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Westwind Apartments

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Westwind Apartments

4500 1st Ave NW, Seattle, WA 98103
Multi-Family For Sale Pending Cap Rate 4.56% Built 1968 4 floors Zoning: LR3 (M)
Asking Price
$5,300,000
Total Building15,480 SF
Available15,480 SF avail
Land14,400 SF land
Parking Total18
& Uncov.
MarketFremont/Ballard
CountyKing

Read Overview
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Overview

Property ID
304841
Listing ID
702411
Type
Multi-Family
Asset Class
Multi-Family
Zoning
LR3 (M)

Description

Located in Seattle’s desirable upper Fremont neighborhood just a 3-minute walk from Fremont Peak Park and within walking distance of the zoo. On the market for the first time, the property features 1- and 2-bed units plus a 1,500-SF 3-bed/2-bath penthouse (ideal for an owner-occupant). Floorplans average 860 SF. Dining areas, dishwashers, private decks/patios, abundant natural light, and many residents enjoy stunning views of the ship canal, Ballard, and Magnolia. 18 off-street parking spaces, secured entry, a resident laundry and storage room, copper supply plumbing, and updated ITE electrical subpanels. Westwind Apartments offers a 4.9% cap rate on rents as of February 2026 (increases already posted) and current expenses with upside.

Listing Courtesy of:

DS
Dan Swanson
Kidder Mathews
999 W Main Street, Suite 100,
Boise, ID 83702
State: WA City: Seattle ZIP: 98103 Type: For Sale

Commercial Listings
Disclaimer: The information contained in this listing has not been verified by Muljat Commercial and should be verified by the buyer.