8214 Greenwood Ave N

Seattle, WA 98103

$5,500,000
Price
7
Beds
7
Baths
16,974 Sq. Ft.
$324 / Sq. Ft.
16,974
Sq. Ft.
$324
per Sq. Ft.
Listed By Compass
Listed By Compass
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Listing provided courtesy of Compass
Source: Northwest MLS

Description

Acquire this stabilized high-performing asset in Greenwood—one of Seattle’s most desirable neighborhoods. Ideally located within walking distance of major bus routes and downtown Greenwood’s vibrant retail, dining, and entertainment scene, this mixed-use property features 5 ground-floor retail spaces fronting Greenwood Ave with excellent visibility and foot traffic. The residential portion includes 7 well-appointed apartments: 3 one-bedrooms, 2 studios, and 2 two-bedrooms, plus 21 dedicated parking...Acquire this stabilized high-performing asset in Greenwood—one of Seattle’s most desirable neighborhoods. Ideally located within walking distance of major bus routes and downtown Greenwood’s vibrant retail, dining, and entertainment scene, this mixed-use property features 5 ground-floor retail spaces fronting Greenwood Ave with excellent visibility and foot traffic. The residential portion includes 7 well-appointed apartments: 3 one-bedrooms, 2 studios, and 2 two-bedrooms, plus 21 dedicated parking spaces and on-site laundry. With strong cash flow and a prime location, this turnkey investment offers immediate income in a high-demand market. The parcel is zoned NC2P-55, allowing for future development potential—buyer to verify.

Listing Agents

  1. Ben Kaufman

    Ben Kaufman

    Listing Agent

    Compass

    ben.kaufman@compass.com

    P: (206)-300-0115

    CallTextEmail
  2. Nicole Allen

    Nicole Allen

    Alternative Listing Agent

    Compass

    nicole.allen@compass.com

    P: (206)-229-0790

    CallTextEmail

Property Details for 8214 Greenwood Avenue North

Community Name
Greenwood
School District
Seattle
Number of Assigned Spaces
21
Total Covered Parking
0
Entry Date
05-12-2025
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 11/13/2025 05:50 PM

Property Details for 8214 Greenwood Avenue North

StatusActive
MLS #2375807
Days on Market290
Cumulative Days on Market290
Taxes$43,724 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1912
Lot Size0.29 AC / 12,628 SF
CountyKing County
Buyer's Agent Compensation2%

Location

Listing Courtesy of Compass
Add your commute

Building Information for 8214 Greenwood Avenue North

Stories2Residences12Year Built1912Building Size-Lot Size0.29 AC / 12,628 SF

Payment Calculator

$30,450 per month

30 year fixed, 6.15% Interest

Principal and Interest

$26,806

Property Taxes

$3,644

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8214 Greenwood Avenue North

Summary
Location and General Information
  • Style: 56 - 10+ Units
  • Area: 705 - Ballard/Greenlake
  • Effective Year Built Source: Public Records
  • Directions: Corner of Greenwood Ave N and N 83rd 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: 0.0
  • 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
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Flat
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 3385
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Zoning Remarks: Residential,Retail
  • First Right Of Refusal: false
  • Possible Use: Residential, Retail
  • Letter On File: Duplicate Prop Type
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1980
  • Photos Count: 18
Lot Information
  • Lot Size Source: public record
  • Parcel Number Free Text: 6430500227
  • Calculated Square Footage: 16974
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 16974.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 0
  • Number of Stories in Building: 2
  • Vacancy Rate: 5
  • Number Of Units Total: 12
  • Units Below Grade: false
  • Units In Building Total: 12
Financing / Income and Expenses
  • Electric Expense: $3,385
  • Total Expenses: 89739
  • Gross Adjusted Income: 341321
  • Gross Rent Multiplier: 15.3
  • Gross Scheduled Income: $359,285
  • Insurance Expense: $10,893
  • Net Operating Income: $251,580
  • Other Expenses: $24,967
  • Total Monthly Income: 28106
  • Fuel Expense: $3,385
Unit 1
  • Name Unit 1: Apt 1
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 600
  • Rent Unit 1: $1,400.00
  • Bedrooms Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: Apt 2
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 1100
  • Rent Unit 2: $2,250.00
  • Bedrooms Unit 2: 2
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: Apt 3
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 550
  • Rent Unit 3: $1,475.00
  • Bedrooms Unit 3: 0
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: Apt 4
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 650
  • Rent Unit 4: $1,475.00
  • Bedrooms Unit 4: 1
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: Apt 5
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: true
  • Square Feet Unit 5: 550
  • Rent Unit 5: $1,400.00
  • Bedrooms Unit 5: 0
  • Bathrooms Unit 5: 1
Unit 6
  • Name Unit 6: Apt 6
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: true
  • Square Feet Unit 6: 1000
  • Rent Unit 6: $2,125.00
  • Bedrooms Unit 6: 2
  • Bathrooms Unit 6: 1
Unit 7
  • Name Unit 7: Apt 7
  • Range/Oven Unit 7: true
  • Refrigerator Unit 7: true
  • Dishwasher Unit 7: true
  • Square Feet Unit 7: 600
  • Rent Unit 7: $1,475.00
  • Bedrooms Unit 7: 1
  • Bathrooms Unit 7: 1
Unit 8
  • Name Unit 8: Retail 4217
  • Square Feet Unit 8: 1906
  • Rent Unit 8: $4,447.00
Unit 9
  • Name Unit 9: Retail 8212
  • Square Feet Unit 9: 1531
  • Rent Unit 9: $3,679.00
Unit 10
  • Name Unit 10: Retail 8214
  • Square Feet Unit 10: 2353
  • Rent Unit 10: $4,280.00
Unit 11
  • Name Unit 11: Roof 8216
  • Square Feet Unit 11: 0
  • Rent Unit 11: $1,241.00
Unit 12
  • Name Unit 12: Retail 8218
  • Square Feet Unit 12: 810
  • Rent Unit 12: $2,350.00
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 15840.0

Property History for 8214 Greenwood Avenue North

DateEvent & SourcePriceAppreciation
May 12, 2025

Listed (Active)

NWMLS #2375807

$5,500,000—
Jan 20, 2022

Sold (Public Record)

Public Record #1481834815

$4,200,000

+6.2% / yr

Nov 21, 2005

Sold (Public Record)

Public Record #168941951

$1,583,910—
DateEvent & SourcePrice
05/12/2025

Listed (Active)

NWMLS #2375807

$5,500,000
01/20/2022

Sold (Public Record)

Public Record #1481834815

$4,200,000

+6.2% / yr

11/21/2005

Sold (Public Record)

Public Record #168941951

$1,583,910

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

Public Records for 8214 Greenwood Avenue North

Taxable ValueLand$3,030,700Additions$1,426,000Total$4,456,700
Tax Record2024$43,724 ($3,644 / month)
Home Facts
Total Finished SqFt5,054 SqFtAbove Ground SqFt5,054 SqFtStories2Lot Size12,628 SqFtStyleMulti-Family Res (5+ Units)Year Built1912Year Renovated1980ZoningNC2P-55 (M)CountyKINGAPN643050-0227

Schools near 8214 Greenwood Avenue North

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
Greenwood Elementary School
Public - PK 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
Greenwood Elementary School
PublicPK 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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More information about 8214 Greenwood Avenue North, Seattle, WA 98103

8214 Greenwood Avenue North is a multi-family home for sale in Seattle, WA 98103. This property was listed for sale on May 12, 2025 by Compass, it's currently listed at $5,500,000. It has been on the market for a total of 290 days and was last sold on January 20, 2022. This listing's school district is Seattle Public Schools. Nearby schools include Greenwood Elementary School, Robert Eagle Staff Middle School and Ingraham High School. 8214 Greenwood Avenue North is a 7-bed, 7-bath, 16,974 sqft multi-family home built in 1912.

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, Inc., its subsidiaries, affiliates and their agents and associated third parties 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 Compass

Based on information submitted to the MLS GRID as of 11/13/2025 05:50 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.