MLS: #NWM2507446, Listed By: Erich Bubbel, COMPASS, Source:NWMLS - Northwest Multiple Listing Service
8320 Lake City Way
Seattle, WA 98115
0
Bed
0
Bath
25,427Sqft
0.34Acre(Lot)
Vista Point Apartments, a well-maintained 30-unit multifamily property located in Seattle’s desirable Roosevelt neighborhood. Built in 1990, the property features 19 two-bedroom, two-bath units (~844 SF) and 11 one-bedroom, one-bath units (~599 SF), all with in-unit washer and dryers. The building offers secure access entry, gated parking with 37 on-site spaces, copper plumbing throughout, a new roof installed in 2023, and a brand new elevator completed in 2024. Current rents reach up to $1,500 for one-bedroom units and $2,000 for two-bedroom units, with a current cap rate of approximately 5.33% and significant upside through a renovation projected to achieve ~$1,995 and ~$2,600 respectively, resulting in a projected Renovated Cap Rate of approximately 9.30%. Additional income potential in
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Roof: See RemarksRoofing Information
See Remarks -
Flooring Information
Flooring: Vinyl Plank, Carpet Construction Materials: Wood -
Heating & Cooling
Heating: Baseboard, Forced Air Has Heating: Yes Cooling: None WaterSource: Public
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Building Information
Year Built: 1990 -
Exterior Features
Wood Products Construction Materials: Wood Foundation Details: See Remarks
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Lot Information
Lot Dimensions: 14,748 Lot Description: Corner Lot Lot Square Feet: 14748 Lot Acres: 0.3386Property Information
Property Type: Residential Income Sub Type: Multi Family Structure Type: Multi Family
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Listing Price Information
Original List Price:$6890000
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Tax Information
Annual Tax: $70743 Tax Year: 2026 Parcel Number: 0425049013
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Garage Information
Garage Space: 37
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School Information
Elementary School: Buyer To Verify Junior High School: Buyer To Verify Senior High School: Buyer To Verify -
Utility Information
Sewer: Sewer Connected Water Source: Public -
Location Information
Subdivision: Roosevelt City: Seattle Direction: GPS
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2110 NE 85th Street, Seattle, WA, 98115 | $1,299,000 | -- | -- | 2,900 | 2,900 SqFt |
| 9701 Roosevelt Way, Seattle, WA, 98115 | $875,000 | -- | -- | 1,840 | 1,840 SqFt |
| 809 NE 62nd Street, Seattle, WA, 98115 | $1,100,000 | -- | -- | -- | |
| 6537 Oswego Place, Seattle, WA, 98115 | $2,600,000 | -- | -- | 4,643 | 4,643 SqFt |
Similar Multifamily To 8320 Lake City Way
Nearby For Sale
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ByOwner last updated this listing 07/09/2026 @ 06:20
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