4740 University Way NE, Seattle, WA 98105

Multifamily · Seattle · Seattle-Bellevue metro, WA

Imagery suggests: mid-rise multifamily, 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 AI estimate from public imagery; may be outdated.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 38% of multifamily buildings in Seattle (median 9,444 SF), derived from assessor records.

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Building size: 6,863 SF, King County Assessor
Lot size: 4,172 SF, King County Assessor
Year built: 1900, King County Assessor
Stories: 3, King County Assessor
Buildings on parcel: 2, King County Assessor
Predominant use: Rooming House, King County Assessor
Assessed value: $1,995,200, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $290.72/SF, derived from assessor records
Lot coverage: 165%, derived from assessor records
Vintage: pre-war vintage
Zoning: NC3P-65, King County
County use code: Apartment(Mixed Use)
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.

4725 15th Ave NE, Seattle · 0 mi · 26,008 SF · built 1923 · assessed $252.40/SF
4759 15th Ave NE, Seattle · 0 mi · 159,441 SF · built 2021 · assessed $557.26/SF
4730 University Way NE, Seattle · 0 mi · 160,338 SF · built 2007 · assessed $323.82/SF
4719 15th Ave NE, Seattle · 0 mi · 34,962 SF · built 1999 · assessed $244.27/SF
4747 16th Ave NE, Seattle · 0.1 mi · 36,300 SF · built 1979 · assessed $227.38/SF
4701 15th Ave NE, Seattle · 0.1 mi · 26,185 SF · built 1959 · assessed $254.08/SF

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Sale history and market context

MakeMe Estimate: $1,946,631 (estimated market value), with a likely range of $1,728,000 to $2,220,565 (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.

Current ownership dates to 1998 (about 28 years) per recorded transfers.

2021-06-15: $18,000 from Scott-Melendez Corporation to Bvshssf Seattle LLC, rec. 20210714001267

1998-02-24: $500,000 from Private party to Scott-Melendez Corporation (non-market transfer), rec. 199803031436

1996-12-02: transfer from Private party to Private party (non-market transfer), rec. 199701171004

1996-06-11: $150,000 from Private party to Private party (non-market transfer), rec. 199606211706

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 $762,300 (2011) to $1,995,200 (2026), up 162% over 15 years, per county tax rolls. The 2026 roll splits $1,995,200 into $1,668,800 land and $326,400 improvements.

Zoning: NC3P-65 (per King County)

Lot: 4,172 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Floor and use mix: Rooming House 3,255 SF; Retail Store 1,360 SF; Basement, Unfinished 1,288 SF (county building sections)

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