Listing provided courtesy of Pacific CrestNWMLSas Distributed by MLSGrid- MLS# NWM2407581MLS Provider

6515 5th Avenue NESeattle, WA 98115

Multi-Family · 8 Beds · 3,912 Sq. ft. | 0.11 Acres
$1,995,000 Pending

6515 5th Avenue NE Overview

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Green Lake Park Apartments is a well maintained, 7 unit apartment building located in Seattle’s highly desirable Green Lake neighborhood. Ideally positioned just blocks from the iconic Green Lake Park, this property is comprised of a mix of one and two bedroom units, the building provides a strong foundation of stable in place income. With its long term appeal, strong rental demand, and premier location in one of Seattle’s best neighborhoods, Green Lake Park Apartments represents a compelling investment for both new and seasoned investors looking to expand their portfolio and capture long term growth in one of the city’s best performing submarkets.

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6515 5th Avenue NE Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,912
  • Price/Sq.ft. $510
  • Lot 0.11 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Seattle
  • Elementary School: Green Lake
  • Middle Or Junior School: Eckstein Mid
  • High School: Roosevelt High

Income/Expenses

  • Other Expense: 23787
  • Electric Expense: 613
  • Fuel Expense: 0
  • Gross Scheduled Income: 181308
  • Insurance Expense: 5122
  • Net Operating Income: 120209
  • Total Expenses: 55660
  • Total Monthly Income: 15109
  • Water/Sewer/Garbage: 9610

Building Information

  • New Construction: No
  • Year Built: 1958

Location/Region

  • Country: US
  • County Or Parish: King
  • MLS Area Major: 705 - Ballard/Greenlake
  • Subdivision Name: Green Lake

Community/Development

  • Amenities: Coin Op Laundry,Storage

Tax Information

  • Tax Annual Amount: $16,528.00
  • Tax Year: 2025

General Information

  • Listing Terms: Conventional
  • Parcel Number: 9528104475
  • Possible Use: Multi-Family
  • Property Condition: Good
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Building Interior

  • Building Area Total: 3912
  • Building Area Units: Square Feet
  • Calculated Square Footage: 3912

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Vinyl Plank
  • Foundation Details: Slab
  • Heating: Yes
  • Leasable Area: 3912
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric
  • Stories Total: 2

Exterior

Parking Information

  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Parking Total: 7
  • Parking Uncovered Spaces: 6
  • Parking Uncovered Total: 7

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Alley, Paved, Sidewalk
  • Lot Size Acres: 0.1148
  • Lot Size Square Feet: 5000
  • Lot Size Units: Square Feet
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • View: No
  • Waterfront: No

Building Exterior/Construction

  • Roof: Torch Down
  • Structure Type: Multi Family

General Information

  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: 0
  • Exterior Features: See Remarks
  • Number Of Units Total: 7
  • Sewer: Sewer Connected

Unit Information

Unit 1 Details

  • Actual Rent: 1450
  • Beds Total: 0
  • Baths Total: 1

Unit 2 Details

  • Actual Rent: 1850
  • Beds Total: 1
  • Baths Total: 1

Unit 3 Details

  • Actual Rent: 1850
  • Beds Total: 1
  • Baths Total: 1

Unit 4 Details

  • Actual Rent: 1850
  • Beds Total: 1
  • Baths Total: 1

Unit 5 Details

  • Actual Rent: 1850
  • Beds Total: 1
  • Baths Total: 1

Unit 6 Details

  • Actual Rent: 2295
  • Beds Total: 2
  • Baths Total: 1

Unit 7 Details

  • Actual Rent: 2295
  • Beds Total: 2
  • Baths Total: 1

6515 5th Avenue NE Neighborhood

Community

98115 (Seattle) Demographics

37
Median Age
6,532
Population Density (per sq. mile)
81%
College Educated
$117,038
Estimated Median Income
14,136
Estimated Total Home Owners
9,294
Estimated Total Renters
60% / 40%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

6515 5th Avenue NE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

6515 5th Avenue NE Market Data

Based on the last 30 days in this zip code

$1,077,399
Average List Price
$586
Average Price per Square Foot
68
Properties Sold
46
Average Days on Market
216
Properties for Sale
Calculations provided by Reliance Network

6515 5th Avenue NE History

Date Event Value Agent
5/29/2026Source: NWMLS Status Change
Pending
3/23/2026Source: NWMLS Price Reduction
$1,995,000 -2.7%
2/24/2026Source: NWMLS Price Reduction
$2,050,000 -4.4%
10/30/2025Source: NWMLS Price Reduction
$2,145,000 -2.3%
7/16/2025Source: NWMLS Added to Database
July 16, 2025
6/20/2022Source: NWMLS Added to Database
June 01, 2021