8541 15th Ave NW, Seattle, WA 98117

Multifamily · Seattle · Seattle-Bellevue metro, WA

Imagery suggests: mid-rise apartment, 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 AI estimate from public imagery; may be outdated.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 73% of multifamily buildings in Seattle (median 9,444 SF), derived from assessor records.

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Building size: 21,338 SF, King County Assessor
Lot size: 6,854 SF, King County Assessor
Year built: 2019, King County Assessor
Stories: 4, King County Assessor
Predominant use: Mixed Use Sedu Building, King County Assessor
Units: 40, King County Assessor
Assessed value: $7,406,800, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $347.12/SF, derived from assessor records
Lot coverage: 311%, derived from assessor records
Vintage: 2010s vintage
Zoning: NC3P-75 (M1), King County
County use code: Apartment(Mixed Use)
Parking (observed): surface lot, AI estimate from public imagery

Nearby comparable buildings

Same building type, by distance. Assessor facts only; not an opinion of value.

8500 16th Ave NW, Seattle · 0.1 mi · 20,599 SF · built 1976 · assessed $237.92/SF
1500 NW 85th St, Seattle · 0.1 mi · 206,846 SF · built 2023 · assessed $326.52/SF
8356 16th Ave NW, Seattle · 0.1 mi · 23,381 SF · built 2001 · assessed $158.49/SF
1614 NW 85th St, Seattle · 0.1 mi · 4,140 SF · built 1956 · assessed $366.67/SF
8530 Mary Ave NW, Seattle · 0.1 mi · 16,713 SF · built 1987 · assessed $264.58/SF
8538 Mary Ave NW, Seattle · 0.1 mi · 10,650 SF · built 1986 · assessed $237.37/SF

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Sale history and market context

MakeMe Estimate: $7,265,800 (estimated market value), with a likely range of $6,449,759 to $8,288,257 (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 $182K per unit at the midpoint (40 units).

Last sold: 2013-02-05 for $950,000 (recorded arm's-length sale).

Current ownership dates to 2018 (about 8 years) per recorded transfers.

2018-06-05: $2,900,000 from Yalapapus I LLC +Yalapapus LLC to 8541 Crown Hill LLC (non-market transfer), rec. 20180618000990

2013-02-05: $950,000 from Greenwood Danish LLC to Yalapapus LLC+Yalapapus I LLC, rec. 20130205001814

2001-02-06: transfer from Private party to Greenwood Danish LLC (non-market transfer), rec. 20010423001274

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 $1,212,879 (2021) to $7,406,800 (2026), up 511% over 5 years, per county tax rolls. The 2026 roll splits $7,406,800 into $0 land and $7,406,800 improvements.

Zoning: NC3P-75 (M1) (per King County)

Lot: 6,854 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Apartment 19,478 SF; Retail Store 1,860 SF (county building sections)

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

Permit history

2021-09-24: Remodel, declared value $182,778 (Complete), permit 6835035-CN

2018-06-06: Building, New, declared value $2,372,792 (Complete), permit 6605185-CN

2018-05-31: Demolition (Complete), permit 6629192-DM

2014-01-15: Remodel, declared value $6,000 (Complete), permit 6351276

Source: King County permit records (newest first).