2707 W Jameson Street, Seattle, WA 98199 (MLS # 2565089)

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Listing provided courtesy of Northwest MLS; Westlake Associates, Inc.

PRICE $2,180,000
BEDS 0
BATHS 0
HOME SIZE 6,375 sqft
LOT SIZE 6,299 sqft

Constructed in 1966, this well-maintained eight-unit apartment community features quality wood-frame construction with a durable marblecrete exterior. Ideally situated in Seattle's highly sought-after Magnolia neighborhood, the property has historically maintained exceptionally low vacancy, driven by its premier location and strong tenant demand. The Magnolia 8-Unit Apartments offer investors an attractive value-add opportunity through the ability to increase below-market rents as units turn over, while also presenting the potential to add a legal ninth apartment unit (buyer to verify). The property's desirable unit mix consists of five one-bedroom/one-bath units and three two-bedroom/one-bath units, along with seven on-site parking spaces and ample unrestricted street parking. Ownership has completed several meaningful capital improvements, including a full tear-off roof replacement. The building is also serviced by copper plumbing, providing long-term durability and minimizing future maintenance costs. Combining a prime Magnolia location, stable occupancy history, and clear upside potential, this offering represents an exceptional opportunity to acquire a quality multifamily asset in one of Seattle's most established and supply-constrained neighborhoods.

LAST UPDATED 8/5/2026 TRACT Magnolia
YEAR BUILT 1966 COMMUNITY Magnolia
COUNTY King STATUS Active
PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
AIR None
AREA 700 - Queen Anne/Magnolia
CONSTRUCTION Wood Siding
HEAT Baseboard, Electric
LOT 6299 sq ft
LOT DESCRIPTION Alley, Curbs, Paved, Sidewalk
MLS STATUS Active
STORIES 3
STYLE 55 - 5-9 Units
SUBDIVISION Magnolia
TAXES 21806
UTILITIES Sewer Connected
VIEW Yes
VIEW DESCRIPTION Canal, Territorial
ZONING Multi-Family

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 8/6/26 3:23 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.

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