Home / 1402 E Cherry Street, Seattle, WA 98122 (MLS # 2397715)

1402 E Cherry Street, Seattle, WA 98122 (MLS # 2397715)

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Listing provided courtesy of Northwest MLS; WPI Real Estate Services, Inc.

PRICE $2,880,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 9,680 sqft
LOT SIZE 7,676 sqft
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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%.

LAST UPDATED 7/31/2025 NEIGHBORHOOD First Hill
YEAR BUILT 1981 COMMUNITY First Hill
COUNTY King STATUS Pending
PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
AIR None
AREA 390 - Central Seattle
CONSTRUCTION Stucco, Wood Siding
HEAT Baseboard, Electric, Forced Air
LOT 7675 sq ft
LOT DESCRIPTION Corner Lot, Curbs, Sidewalk
MLS STATUS Pending
STORIES 3
STYLE 56 - 10+ Units
SUBDIVISION First Hill
UTILITIES Sewer Connected
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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 8/3/25 6:54 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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