2316 Yale Ave E, Seattle, WA 98102

Multifamily · Seattle · Seattle-Bellevue metro, WA

One of 5,391 reachable multifamily buildings in Seattle. Larger than 44% of multifamily buildings in Seattle (median 9,444 SF), derived from assessor records.

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Building size: 7,904 SF, King County Assessor
Lot size: 6,600 SF, King County Assessor
Year built: 1965, King County Assessor
Stories: 3, King County Assessor
Predominant use: Royale Apts, King County Assessor
Units: 9, King County Assessor
Assessed value: $2,707,000, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $342.48/SF, derived from assessor records
Lot coverage: 120%, derived from assessor records
Vintage: 1960s vintage
Zoning: LR3 (M), King County
County use code: Apartment
Construction (observed): wood frame, AI estimate from public imagery
Parking (observed): surface lot, 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.

2318 Yale Ave E, Seattle · 0 mi · 10,148 SF · built 1969 · assessed $290.70/SF
2321 Yale Ave E, Seattle · 0 mi · 7,527 SF · built 1947 · assessed $313.54/SF
2311 Yale Ave E, Seattle · 0 mi · 4,599 SF · built 1928 · assessed $349.42/SF
92 E Lynn St, Seattle · 0 mi · 18,360 SF · built 1930 · assessed $271.19/SF
103 E Lynn St, Seattle · 0 mi · 6,300 SF · built 1962 · assessed $384.92/SF
2349 Yale Ave E, Seattle · 0 mi · 5,859 SF · built 1964 · assessed $321.73/SF

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Sale history and market context

MakeMe Estimate: $2,617,937 (estimated market value), with a likely range of $2,323,909 to $2,986,338 (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 $291K per unit at the midpoint (9 units).

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

2 administrative transfers (no consideration), 1992 to 2003

1992-04-30: $33,840 from Private party to Private party (non-market transfer), rec. 199205081117

1992-04-30: $4,320 from Private party to Private party (non-market transfer), rec. 199205081115

3 administrative transfers (no consideration), 1992 to 1992

1992-04-21: $38,160 from Private party to Private party (non-market transfer), rec. 199205081116

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 $1,167,000 (2011) to $2,707,000 (2026), up 132% over 15 years, per county tax rolls. The 2026 roll splits $2,707,000 into $1,815,000 land and $892,000 improvements.

Zoning: LR3 (M) (per King County)

Lot: 6,600 sq ft

Rated views: Lake / river / creek

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Multiple Residence (Low Rise) 7,904 SF (county building sections)

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