1402 E Cherry Street

Seattle, WA 98122

  • Bed

  • Bath

  • 9680 SqFt

  • 18 DOM

  • Built: 1981

  • Status: Active

$2,880,000

X

1402 E Cherry Street

Seattle 98122

Virtual Tour

$2880000

  • Bed

  • Bath

  • 9680 SqFt

  • 18 DOM

  • Built: 1981

  • Status: Active

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Keith McCue

Principal Broker

(503) 816-7074

Exceptional 10-unit townhome-style apartment building in a high-demand location - directly across from Seattle University & Swedish Hospital. 5 two-bed and 5 one-bed two-story units with a total of 11 parking spaces. Prime 7,675 SF corner lot with abundant natural light, upgraded double-pane windows, and fire sprinkler system. Walk Score 94—just steps to restaurants, transit, grocery, and light rail. Zoned LR3(M) with potential for additional units (buyer to verify). Significant income upside through utility billbacks, parking fees, and bringing under-market rents current. Current cap @3.95% and market cap @5.29%.

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Residence Information

  • 9680

  • Composition

  • 56 - 10+ Units

  • 1981

  • Poured Concrete

Features and Utilities

  • Stucco, Wood

  • Sewer Connected

  • 0

Financial

  • 0

  • Cash Out

  • 06-24-2025

Comparable Information

  • 18

  • 18

  • Cash Out

  • $2,880,000

  • $2,880,000

  • Jul 12, 2025 16:02

Schools

Map

History

Date Event & Source Price
06-25-2025

Active(Listed)

MLS # NWM2397715

$2,880,000

Listing courtesy of WPI Real Estate Services, Inc..

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2025 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Keithmccue Realty data last checked: Jul 17, 2025 06:06 | Listing last modified Jul 12, 2025 16:02. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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