1011 Pike St, Seattle, WA 98101

Multifamily · Seattle · Seattle-Bellevue metro, WA

Imagery suggests: mid-rise mixed-use, appears multi-tenant. AI estimate from public imagery. In recent public imagery (2026-06), the building appears well maintained. AI estimate from public imagery; may be outdated.

One of 5,391 reachable multifamily buildings in Seattle. Larger than 97% of multifamily buildings in Seattle (median 9,444 SF), derived from assessor records.

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Building size: 195,000 SF, King County Assessor
Lot size: 30,299 SF, King County Assessor
Year built: 1991, King County Assessor
Stories: 8, King County Assessor
Predominant use: Avia Apartments - Pike St, King County Assessor
Units: 183, King County Assessor
Assessed value: $41,265,000, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $211.62/SF, derived from assessor records
Lot coverage: 644%, derived from assessor records
Vintage: 1990s vintage
Zoning: NC3P-95 (M), King County
County use code: Apartment
Construction (observed): steel glass, AI estimate from public imagery
Parking (observed): structured, AI estimate from public imagery
Frontage (observed): mid block, AI estimate from public imagery

Nearby comparable buildings

Same building type, by distance. Assessor facts only; not an opinion of value.

1420 Boren Ave, Seattle · 0.1 mi · 21,712 SF · built 1925 · assessed $279.75/SF
1400 Boren Ave, Seattle · 0.1 mi · 63,681 SF · built 1925 · assessed $226.21/SF
1100 Pike St, Seattle · 0.1 mi · 53,232 SF · built 1908 · assessed $287.36/SF
1331 Terry Ave, Seattle · 0.1 mi · 21,483 SF · built 1967 · assessed $260.58/SF
1330 Boren Ave, Seattle · 0.1 mi · 57,930 SF · built 1925 · assessed $234.23/SF
1411 Bellevue Ave, Seattle · 0.1 mi · 12,280 SF · built 1909 · assessed $383.64/SF

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Sale history and market context

MakeMe Estimate: $39,594,422 (estimated market value), with a likely range of $36,165,720 to $40,861,769 (half of recent verified sales in this segment landed inside that range). Based on 98 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works. About $216K per unit at the midpoint (183 units).

Last sold: 2004-12-22 for $18,740,000 (recorded arm's-length sale).

Current ownership dates to 2022 (about 4 years) per recorded transfers.

2022-06-23: $59,944,432 from CHSP Seattle LLC A Delaware Limited Liability Comp… to Avia Sea Pike LLC (part of a 2-parcel sale; price is the whole deal), rec. 20220624000270

2011-05-02: $51,839,722 from Aew Sbco Seattle LLC to CHSP Seattle LLC (part of a 2-parcel sale; price is the whole deal), rec. 20110503001073

2006-06-12: $29,300,000 from Fan Pier Land Company to Aew Sbco Seattle LLC (part of a 2-parcel sale; price is the whole deal), rec. 20060612001763

2006-01-05: $28,900,000 from Seattle Summerfueld Owners LLC to Fan Pier Land Company C/O Hyatt Corporation (part of a 2-parcel sale; price is the whole deal), rec. 20060118000740

2004-12-22: $18,740,000 from S Seattle LLC to Seattle Summerfield Owners LLC, rec. 20041229002027

Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.

Value over time

Solid line: county appraised value per King County tax rolls. Shaded range: our modeled estimate for each year, built from recorded arm's-length sales in the building's segment; years without enough sales stay unmodeled. Dots: recorded arm's-length sales. Not an appraisal. How this estimate works.

Land, site, and value history

Assessed value moved from $21,491,400 (2011) to $41,265,000 (2026), up 92% over 15 years, per county tax rolls. The 2026 roll splits $41,265,000 into $24,239,200 land and $17,025,800 improvements.

Zoning: NC3P-95 (M) (per King County)

Lot: 30,299 sq ft

Rated views: Territorial

Nuisance flags: Traffic noise

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Apartment 160,199 SF; Basement, Parking 30,301 SF; Retail Store 4,500 SF (county building sections)

County districts report (schools, fire, sewer, council; on kingcounty.gov)

Permit history

2025-03-07: Electrical, declared value $38,727 (Screened), permit 7074203-EL

2025-02-03: Electrical, declared value $13,583 (Screened), permit 7068525-EL

2024-12-02: Electrical, declared value $64,090 (Screened), permit 7058782-EL

2024-04-30: Other, declared value $1 (Screened), permit 7022378-RF

2024-04-29: Electrical, declared value $10,000 (Screened), permit 7022086-EL

2024-02-14: Remodel, declared value $250,000 (Revisit), permit 6921535-CN

2024-01-11: Electrical, declared value $3,500 (Screened), permit 7004326-EL

2023-05-22: Electrical, declared value $700 (Screened), permit 6966067-EL

2020-02-05: Remodel, declared value $120,000 (Complete), permit 6770258-CN

2017-07-26: Remodel, declared value $150,000 (Complete), permit 6591182

Source: King County permit records (newest first).