109 23rd Ave E, Seattle, WA 98112

Multifamily · Seattle · Seattle-Bellevue metro, WA

Imagery suggests: townhouse, 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 AI estimate from public imagery; may be outdated.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 85% of multifamily buildings in Seattle (median 9,444 SF), derived from assessor records.

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Building size: 40,779 SF, King County Assessor
Lot size: 35,360 SF, King County Assessor
Year built: 1968, King County Assessor
Stories: 3, King County Assessor
Predominant use: Elizabeth James House, King County Assessor
Units: 60, King County Assessor
Assessed value: $13,943,800, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $341.94/SF, derived from assessor records
Lot coverage: 115%, derived from assessor records
Vintage: 1960s vintage
Zoning: LR3 (M), King County
County use code: Apartment
Construction (observed): wood frame, AI estimate from public imagery
Parking (observed): surface lot, 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.

136 22nd Ave E, Seattle · 0 mi · 4,719 SF · built 2012 · assessed $333.97/SF
120 23rd Ave E, Seattle · 0 mi · 12,827 SF · built 1923 · assessed $299.76/SF
2312 E Denny Way, Seattle · 0 mi · 3,760 SF · built 1983 · assessed $385.37/SF
2010 E Jansen Ct, Seattle · 0.1 mi · 7,352 SF · built 2020 · assessed $407.78/SF
126 22nd Ave E, Seattle · 0.1 mi · 3,840 SF · built 1915
202 23rd Ave E, Seattle · 0.1 mi · 3,827 SF · built 1912 · assessed $368.17/SF

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Sale history and market context

MakeMe Estimate: $12,942,663 (estimated market value), with a likely range of $11,489,039 to $14,763,980 (half of recent verified sales in this segment landed inside that range). Based on 667 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works. About $216K per unit at the midpoint (60 units).

Last sold: 1995-03-31 for $1,610,000 (recorded arm's-length sale).

Current ownership dates to 2026 per recorded transfers.

2026-01-13: $12,987,800 from Elizabeth James Senior Housing to Elizabeth James House LP (part of a 3-parcel sale; price is the whole deal), rec. 20260219000050

1995-03-31: $1,610,000 from Private party to Elizabeth James Senior Housing, rec. 199503311540

1994-12-29: transfer from Private party to Private party (non-market transfer), rec. 199412302062

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 $5,759,000 (2011) to $13,943,800 (2026), up 142% over 15 years, per county tax rolls. The 2026 roll splits $13,943,800 into $10,608,000 land and $3,335,800 improvements.

Zoning: LR3 (M) (per King County)

Lot: 35,360 sq ft

Rated views: Cascades, Territorial

Nuisance flags: Traffic noise

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Floor and use mix: Multiple Residence (Low Rise) 40,779 SF (county building sections)

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

Permit history

2026-02-19: Electrical (Screened), permit 7130076-EL

2024-12-16: Electrical, declared value $500 (Screened), permit 7061237-EL

2024-05-07: Remodel, declared value $75,000 (Screened), permit 7023572-CN

2023-10-26: Electrical, declared value $12,000 (Screened), permit 6993358-EL

2023-07-07: Electrical, declared value $1,100 (Screened), permit 6974247-EL

2009-10-12: Other, declared value $350,000 (Screened), permit 6224432

Source: King County permit records (newest first).