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$1,650,000
2 Days On Site
5505 NE 65th StreetSeattle, WA 98115
For Sale|Multi Family|Active
0
Beds
0
Total Baths
3,610
SqFt
$457
/SqFt
1956
Built
Cumulative Days On Market:
3
Subdivision:
Hawthorne Hills
County:
King
Courtesy of NWMLS
Listing courtesy of Chad Michael Martini of Westlake Associates, Inc.
Listing courtesy of Chad Michael Martini of Westlake Associates, Inc.
Call Now: (360) 219-9514
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Monthly Payment (Est.)
$7,528Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.
Burkewood Apartments is an appealing 8-unit multifamily investment in Seattle’s sought-after Hawthorne Hills neighborhood. This well-maintained property, built in 1956, boasts 8 moderately updated 1BD/1BA units on a 6,000 SF lot zoned NR3, offering future redevelopment potential. Burkewood provides strong value-add opportunities via rent increases—current averages of $1,409 per unit could rise to proforma market levels of $1,550, elevating NOI from $86,662 to $110,933 and cap rate from 5.29% to 6.72%. The prime location, near Magnuson Park, the Burke-Gilman Trail, University of Washington, Seattle Children’s Hospital, and University Village, drives tenant appeal in a high-demand, supply-limited area with top schools and amenities.
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Listing Snapshot
Price
$1,650,000
Days On Site
2 Days
Bedrooms
N/A
Inside Area (SqFt)
3,610 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.1377 Acres
Year Built
1956
MLS® Number
2448363
Status
Active
Property Tax
$13,362
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 3 days ago | Listing updated with changes from the MLS® | |
| 3 days ago | Listing first seen on site |
General Features
Acres
0.1377
Number Of Stories
2
Parking Spaces
5
Property Sub Type
Multi Family
SqFt Total
3610
Utilities
Sewer Connected
Interior Features
Flooring
LaminateVinyl
Heating
Electric
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Exterior Features
Construction Details
BrickWood Siding
Lot Features
Paved
Roof
Flat
Community Features
Association Amenities
Coin Laundry
Financing Terms Available
Conventional
MLS Area
710 – North Seattle
School District
Seattle
Schools
School District
Seattle
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Courtesy of NWMLS
Listing courtesy of Chad Michael Martini of Westlake Associates, Inc.
Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Northwest MLS.
All data is obtained from various sources and may not have been verified by the broker or MLS Grid. 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.
Last checked: 2025-10-27 06:15 AM PDT
Listing courtesy of Chad Michael Martini of Westlake Associates, Inc.
Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Northwest MLS.
All data is obtained from various sources and may not have been verified by the broker or MLS Grid. 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.
Last checked: 2025-10-27 06:15 AM PDT
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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