2460 NE Northgate Way, Seattle, WA 98125

Multifamily · Seattle · Seattle-Bellevue metro, WA

Imagery suggests: small motel/apartment building, 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 AI estimate from public imagery; may be outdated.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 34% of multifamily buildings in Seattle (median 9,444 SF), derived from assessor records.

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Building size: 6,320 SF, King County Assessor
Lot size: 8,000 SF, King County Assessor
Year built: 1962, King County Assessor
Stories: 2, King County Assessor
Predominant use: The Aloha House, King County Assessor
Units: 10, King County Assessor
Assessed value: $1,760,000, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $278.48/SF, derived from assessor records
Lot coverage: 79%, derived from assessor records
Vintage: 1960s vintage
Zoning: NC3-40 (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.

2405 NE 113th St, Seattle · 0 mi · 6,822 SF · built 1961 · assessed $223.25/SF
2411 NE 113th St, Seattle · 0 mi · 5,900 SF · built 1961 · assessed $232.20/SF
11032 Lake City Way NE, Seattle · 0.1 mi · 57,756 SF · built 2002 · assessed $201.56/SF
11314 25th Ave NE, Seattle · 0.1 mi · 21,303 SF · built 1986 · assessed $265.13/SF
11324 25th Ave NE, Seattle · 0.1 mi · 3,280 SF · built 1959 · assessed $272.26/SF
2515 NE 115th St, Seattle · 0.1 mi · 3,280 SF · built 1954 · assessed $272.26/SF

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Sale history and market context

MakeMe Estimate: $1,864,722 (estimated market value), with a likely range of $1,655,291 to $2,127,130 (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 $186K per unit at the midpoint (10 units).

Last sold: 2024-07-10 for $2,000,000 (recorded arm's-length sale).

Current ownership dates to 2024 (about 2 years) per recorded transfers.

2024-07-10: $2,000,000 from Nestor LLC to 2460 Northgate LLC, rec. 20240712000705

2019-06-19: $2,625,000 from Chelsea Apartments LLC to Nestor LLC, rec.

2017-01-27: $1,250,000 from Private party to Chelsea Apartments LLC, rec. 20170127001477

2 administrative transfers (no consideration), 1996 to 1996

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 $689,000 (2011) to $1,760,000 (2026), up 155% over 15 years, per county tax rolls. The 2026 roll splits $1,760,000 into $840,000 land and $920,000 improvements.

Zoning: NC3-40 (M) (per King County)

Lot: 8,000 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: Multiple Residence (Low Rise) 6,320 SF (county building sections)

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