USAWASeattleLicton Springs8848 Stone Ave N
Listing image | Image 1

8848 Stone Ave N, Seattle, WA

House

For Sale

Listed price in listed location currency (USD).
$1,800,000

0010

MLS® 2533806

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage 
Taxes $19,251
Days Active 22
Lot Size 0.1412 Acres
Approx. Age 1988
MLS® Number 2533806

Property Address: 8848 Stone Ave N, Seattle, WA, 98103-2103

Average square foot calculated using Size range provided by listing agent.

Description

We are pleased to present 8848 Stone Ave N, a pride-of-ownership 10-unit apartment community in Seattle’s North Green Lake neighborhood. Built in 1988, the building offers a well-balanced unit mix of 2 studios, 4 one-bedrooms, and 4 two-bedrooms — spacious floor plans filled with natural light and equipped with in-unit laundry throughout. Durable building systems include copper plumbing, a Siemens electric panel, and a 2021 roof replacement, delivering a new owner a clean operational foundation with minimal deferred maintenance. A secured entry system and fully fenced rear parking lot with 10 assigned spaces complete a resident experience that is low-friction and well managed. In-place rents currently sit approximately 15% below market, presenting an immediate opportunity for a new owner to close that gap through disciplined lease management alone. For investors with a light renovation appetite, the one-bedroom and two-bedroom units present the most compelling upside — rehabbed rents on those unit types are projected to achieve premiums of 21% and 32% respectively above current in-place rents, a return profile that meaningfully repositions the asset’s income and long-term value.
MLS® Number2533806
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1988
Basement
Driveway
Garage Spaces
HeatBaseboard
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 2, 2026List Date
$1,800,000List Price
  • Commute

Commute

Starting Address
Destination Address
8848 Stone Ave N, Seattle, WA

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