1305 NE 43rd St, Seattle, WA 98105

Multifamily · Seattle · Seattle-Bellevue metro, WA

One of 5,391 reachable multifamily buildings in Seattle. Larger than 91% of multifamily buildings in Seattle (median 9,444 SF), derived from assessor records.

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Building size: 63,837 SF, King County Assessor
Lot size: 8,240 SF, King County Assessor
Year built: 1928, King County Assessor
Stories: 8, King County Assessor
Predominant use: University Manor Apartments, King County Assessor
Units: 80, King County Assessor
Assessed value: $18,401,000, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $288.25/SF, derived from assessor records
Lot coverage: 775%, derived from assessor records
Vintage: pre-war vintage
Zoning: SM-U 75-240 (M1), King County
County use code: Apartment
Construction (observed): metal, AI estimate from public imagery
Parking (observed): street only, AI estimate from public imagery
Frontage (observed): interior, AI estimate from public imagery

Nearby comparable buildings

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

4234 University Way NE, Seattle · 0 mi · 16,974 SF · built 1908 · assessed $267.40/SF
4210 Brooklyn Ave NE, Seattle · 0.1 mi · 24,680 SF · built 1923 · assessed $294.12/SF
4217 Brooklyn Ave NE, Seattle · 0.1 mi · 40,870 SF · built 2021 · assessed $360.36/SF
4200 University Way NE, Seattle · 0.1 mi · 22,320 SF · built 1916 · assessed $305.47/SF
1304 NE 42nd St, Seattle · 0.1 mi · 22,542 SF · built 1924 · assessed $252.86/SF
1119 NE 43rd St, Seattle · 0.1 mi · 13,001 SF · built 1929 · assessed $250.44/SF

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Sale history and market context

MakeMe Estimate: $19,947,469 (estimated market value), with a likely range of $18,220,107 to $20,585,952 (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 $249K per unit at the midpoint (80 units).

Last sold: 2022-06-27 for $23,975,000 (recorded arm's-length sale).

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

2022-11-30: $20,000 from University Holdings 1 LLC +University Holdings 2 L… to U District Station Ground Lessee LLC, rec. 20230724000001

2022-06-27: $23,975,000 from University Manor Investors LLC +Pigotti Properties… to University Holdings 1 LLC +University Holdings 2 L…, rec. 20220721000727

2014-04-21: $12,991,500 from Private party to University Manor Investors Llc(87.14%) & Pigotti P…, rec. 20140422001018

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 $7,841,000 (2011) to $18,401,000 (2026), up 135% over 15 years, per county tax rolls. The 2026 roll splits $18,401,000 into $4,944,000 land and $13,457,000 improvements.

Zoning: SM-U 75-240 (M1) (per King County)

Lot: 8,240 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Floor and use mix: Apartment 60,799 SF; Retail Store 3,038 SF (county building sections)

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

Permit history

2024-12-16: Electrical, declared value $700 (Screened), permit 7061087-EL

2024-01-11: Electrical, declared value $20,000 (Screened), permit 7004362-EL

2024-01-04: Electrical, declared value $1,000 (Screened), permit 7003289-EL

2023-11-21: Electrical, declared value $1,000 (Screened), permit 6997394-EL

2023-10-18: Electrical, declared value $20,300 (Screened), permit 6991870-EL

2023-08-10: Remodel, declared value $55,750 (Screened), permit 6928024-CN

2023-07-21: Electrical, declared value $650 (Screened), permit 6976827-EL

2023-06-09: Electrical, declared value $1,000 (Screened), permit 6969625-EL

2023-06-09: Electrical, declared value $1,000 (Screened), permit 6969628-EL

2023-06-09: Electrical, declared value $1,000 (Screened), permit 6969623-EL

Source: King County permit records (newest first).