4501 SW Admiral Way, Seattle, WA 98116

Multifamily · Seattle · Seattle-Bellevue metro, WA

Imagery suggests: mid-rise apartments, 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 AI estimate from public imagery; may be outdated.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 52% of multifamily buildings in Seattle (median 9,444 SF), derived from assessor records.

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Building size: 9,891 SF, King County Assessor
Lot size: 5,290 SF, King County Assessor
Year built: 1958, King County Assessor
Stories: 3, King County Assessor
Predominant use: Limrock Apt, King County Assessor
Units: 11, King County Assessor
Assessed value: $2,421,000, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $244.77/SF, derived from assessor records
Lot coverage: 187%, derived from assessor records
Vintage: 1950s vintage
Zoning: LR1 (M1), King County
County use code: Apartment
Construction (observed): masonry, 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.

4420 SW Admiral Way, Seattle · 0 mi · 13,776 SF · built 1952 · assessed $247.89/SF
2611 44th Ave SW, Seattle · 0.1 mi · 7,470 SF · built 1968 · assessed $248.73/SF
4403 SW Admiral Way, Seattle · 0.1 mi · 18,705 SF · built 1928 · assessed $241.97/SF
2616 44th Ave SW, Seattle · 0.1 mi · 6,320 SF · built 1994 · assessed $293.04/SF
4701 SW Admiral Way, Seattle · 0.1 mi · 2,751 SF · built 1921 · assessed $276.30/SF
2611 California Ave SW, Seattle · 0.1 mi · 9,100 SF · built 1924 · assessed $267.90/SF

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Sale history and market context

MakeMe Estimate: $2,390,558 (estimated market value), with a likely range of $2,122,068 to $2,726,962 (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 $217K per unit at the midpoint (11 units).

Last sold: 2011-06-09 for $1,122,800 (recorded arm's-length sale).

Current ownership dates to 2011 (about 15 years) per recorded transfers.

2011-06-09: $1,122,800 from Private party to 4501 Admiral Way LLC, rec. 20110613001208

5 administrative transfers (no consideration), 1993 to 2006

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 $1,088,000 (2011) to $2,421,000 (2026), up 123% over 15 years, per county tax rolls. The 2026 roll splits $2,421,000 into $767,000 land and $1,654,000 improvements.

Zoning: LR1 (M1) (per King County)

Lot: 5,290 sq ft

Nuisance flags: Traffic noise

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Floor and use mix: Multiple Residence (Low Rise) 9,891 SF (county building sections)

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