Cedar Lane Apartments

For Sale

12536 Greenwood Avenue North, Seattle, WA 98133

This Seattle property for sale is located at 12536 Greenwood Avenue North. The current listed sale price for Cedar Lane Apartments is $3,350,000. Cedar Lane Apartments is situated on a lot that is 0.33 acre in size.

Contacts

broker
Ryan Downing

Capstone Commercial

Property Details

  • Property Type Multi-Family
  • Property Size 10,276 SF
  • Units 16
  • Lot Size 0.33 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1962
  • Date Updated Mar 10, 2025
Discover the bustling neighborhood surrounding the property in Seattle's Greenwood area. This vibrant community offers a unique blend of commercial and residential spaces, making it an attractive location for office investors. Nearby, the Aurora Avenue corridor provides easy access to major transportation routes, linking the area to downtown Seattle and beyond. Experience the diverse dining options, local breweries, and boutique shops in the area, offering convenience and vibrancy for potential tenants and employees. With its proximity to amenities and strong connectivity, the Greenwood area presents an exciting opportunity for office investors looking to capitalize on the dynamic Seattle market.Unlock the Full Potential of Cedar Lane Apartments. Discover a prime value-add investment opportunity in the heart of Seattle, WA. Cedar Lane Apartments is a well-maintained 16-unit, 10,276 SF multifamily property built in 1962, offering significant upside potential through modern renovations and unit upgrades. Strategically located in a desirable neighborhood and zoned LR3(M), this low-rise garden-style community is primed for increased rental income and long-term appreciation. The Cedar Lane Apartments provides immediate returns while offering investors the opportunity to maximize value through cosmetic enhancements, amenity improvements, and strategic management efficiencies. This is a rare chance to transform a stable asset into a high-performing property in one of Seattle’s thriving rental markets. Don’t miss out on this lucrative investment—capitalize on Cedar Lane’s untapped potential today!
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Getting around

  • 65/100

    Walk Score ®

  • 47/100

    Transit Score ®

  • 69/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Seattle, WA
  • Neighborhood Bitter Lake
  • Zip Code 98133
  • Market Seattle

Points of Interest

  • NE 130th Street

    1.47 miles

  • Northgate

    1.75 miles

  • Brooklyn Avenue & 45th Street

    4.57 miles

  • U District

    4.59 miles

  • 43rd Street & Brooklyn Avenue

    4.63 miles

  • Edmonds

    6.39 miles

  • Fairview & Campus Drive

    6.53 miles

  • Westlake & Mercer

    6.72 miles

  • Terry & Mercer

    6.79 miles

  • Westlake & Thomas

    6.92 miles

  • 76

    0.50 miles

  • Chevron

    0.78 miles

  • Arco

    0.90 miles

  • Shell

    1.30 miles

  • Northgate Supercharger

    1.61 miles

  • Electrify America Charging Station

    1.65 miles

  • eVgo

    1.84 miles

  • Chargepro

    1.92 miles

  • Tesla Supercharger

    2.48 miles

  • Blink Charging Station

    2.93 miles

  • Lot G

    0.84 miles

  • Lot I

    0.89 miles

  • Lot F

    0.91 miles

  • Lot H

    0.94 miles

  • Lot M

    0.95 miles

  • Lot J

    0.97 miles

  • Lot E

    0.98 miles

  • Lot K

    1.01 miles

  • Lot L

    1.02 miles

  • Lot D

    1.02 miles

  • Nites Inn Motel

    0.61 miles

  • Comfort Inn & Suites

    0.76 miles

  • Courtyard Seattle Northgate

    1.30 miles

  • Hotel Nexus

    1.33 miles

  • Columbus Motor Inn

    1.57 miles

  • Crown Inn

    1.63 miles

  • Days Inn

    1.85 miles

  • Hampton Inn & Suites

    1.95 miles

  • Oak Tree Motel

    1.96 miles

  • The Motel Georgian

    1.98 miles

  • Ross

    0.48 miles

  • Amazon Fresh

    0.50 miles

  • Sprouts Farmers Market

    0.60 miles

  • Asian Family Market

    0.62 miles

  • US Food Chef's Store

    0.68 miles

  • QFC

    1.36 miles

  • Parkwood Plaza

    1.41 miles

  • Safeway

    1.49 miles

  • Town & Country

    1.53 miles

  • Target

    1.61 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Ryan Downing

Capstone Commercial

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