2015 2nd Ave, Seattle, WA 98121
Multifamily · Seattle · Seattle-Bellevue metro, WA
One of 5,391 reachable multifamily buildings in Seattle. Larger than 100% of multifamily buildings in Seattle (median 9,444 SF), derived from assessor records.
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- Building size
- 539,039 SF, King County Assessor
- Lot size
- 6,360 SF, King County Assessor
- Year built
- 2016, King County Assessor
- Stories
- 39, King County Assessor
- Predominant use
- Apartments, King County Assessor
- Units
- 314, King County Assessor
- Assessed value
- $132,130,000, per the King County Assessor (not a market appraisal)
- Assessed value per building SF
- $245.12/SF, derived from assessor records
- Lot coverage
- 8475%, derived from assessor records
- Vintage
- 2010s vintage
- Zoning
- DMC 240/290-440, King County
- County use code
- Apartment
Nearby comparable buildings
Same building type, by distance. Assessor facts only; not an opinion of value.
- 211 Lenora St, Seattle · 0 mi · 139,650 SF · built 1999 · assessed $227.15/SF
- 2013 3rd Ave, Seattle · 0.1 mi · 41,706 SF · built 2015 · assessed $256.60/SF
- 2119 2nd Ave, Seattle · 0.1 mi · 29,796 SF · built 1909 · assessed $211.87/SF
- 2100 Western Ave, Seattle · 0.1 mi · 67,705 SF · built 2001 · assessed $245.77/SF
- 1925 1st Ave, Seattle · 0.1 mi · 70,850 SF · built 1901 · assessed $353.52/SF
- 2127 2nd Ave, Seattle · 0.1 mi · 35,520 SF · built 1910 · assessed $216.88/SF
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Sale history and market context
MakeMe Estimate: $131,499,226 (estimated market value), with a likely range of $120,111,974 to $135,708,282 (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 $419K per unit at the midpoint (314 units).
Last sold: 1999-10-13 for $3,086,200 (recorded arm's-length sale).
Current ownership dates to 2017 (about 9 years) per recorded transfers.
- 2017-10-27: $224,936,000 from Tower 12 LP to Wa Tower 12 Apartments LLC (part of a 2-parcel sale; price is the whole deal), rec. 20171027000922
- 4 administrative transfers (no consideration), 2015 to 2017
- 2014-03-20: $16,000,000 from Inn at Pike Place LLC+2001 2nd Ave LLC to 2v Limited Partnership (part of a 2-parcel sale; price is the whole deal), rec. 20140320000291
- 2012-08-09: transfer from Inn at Pike Place LLC to State of Washington (non-market transfer), rec. 20120820000754
- 1999-10-13: $3,086,200 from Commodore Hotor Hotel INC to Inn at Pike Place LLC, rec. 19991013001463
Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.
Land, site, and value history
Assessed value moved from $2,592,000 (2011) to $132,130,000 (2026), up 4998% over 15 years, per county tax rolls. The 2026 roll splits $132,130,000 into $7,632,000 land and $124,498,000 improvements.
- Zoning: DMC 240/290-440 (per King County)
- Lot: 6,360 sq ft
- Rated views: Olympic Mountains, Puget Sound
- Water: Water District (per King County)
- Sewer: Public (per King County)
- Access: Public
- Street surface: Paved
- Floor and use mix: Apartment 388,426 SF; Underground Parking Structure 75,039 SF; Parking Structure 51,656 SF; Equipment Shed 16,185 SF; Retail Store 7,733 SF (county building sections)
- County districts report (schools, fire, sewer, council; on kingcounty.gov)