2707 W Jameson Street, Seattle, WA 98199

Property Description

Constructed in 1966, this well-maintained eight-unit apartment community features quality wood-frame construction with a durable marblecrete exterior. Ideally situated in Seattle’s highly sought-after Magnolia neighborhood, the property has historically maintained exceptionally low vacancy, driven by its premier location and strong tenant demand. The Magnolia 8-Unit Apartments offer investors an attractive value-add opportunity through the ability to increase below-market rents as units turn over, while also presenting the potential to add a legal ninth apartment unit (buyer to verify). The property’s desirable unit mix consists of five one-bedroom/one-bath units and three two-bedroom/one-bath units, along with seven on-site parking spaces and ample unrestricted street parking. Ownership has completed several meaningful capital improvements, including a full tear-off roof replacement. The building is also serviced by copper plumbing, providing long-term durability and minimizing future maintenance costs. Combining a prime Magnolia location, stable occupancy history, and clear upside potential, this offering represents an exceptional opportunity to acquire a quality multifamily asset in one of Seattle’s most established and supply-constrained neighborhoods.

Listing Status:

Pending

Data Last Updated:

August 13, 2026 at 1:19AM

Listing Office:

Westlake Associates, Inc. : 206-505-9400

Listing Agent:

Travis Kannier : 206-505-9400

MLS ID:

2565089

Interior

• Flooring: HardwoodLaminateVinyl PlankCarpet
• A/C: None
• Heating: Baseboard
• Fireplace: Fireplaces: 0

Exterior

• General: Cement/ConcreteWood
• Parking: Parking spaces: 7

Construction

• Roofing: Flat
• General: 55 - 5-9 Units

Location

• HOA Amenities: 0.0
• Originating MLS: nwmls
• School District: Seattle
• County: King

Lot

• Zoning: 2770606655
• View: CanalPartialTerritorialView

Utilities

• Sewer: Sewer Connected

Financial

• Source: nwmls