308 4th Ave S, Seattle, WA 98104

Multifamily · Seattle · Seattle-Bellevue metro, WA

Imagery suggests: urban mixed-use, 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 AI estimate from public imagery; may be outdated.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 97% of multifamily buildings in Seattle (median 9,444 SF), derived from assessor records.

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Building size: 162,990 SF, King County Assessor
Lot size: 17,270 SF, King County Assessor
Year built: 1910, King County Assessor
Stories: 9, King County Assessor
Predominant use: Mixed Use Apartments, King County Assessor
Units: 254, King County Assessor
Assessed value: $17,612,800, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $108.06/SF, derived from assessor records
Lot coverage: 944%, derived from assessor records
Vintage: pre-war vintage
Zoning: IDR/C 125/150-270, King County
County use code: Apartment(Subsidized)
Construction (observed): masonry, AI estimate from public imagery
Parking (observed): street only, 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.

400 S Jackson St, Seattle · 0 mi · 135,829 SF · built 2015 · assessed $221.26/SF
442 S Main St, Seattle · 0 mi · 91,128 SF · built 2015 · assessed $258.71/SF
520 S Main St, Seattle · 0.1 mi · 74,327 SF · built 1979 · assessed $197/SF
206 5th Ave S, Seattle · 0.1 mi · 46,915 SF · built 2023 · assessed $264/SF
200 5th Ave S, Seattle · 0.1 mi · 40,420 SF · built 1910 · assessed $251.61/SF
614 S Jackson St, Seattle · 0.1 mi · 27,494 SF · built 1910 · assessed $145.97/SF

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Sale history and market context

MakeMe Estimate: $23,605,606 (estimated market value), with a likely range of $21,561,465 to $24,361,180 (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 $93K per unit at the midpoint (254 units).

Last sold: 2012-06-06 for $12,517,655 (recorded arm's-length sale).

Current ownership dates to 2012 (about 14 years) per recorded transfers.

2 administrative transfers (no consideration), 2023 to 2023

2014-08-15: $98,280 from Gre Downtowner LLC to Gre 4th Avenue South LLC (part of a 2-parcel sale; price is the whole deal), rec. 20140902001130

2014-08-15: $98,280 from Gre 4th Avenue South LLC to Gre Downtowner LLC (part of a 2-parcel sale; price is the whole deal), rec. 20140902001131

2012-06-06: $12,517,655 from 308 4th Avenue South Joint Venture to Gre Downtowner LLC, rec. 20120606000991

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 $3,258,000 (2011) to $17,612,800 (2026), up 441% over 15 years, per county tax rolls. The 2026 roll splits $17,612,800 into $8,030,500 land and $9,582,300 improvements.

Zoning: IDR/C 125/150-270 (per King County)

Lot: 17,270 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Floor and use mix: Apartment 129,070 SF; Basement, Semifinished 29,300 SF; Retail Store 4,620 SF (county building sections)

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

Permit history

2017-04-27: Remodel, declared value $80,000 (Complete), permit 6567585

2015-07-30: Other, declared value $15,873,681 (Complete), permit 6407939

2014-07-18: Remodel, declared value $5,000 (Complete), permit 6427840

2014-07-01: Remodel, declared value $80,000 (Complete), permit 6425334

2013-01-11: Building, New, declared value $41,845 (Complete), permit 6336362

2012-07-10: Remodel, declared value $1,400,000 (Complete), permit 6312175

2012-07-10: Remodel, declared value $800,000 (Complete), permit 6313959

2012-05-11: Remodel, declared value $2,200,000 (Complete), permit 6260187

Source: King County permit records (newest first).