per month

30 year fixed, 6.28% Interest

Principal and Interest

$10,599

Property Taxes

$1,377

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6515 5th Avenue Northeast

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Area: 705 - Ballard/Greenlake
  • Block: 87
  • Elementary School: Green Lake
  • Middle Or Junior School: Eckstein Mid
  • High School: Roosevelt High
  • Effective Year Built Source: Public Records
  • Directions: North on I-5, exit 170 for Ravenna Blvd toward NE 65th St, Take NE Ravenna Blvd to 5th Ave NE, left onto 8th Ave NE, left onto NE Ravenna Blvd, Turn left onto NE 65th St, Turn right onto 5th Ave NE
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 6.0
  • Open Parking: Yes
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: Coin Op Laundry,Storage
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Other – See Remarks
  • FIRPTA: No
Exterior Features
  • Exterior: See Remarks
  • Roof: Torch Down
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 9610
  • Power Company: Seattle City Light
  • Sewer Company: Seattle Public Utilities
  • Water Company: Seattle Public Utilities
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Slab
  • Zoning Remarks: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • MLS Square Footage Source: Public Records
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1993
  • Photos Count: 13
Lot Information
  • Lot Details: Alley, Paved, Sidewalk
  • Lot Number: 10
  • Lot Size Source: Public Records
  • Parcel Number Free Text: 9528104475
  • Building Condition: Good
  • Calculated Square Footage: 3912
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3912.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 6
  • Number of Stories in Building: 2
  • Vacancy Rate: 5
  • Number Of Units Total: 7
  • Units Below Grade: false
  • Units In Building Total: 7
Financing / Income and Expenses
  • Electric Expense: $613
  • Total Expenses: 47150
  • Gross Adjusted Income: 170191
  • Gross Rent Multiplier: 11.97
  • Gross Scheduled Income: $179,148
  • Insurance Expense: $5,122
  • Net Operating Income: $123,041
  • Other Expenses: $15,277
  • Total Monthly Income: 14929
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Square Feet Unit 1: 400
  • Rent Unit 1: $1,450.00
  • Bedrooms Unit 1: 0
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 2
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 545
  • Rent Unit 2: $1,850.00
  • Bedrooms Unit 2: 1
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 3
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 545
  • Rent Unit 3: $1,850.00
  • Bedrooms Unit 3: 1
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 4
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 545
  • Rent Unit 4: $1,850.00
  • Bedrooms Unit 4: 1
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 5
  • Washer/Dryer Unit 5: true
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: true
  • Square Feet Unit 5: 545
  • Rent Unit 5: $1,850.00
  • Bedrooms Unit 5: 1
  • Fireplaces Unit 5: 0
  • Bathrooms Unit 5: 1
Unit 6
  • Name Unit 6: 6
  • Washer/Dryer Unit 6: false
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: true
  • Square Feet Unit 6: 675
  • Rent Unit 6: $2,295.00
  • Bedrooms Unit 6: 2
  • Fireplaces Unit 6: 0
  • Bathrooms Unit 6: 1
Unit 7
  • Name Unit 7: 7
  • Washer/Dryer Unit 7: false
  • Range/Oven Unit 7: true
  • Refrigerator Unit 7: true
  • Dishwasher Unit 7: true
  • Square Feet Unit 7: 675
  • Rent Unit 7: $2,295.00
  • Bedrooms Unit 7: 2
  • Fireplaces Unit 7: 0
  • Bathrooms Unit 7: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3912.0

Property History for 6515 5th Avenue Northeast

DateEvent & SourcePriceAppreciation
Oct 30, 2025

Price Change

NWMLS #2407581

$2,145,000
Jul 16, 2025

Listed (Active)

NWMLS #2407581

$2,195,000
Jul 16, 2013

Sold (Public Record)

Public Record #356875911

$1,133,500

+3.6% / yr

Apr 22, 2005

Sold (Public Record)

Public Record #156081302

$850,000
Apr 22, 2005

Sold

NWMLS #25015658

$850,000
Feb 22, 2005

Pending

NWMLS #25015658

Feb 3, 2005

Listed (Active)

NWMLS #25015658

$875,000
DateEvent & SourcePrice
10/30/2025

Price Change

NWMLS #2407581

$2,145,000
07/16/2025

Listed (Active)

NWMLS #2407581

$2,195,000
07/16/2013

Sold (Public Record)

Public Record #356875911

$1,133,500

+3.6% / yr

04/22/2005

Sold (Public Record)

Public Record #156081302

$850,000
04/22/2005

Sold

NWMLS #25015658

$850,000
02/22/2005

Pending

NWMLS #25015658

02/03/2005

Listed (Active)

NWMLS #25015658

$875,000

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

Public Records for 6515 5th Avenue Northeast

Taxable ValueLand$1,250,000Additions$446,000Total$1,696,000
Tax Record2024$16,846 ($1,404 / month)
Home Facts
Total Finished SqFt3,906 SqFtAbove Ground SqFt3,906 SqFtStories2Lot Size5,000 SqFtStyleMulti-Family Dwelling (2-4)Year Built1958Year Renovated1993ZoningLR3 (M)CountyKINGAPN952810-4475

Schools near 6515 5th Avenue Northeast

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

Eckstein Middle School
Public6 to 8

Roosevelt High School
Public9 to 12

McDonald International School
PublicK to 5

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

Similar Sold Homes

6515 5th Avenue Northeast is a multi-family home for sale in Seattle, WA 98115. This property was listed for sale on July 16, 2025 by Pacific Crest, it's currently listed at $2,145,000. It has been on the market for a total of 152 days and was last sold on July 16, 2013. This listing's school district is Seattle Public Schools. Nearby schools include Green Lake Elementary School, Eckstein Middle School and Roosevelt High School. 6515 5th Avenue Northeast is a 8-bed, 7-bath, 3,912 sqft multi-family home built in 1958.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Pacific Crest

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/15/2025 07:04 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.