1510 E Olive Way, Seattle, WA 98122

Multifamily · Seattle · Seattle-Bellevue metro, WA

Imagery suggests: mixed-use retail/residential, 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 AI estimate from public imagery; may be outdated.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 67% of multifamily buildings in Seattle (median 9,444 SF), derived from assessor records.

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Building size: 17,003 SF, King County Assessor
Lot size: 5,800 SF, King County Assessor
Year built: 1924, King County Assessor
Stories: 3, King County Assessor
Predominant use: Mixed-Use Apartment, King County Assessor
Units: 9, King County Assessor
Assessed value: $4,763,000, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $280.13/SF, derived from assessor records
Lot coverage: 293%, derived from assessor records
Vintage: pre-war vintage
Zoning: NC3P-75 (M), King County
County use code: Apartment(Mixed Use)
Construction (observed): masonry, AI estimate from public imagery
Parking (observed): street only, 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.

1816 Bellevue Ave, Seattle · 0 mi · 21,264 SF · built 1910 · assessed $205.63/SF
430 E Howell St, Seattle · 0 mi · 28,094 SF · built 1955 · assessed $314.34/SF
115 Bellevue Ave E, Seattle · 0 mi · 16,304 SF · built 1910 · assessed $253.31/SF
400 E Denny Way, Seattle · 0 mi · 5,824 SF · built 1963 · assessed $391.14/SF
1808 Bellevue Ave, Seattle · 0 mi · 63,102 SF · built 1992 · assessed $276.44/SF
404 E Howell St, Seattle · 0 mi · 26,694 SF · built 1925 · assessed $321.65/SF

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Sale history and market context

MakeMe Estimate: $4,323,425 (estimated market value), with a likely range of $3,837,850 to $4,931,826 (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 $480K per unit at the midpoint (9 units).

Last sold: 2025-03-27 for $4,000,000 (recorded arm's-length sale).

Current ownership dates to 2025 per recorded transfers.

2025-03-27: $4,000,000 from Olive Crest Investors LLC to 1522 E Olive Way LLC, rec. 20250331001050

2016-08-31: transfer from Wolfhawk LLC to Olive Crest Investors LLC (non-market transfer), rec. 20160831003118

2013-07-29: $1,100,494 from Olive Crest Investors LLC to Olive Crest Investors LLC+Wolfhawk LLC, rec. 20130731002729

2011-08-17: transfer from Private party to Olive Crest Investors LLC (non-market transfer), rec. 20110819000324

2006-12-13: $244,380 from Olive Crest Investors LLC to Private party (non-market transfer), rec. 20061218000657

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 $2,914,100 (2011) to $4,763,000 (2026), up 63% over 15 years, per county tax rolls. The 2026 roll splits $4,763,000 into $3,045,000 land and $1,718,000 improvements.

Zoning: NC3P-75 (M) (per King County)

Lot: 5,800 sq ft

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 6,989 SF; Restaurant, Table Service 5,861 SF; Basement, Semifinished 4,153 SF (county building sections)

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

Permit history

2024-08-05: Remodel, declared value $10,000 (Screened), permit 7038578-CN

2020-05-07: Remodel, declared value $176,000 (Screened), permit 6760572-CN

2017-02-03: Remodel, declared value $107,327 (Screened), permit 6525778

2015-09-30: Remodel, declared value $200,000 (Complete), permit 6473249

2014-03-14: Remodel, declared value $150,000 (Complete), permit 6386127

Source: King County permit records (newest first).