2011 5th Ave, Seattle, WA 98121

Multifamily · Seattle · Seattle-Bellevue metro, WA

Imagery suggests: mid-rise apartments, 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 AI estimate from public imagery; may be outdated.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 84% of multifamily buildings in Seattle (median 9,444 SF), derived from assessor records.

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Building size: 36,880 SF, King County Assessor
Lot size: 6,480 SF, King County Assessor
Year built: 1914, King County Assessor
Stories: 6, King County Assessor
Predominant use: Sheridan Apts, King County Assessor
Units: 57, King County Assessor
Assessed value: $11,081,000, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $300.46/SF, derived from assessor records
Lot coverage: 569%, derived from assessor records
Vintage: pre-war vintage
Zoning: DMC 240/290-440, King County
County use code: Apartment
Construction (observed): masonry, AI estimate from public imagery
Parking (observed): surface lot, AI estimate from public imagery

Nearby comparable buildings

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

2105 5th Ave, Seattle · 0.1 mi · 295,754 SF · built 2012 · assessed $317.83/SF
2139 6th Ave, Seattle · 0.1 mi · 676,169 SF · built 2012 · assessed $381.08/SF
2013 3rd Ave, Seattle · 0.1 mi · 41,706 SF · built 2015 · assessed $256.60/SF
2133 5th Ave, Seattle · 0.1 mi · 41,834 SF · built 1991 · assessed $282.26/SF
420 Blanchard St, Seattle · 0.1 mi · 37,300 SF · built 1925 · assessed $111.28/SF
1942 Westlake Ave, Seattle · 0.1 mi · 538,339 SF · built 2001 · assessed $357.37/SF

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Sale history and market context

MakeMe Estimate: $10,528,487 (estimated market value), with a likely range of $9,616,767 to $10,865,485 (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 $185K per unit at the midpoint (57 units).

Current ownership dates to 2015 (about 11 years) per recorded transfers.

2015-01-15: $20,700,000 from Aram Properties INC to Chainqui Development Virginia LLC (part of a 2-parcel sale; price is the whole deal), rec. 20150116000628

1991-07-24: $1,539,379 from Private party to Insuranceweek INC (part of a 2-parcel sale; price is the whole deal), rec. 199108010142

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 $6,261,000 (2011) to $11,081,000 (2026), up 77% over 15 years, per county tax rolls. The 2026 roll splits $11,081,000 into $7,776,000 land and $3,305,000 improvements.

Zoning: DMC 240/290-440 (per King County)

Lot: 6,480 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 36,880 SF (county building sections)

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