2116 4th Ave, Seattle, WA 98121

Multifamily · Seattle · Seattle-Bellevue metro, WA

One of 6,731 reachable multifamily buildings in Seattle. Larger than 100% of multifamily buildings in Seattle (median 6,744 SF), derived from assessor records.

Usable building area
345,146 SF, King County Assessor
County gross area
521,577 SF, King County Assessor
Excluded area
176,431 SF outside primary usable area
Lot size
12,730 SF, King County Assessor
Year built
2018, King County Assessor
Stories
43, King County Assessor
Predominant use
Apartment(mixed Use), King County Assessor
Assessed value
$27,346,900, per the King County Assessor (not a market appraisal)
Assessed value per usable SF
$79.23/SF, derived from assessor records
Usable area / lot
27.11, derived from assessor records
Vintage
2010s vintage
Zoning
DMC 240/290-440, King County
County use code
Apartment(Mixed Use)

Nearby comparable buildings

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

Want to talk to the owner? makeme1031 delivers a private letter directly to the owner of record. We never publish the owner's identity or address.

Own this building?

Claim privately

Claiming is for you. Your mailing address is never shown; no offer reaches you unless you opt in.

Claimed owners can confirm facts, watch the estimate, and decide whether to reply.

Received a letter about this building? It came from a real buyer through makeme1031; claiming is how you reply privately, on your terms.

Claimed owners also get Portfolio Pulse: a monthly email tracking this building's value.

Claim or manage this building

Sale history and market context

MakeMe Estimate: $27.3M (estimated market value), with a likely range of $26.1M to $29.8M (half of recent verified sales in this segment landed inside that range). Based on 8 verified arm's-length comparable sales (through 2026-06-01). Not an appraisal. How this estimate works.

lower confidence: 8 comparable sales within 3 miles; nearest 0.3 mi. Comparable-sale caveat: the estimate is 80% below the $400.34/SF median of the shown comparable sales.

Comparable sales used as evidence

Recorded arm's-length sales of similar buildings nearby; nearer and more recent sales rank first. The strongest 5 of 8 nearby verified sales are shown. Buyer and seller names are withheld. Get this data via API.

Market context: Multifamily in Seattle

median verified sale $367.78/SF over the trailing 24 months; median $272,333 per unit; 157 sales in the last 12 months and 300 in 24 (newest verified sale 2026-05); the middle 80% of recent sales traded at 0.78x to 1.25x their county assessed value, median 1.00x (300 sales with usable county values).

  • 2022: $427.16/SF median (207 sales)
  • 2023: $403.69/SF median (125 sales)
  • 2024: $364.48/SF median (126 sales)
  • 2025: $376.55/SF median (168 sales)
  • 2026 YTD: $367.11/SF median (53 sales)

This estimate sits at 1.00x county assessed value, the 44th percentile of those recent sale premiums.

Computed from 6,951 verified arm's-length sales in King County public records (300 in the trailing 24 months). Free public records. Not an appraisal.

Land, site, and value history