Scarcity determines value! An exceptionally rare chance to acquire prime property & a fully designed top-level apartment project at U District, adjacent to UW. The Rhythm Apartments project, with 3 neighboring parcels, has secured the MUP and is finalizing building permit. This meticulously planned project features a 7-story building with highly valuable commercial space on the 1st floor and 127 units from 2nd-7th floors, totaling 45,926 sqft & average unit size of 362 sqft. The project promises optimal investment returns in a short time, making it a dream opportunity. The design also includes underground parking space. Just a block from the UW central campus, proximity to shopping, entertainment, and restaurants in the bustling U District.
Prime corner lot in the U-District just 2 blocks from the Link light rail station and 4 blocks from the University of Washington. This 4,120 SF lot is 40X101 feet and is zoned SM-U 95-320 (M1). Currently leased to Diamond Parking month-to-month. Walk score of 94 & bike score of 84. Close to shops, restaurants and everything the U-district has to offer.
The median home value in Seattle, WA is $823,900. This is higher than the county median home value of $793,300. The national median home value is $338,100. The average price of homes sold in Seattle, WA is $823,900. Approximately 42.03% of Seattle homes are owned, compared to 50.95% rented, while 7.01% are vacant. Seattle real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Seattle real estate agent to arrange a tour today!
Seattle, Washington 98105 has a population of 726,054. Seattle 98105 is less family-centric than the surrounding county with 26.7% of the households containing married families with children. The county average for households married with children is 35.99%.
The median household income in Seattle, Washington 98105 is $105,391. The median household income for the surrounding county is $106,326 compared to the national median of $69,021. The median age of people living in Seattle 98105 is 35.3 years.
The average high temperature in July is 75.8 degrees, with an average low temperature in January of 37 degrees. The average rainfall is approximately 38 inches per year, with 4.6 inches of snow per year.