10531 Aurora Avenue N #5,6,7 and 8, Seattle, WA 98133

Seattle
Local realty services provided by:Knipe Realty ERA Powered
Listed by: grecia thomas, julie elli
Office: real property associates
MLS#:2566364
Source:NWMLS
10531 Aurora Avenue N #5,6,7 and 8,Seattle, WA 98133
$1,518,000
  • 0.31 Acres
  • Lots / Land
  • Active

Price summary

  • Price:$1,518,000

About this home

Exceptional 13-unit investment and redevelopment opportunity on a 13,440 SF lot in prime and highly connected North Seattle location. The property includes two buildings with a desirable mix of studio, one- and two-bedroom residences, offering multiple investment strategies. Continue operating as an income-producing apartment community, increase returns through rent optimization and strategic improvements, or hold as a long-term development site. Current gross scheduled income is approximately $14,288 per month, with additional upside as several rents remain below market. Most units have been updated. NC3-55 zoning may offer potential for a future multifamily development of approximately 60–80 units; buyer to verify all development feasibility. Conveniently located near Northgate Light Rail, transit, shopping, dining, major employers and daily amenities, with an 87 Walk Score. A compelling combination of current income, value-add potential and long-term redevelopment opportunity.

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Home facts

  • Subdivision & Development:Greenwood
  • Listing ID #:2566364
  • Updated:August 14, 2026 at 11:20 AM

Structure and exterior

  • Lot area:0.31 Acres
  • Lot Features:Alley, Curbed Lot, Paved, Sidewalk

Schools

  • High school:Buyer To Verify
  • Middle school:Buyer To Verify
  • Elementary school:Buyer To Verify

Utilities

  • Water:Available
  • Sewer:Available

Finances and disclosures

  • Price:$1,518,000
  • Tax amount:$19,956 (2026)
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