1402 E Cherry Street Seattle, WA 98122
Listing Courtesy of: MLS LogoNorthwest MLS / Wpi Real Estate Services, Inc. and Windermere Real Estate/East

  1402 E Cherry Street Seattle, WA 98122

Sold (14 Days)
$2,750,000

Description

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%.

MLS #:
2397715
Lot Size
7,675 SQFT
Type
Multifamily
Year Built
1981
Style
10+ Units
School District
Seattle
County
King County
Community
First Hill

Listed By

Tc Wu, Wpi Real Estate Services, Inc.
Bought with
Hao N. Dang, Windermere Real Estate/East
Source
Northwest MLS as distributed by MLS Grid
Last checked Sep 17 2025 at 11:43 PM GMT+0000
Bathroom Details
Subdivision
  • First Hill
Lot Information
  • Corner Lot
  • Curbs
  • Sidewalk
Property Features
  • Sprinkler System
  • Fireplace: 0
  • Foundation: Poured Concrete
Heating and Cooling
  • Baseboard
  • Forced Air
Exterior Features
  • Stucco
  • Wood
  • Roof: Composition
Utility Information
  • Sewer: Sewer Connected
  • Fuel: Electric
Additional Listing Info
  • Buyer Brokerage Compensation: 2.5
Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
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Disclaimer: Based on information submitted to the MLS GRID as of 9/17/25 16:43. 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.