719 North 85th Street

Sold 4/15/26
Sold 4/15/26
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Listing provided courtesy of Lee & Associates Commercial RE • Source: Northwest MLS
Sold
Last Sold Price
$1,130,000
7 beds7 baths4,150 sqft

719 N 85th St, Seattle, WA 98103

Multi FamilyProperty Type
0.15 acresLot Size
1969Year Built
$272/sq ftPrice per sq ft
6 carsParking Spaces

Description

Greenwood 6 is a well-maintained apartment building. This asset provides immediate cash flow and the opportunity to increase NOI through rent increases. Further opportunity lies in value-add play through cosmetic upgrades, and the addition of in-unit laundry presents a straightforward path to increasing rental income. Located just blocks from Greenwood’s vibrant commercial core, the property benefits from an exceptionally walkable location with strong transit access. The building is positioned back...Greenwood 6 is a well-maintained apartment building. This asset provides immediate cash flow and the opportunity to increase NOI through rent increases. Further opportunity lies in value-add play through cosmetic upgrades, and the addition of in-unit laundry presents a straightforward path to increasing rental income. Located just blocks from Greenwood’s vibrant commercial core, the property benefits from an exceptionally walkable location with strong transit access. The building is positioned back from 85th, with six onsite parking spaces, screened by mature evergreen trees for privacy. Notably, the property includes a large two bedroom unit well-suited for owner occupancy, with potential for expansion and customization.
  • Listed by: Sara Bago 206.773.2696 sbago@lee-associates.com • Lee & Associates Commercial RE
  • Listed by: Dea Sumantri 206.773.2696 dsumantri@lee-associates.com • Lee & Associates Commercial RE
Listing closed: 04/15/2026 12:00 AM • Source: NWMLS as distributed by MLS GRID, MLS#: 2440132
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Location

Listing Courtesy of Lee & Associates Commercial RE

Sold By Lee & Associates Commercial RE

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$7,092 per month

30 year fixed, 7.03% Interest

Principal and Interest

$6,033

Property Taxes

$1,060

HOA Dues

$0

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Property Information for 719 North 85th Street

Property Details

  • Taxes: $12,718 / year
  • MLS Type: Residential Income
  • County: King County
  • Community Name: Greenwood
  • School District: Seattle
  • Total Covered Parking: 0
  • Entry Date: 10-01-2025
  • Energy Source: Electric
  • Sewer: Sewer Connected

Building Information

  • Stories: 2
  • Residences: 6
  • Year Built: 1969
  • Lot Size: 0.15 AC / 6,457 SF

Summary

Location and General Information
  • Style: 55 - 5-9 Units
  • Site Features: Deck, Fenced-Partially
  • Area: 705 - Ballard/Greenlake
  • Block: 10
  • Effective Year Built Source: Public Records
  • Directions: Heading south on I-5, Turn right onto N 92nd St, Turn left onto Wallingford Ave N, turn right at the 3rd cross street onto N 85th St
  • 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
  • Bedrooms Possible: 5
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Laminate, Carpet
  • Amenities: Coin Op Laundry
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: See Remarks
  • Roof: Flat
  • Security Features: Partially Fenced

Property

Utilities
  • Water/Sewer/Garbage: 0
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • First Right Of Refusal: false
  • MLS Square Footage Source: Public Record
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1992
  • Photos Count: 15
Lot Information
  • Lot Details: Paved, Sidewalk
  • Lot Number: 27 & 28
  • Lot Size Source: Public Record
  • Parcel Number Free Text: 6431000935
  • Building Condition: Good
  • Calculated Square Footage: 4150
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 4150.0
  • 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: 6
  • Units Below Grade: false
  • Units In Building Total: 6
Financing / Income and Expenses
  • Electric Expense: $9,059
  • Total Expenses: 36215
  • Gross Adjusted Income: 104866
  • Gross Rent Multiplier: 13.2
  • Gross Scheduled Income: $104,866
  • Insurance Expense: $4,069
  • Net Operating Income: $67,150
  • Other Expenses: $10,369
  • Total Monthly Income: 9147
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Square Feet Unit 1: 1100
  • Rent Unit 1: $1,725.00
  • Bedrooms Unit 1: 2
  • Bathrooms Unit 1: 2
Unit 2
  • Name Unit 2: 2
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Square Feet Unit 2: 650
  • Rent Unit 2: $1,295.00
  • Bedrooms Unit 2: 1
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 3
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Square Feet Unit 3: 650
  • Rent Unit 3: $1,350.00
  • Bedrooms Unit 3: 1
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 4
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Square Feet Unit 4: 650
  • Rent Unit 4: $1,350.00
  • Bedrooms Unit 4: 1
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 5
  • Washer/Dryer Unit 5: true
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Square Feet Unit 5: 650
  • Rent Unit 5: $1,324.00
  • Bedrooms Unit 5: 1
  • Bathrooms Unit 5: 1
Unit 6
  • Name Unit 6: 6
  • Washer/Dryer Unit 6: true
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Square Feet Unit 6: 450
  • Rent Unit 6: $1,120.00
  • Bedrooms Unit 6: 1
  • Bathrooms Unit 6: 1

Rental

Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 4150.0

Property History for 719 North 85th Street

DateEvent & SourcePriceAppreciation
Apr 15, 2026

Sold (Public Record)

Public Record #1935543266

$1,130,000

+3.1% / yr

Apr 15, 2026

Sold

NWMLS #2440132

$1,130,000—
Feb 20, 2026

Pending

NWMLS #2440132

—
DateEvent & SourcePrice
04/15/2026

Sold (Public Record)

Public Record #1935543266

$1,130,000

+3.1% / yr

04/15/2026

Sold

NWMLS #2440132

$1,130,000
02/20/2026

Pending

NWMLS #2440132

—

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

Public records

719 North 85th Street

Total Finished SqFt

4,087 SqFt

Above Ground SqFt

4,087 SqFt

Stories

2

Lot Size

6,457 SqFt

Style

Multi-Family Res (5+ Units)

Year Built

1969

Schools near 719 North 85th Street

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
Daniel Bagley Elementary School
Public - K to 5
Robert Eagle Staff Middle School
Public - 6 to 8
Ingraham High School
Public - 9 to 12
Education Service Centers
Public - 6 to 12
Rating
School
Distance
Daniel Bagley Elementary School
PublicK to 5

Robert Eagle Staff Middle School
Public6 to 8

Ingraham High School
Public9 to 12

Education Service Centers
Public6 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.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 719 North 85th Street, Seattle, WA 98103
$1,130,000
7
7
4,150
6,457
715 North 85th Street, Seattle, WA 98103
$985,000
–
–
5,456
6,473
727 North 85th Street, Seattle, WA 98103
$203,950
2
848
–
727 North 85th Street, Unit 201, Seattle, WA 98103
$183,300
2
–
–
727 North 85th Street, Unit 103, Seattle, WA 98103
$299,950
2
780
–
727 North 85th Street, Unit 203, Seattle, WA 98103
$376,400
2
788
–

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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 05/16/2026 04:03 AM. 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.