710 NE 43rd St, Seattle, WA — Sale in Seattle, WA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Seattle, WA 98105

Photos

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Investment Figures

Cap rate
3.34%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

710 NE 43rd Street is a multifamily investment opportunity situated on a 5,000 square foot Mid Rise (MR M1) zoned lot in Seattle's University District. The property offers a diverse unit mix of one- and two-bedroom homes averaging 473 square feet, along with 6 off-street parking spaces. Its location within walking distance of the University of Washington and the U District Link Light Rail station provides residents with outstanding connectivity, reflected by a Walk Score of 93, Bike Score of 83, and Transit Score of 82. Investors will also find a rare opportunity to acquire immediate portfolio scale: a 4-plex at 709 NE 43rd Street, directly across the street, is available for purchase simultaneously, offering two well-located assets on the same block. The MR M1 zoning provides meaningful long-term development upside in one of Seattle's most supply-constrained and demand-driven submarkets. Investment Highlights: • Diverse unit mix of one-, and two-bedroom homes averaging 473 square feet • 5,000 square foot lot of Mid Rise (MR M1) zoning within walking distance of the University of Washington • 6 Off street parking spaces available • Walkers Paradise: 93 walk Score, 83 Bike Score, 82 Transit Score • Additional 4 Plex also available for purchase across the street (709 NE 43rd St) offer investors immediate scale

Market Context

This multifamily in Seattle, WA is listed for sale. It is offered at an approximate 3.3% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Seattle, WA — view the full market.

As of Q1 2026, the Seattle / Bellevue multifamily market showed a 7.3% vacancy rate, and average asking rents near $2004.00/unit/mo. Source: multiple brokerage reports, Q1 2026.

Multifamily market FAQ

Is the Seattle / Bellevue multifamily market tightening or softening?
Vacancy is around 7.3% (Q1 2026).

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