705 24th Ave, Seattle, WA 98122

Multifamily · Seattle · Seattle-Bellevue metro, WA

Imagery suggests: mixed-use retail/residential, 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 AI estimate from public imagery; may be outdated.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 55% of multifamily buildings in Seattle (median 9,444 SF), derived from assessor records.

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Building size: 10,979 SF, King County Assessor
Lot size: 15,646 SF, King County Assessor
Year built: 1926, King County Assessor
Stories: 1, King County Assessor
Predominant use: Apts, King County Assessor
Units: 12, King County Assessor
Assessed value: $4,918,000, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $447.95/SF, derived from assessor records
Lot coverage: 70%, derived from assessor records
Vintage: pre-war vintage
Zoning: NC1-40 (M1), King County
County use code: Apartment
Construction (observed): wood frame, 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.

721 24th Ave, Seattle · 0.1 mi · 4,519 SF · built 1997 · assessed $373.53/SF
519 23rd Ave, Seattle · 0.1 mi · 4,608 SF · built 1901 · assessed $363.72/SF
2210 E Cherry St, Seattle · 0.1 mi · 76,891 SF · built 2025 · assessed $16.88/SF
515 22nd Ave, Seattle · 0.1 mi · 15,336 SF · built 1909 · assessed $312.40/SF
2123 E James St, Seattle · 0.2 mi · 6,240 SF · built 1910 · assessed $322.92/SF
711 21st Ave, Seattle · 0.2 mi · 6,036 SF · built 1900 · assessed $338.80/SF

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Sale history and market context

MakeMe Estimate: $4,319,637 (estimated market value), with a likely range of $3,834,487 to $4,927,505 (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 $360K per unit at the midpoint (12 units).

Last sold: 2002-08-20 for $995,000 (recorded arm's-length sale).

Current ownership dates to 2005 (about 21 years) per recorded transfers.

2005-12-02: transfer from Private party to Central Space 1 LLC (non-market transfer), rec. 20051205002213

2002-08-20: $995,000 from Private party to Private party, rec. 20020830004019

1984-08-13: transfer from Private party to Private party (non-market transfer), rec. 198410150745

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 $1,214,000 (2011) to $4,918,000 (2026), up 305% over 15 years, per county tax rolls. The 2026 roll splits $4,918,000 into $4,146,100 land and $771,900 improvements.

Zoning: NC1-40 (M1) (per King County)

Lot: 15,646 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Floor and use mix: Multiple Residence (Low Rise) 9,360 SF; Basement, Retail 1,619 SF (county building sections)

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

Permit history

2025-09-05: Remodel, declared value $25,000, permit 7080059-CN

2025-09-04: Remodel, declared value $25,000, permit 7080058-CN

2025-09-04: Remodel, declared value $13,863, permit 7080056-CN

2025-09-04: Remodel, declared value $13,711, permit 7080057-CN

2024-09-06: Electrical, declared value $1,000 (Screened), permit 7044695-EL

2024-01-19: Electrical, declared value $4,000 (Screened), permit 7005575-EL

2023-10-03: Electrical, declared value $4,000 (Screened), permit 6989215-EL

2023-08-23: Electrical, declared value $2,000 (Screened), permit 6982450-EL

2022-04-14: Remodel, declared value $24,447 (Screened), permit 6771592-CN

2022-03-07: Remodel, declared value $25,000 (Screened), permit 6771620-CN

Source: King County permit records (newest first).