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MLS: #NWM2567375, Listed By: Jonathan D. Bye, John L. Scott, Inc, Source:NWMLS - Northwest Multiple Listing Service

12340 Sand Point Way

Seattle, WA 98125
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Bed 0

Bed

Bath 0

Bath

SqFt4,350

Sqft

Acres0.13

Acre(Lot)

Sandpoint Way Apartments is a well-maintained multifamily community in Seattle's desirable Sandpoint neighborhood, offering a diverse mix of one-, two-, and three-bedroom residences averaging approximately 821 square feet. Larger-than-average unit sizes provide broad appeal to healthcare workers while supporting strong tenant retention and leasing performance. Many residences enjoy premium Lake Washington views, enhancing the property's appeal and supporting rental premiums. The community is ideally located approximately one-half mile from the Burke-Gilman Trail and less than two miles from Matthews Beach Park, Seattle's largest freshwater swimming beach. Ownership has completed significant capital improvements, including a roof replacement within the last six years, Cutler-Hammer electric al panels, and primarily copper plumbing throughout, reducing near-term capital needs and supporting operational stability. The property is also conveniently located near major employment and institutional drivers, including the University of Washington, Seattle Children's Hospital, and the growing Magnuson Park corridor. The combination of desirable views, spacious units, recent improvements, and strong Northeast Seattle fundamentals makes Sandpoint Way Apartments a compelling multifamily investment opportunity.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,425,000

AD Id : 89444181

MLS Id : NWM2567375

Lot Size : 0.13 Acre

Living Area Size : 4,350

Year Built : 1930

County : King

Subdivision: Pos Resub Of Lt 8 Blk L

  • Map Map

Map

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Feature Features

  • Interior Features

    Roof: Composition

    Roofing Information

    Composition
  • Flooring Information

    Construction Materials: Metal/Vinyl
  • Heating & Cooling

    Heating: Baseboard Has Heating: Yes Cooling: None

  • Building Information

    Year Built: 1930
  • Exterior Features

    Metal/Vinyl Construction Materials: Metal/Vinyl

  • Lot Information

    Lot Description: Paved Lot Square Feet: 5633 Lot Acres: 0.1293

    Property Information

    Property Type: Residential Income Sub Type: Multi Family Structure Type: Multi Family

  • Listing Price Information

    Original List Price:$1425000

  • Tax Information

    Annual Tax: $14879 Tax Year: 2026 Parcel Number: 8820900260

  • Parking Information

    Total Parking: 2

  • Utility Information

    Sewer: Sewer Connected
  • Location Information

    Subdivision: Matthews Beach City: Seattle Direction: Take NE 125th until intersects with Sand Point Way NE. Property is located on East Side of Sand Point Way.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
13717 32nd Avenue, Seattle, WA, 98125 $1,250,000 -- -- 6,184 6,184 SqFt
12741 NE 35th Avenue, Seattle, WA, 98125 $1,850,000 -- -- 6,351 6,351 SqFt
12317 35th Avenue, Seattle, WA, 98125 $1,216,800 -- -- 3,380 3,380 SqFt
11350 28th Avenue, Seattle, WA, 98125 $850,000 -- -- 1,710 1,710 SqFt
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ByOwner last updated this listing 08/11/2026 @ 18:20

MLS: NWMLS #2567375 LISTED BY: Jonathan D. Bye, John L. Scott, Inc 253-852-9200 SOURCE: NWMLS - Northwest Multiple Listing Service (Listings courtesy of NWMLS - Northwest Multiple Listing Service as distributed by MLS GRID)

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