1623 5th Ave N, Seattle, WA 98109

Multifamily · Seattle · Seattle-Bellevue metro, WA

One of 5,391 reachable multifamily buildings in Seattle. Larger than 37% of multifamily buildings in Seattle (median 9,444 SF), derived from assessor records.

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Building size
6,732 SF, King County Assessor
Lot size
6,184 SF, King County Assessor
Year built
1959, King County Assessor
Stories
3, King County Assessor
Predominant use
4 Unit Apt, King County Assessor
Units
4, King County Assessor
Assessed value
$1,986,500, per the King County Assessor (not a market appraisal)
Assessed value per building SF
$295.08/SF, derived from assessor records
Lot coverage
109%, derived from assessor records
Vintage
1950s vintage
Zoning
LR2 (M), King County
County use code
4-Plex

Nearby comparable buildings

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

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Sale history and market context

MakeMe Estimate: $1,952,172 (estimated market value), with a likely range of $1,732,918 to $2,226,885 (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 $488K per unit at the midpoint (4 units).

Last sold: 1994-06-01 for $550,000 (recorded arm's-length sale).

Current ownership dates to 2003 (about 23 years) per recorded transfers.

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

Value over time

$683K$1.37M$2.05M$2.73M201120142017202020232026County appraised valueEstimated value (modeled range)

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 $774,000 (2011) to $1,986,500 (2026), up 157% over 15 years, per county tax rolls. The 2026 roll splits $1,986,500 into $1,329,500 land and $657,000 improvements.

Taxes