8623 Roosevelt Way NE, Seattle, WA 98115

Multifamily · Seattle · Seattle-Bellevue metro, WA

One of 6,731 reachable multifamily buildings in Seattle. Larger than 79% of multifamily buildings in Seattle (median 6,744 SF), derived from assessor records.

Usable building area
19,667 SF, King County Assessor
County gross area
29,588 SF, King County Assessor
Excluded area
9,921 SF outside primary usable area
Lot size
15,068 SF, King County Assessor
Year built
2006, King County Assessor
Stories
4, King County Assessor
Predominant use
Mixed Use Office / Apartments, King County Assessor
Assessed value
$4,122,300, per the King County Assessor (not a market appraisal)
Assessed value per usable SF
$209.60/SF, derived from assessor records
Usable area / lot
1.31, derived from assessor records
Vintage
2000s vintage
Zoning
NC2P-55 (M), King County
County use code
Apartment

Nearby comparable buildings

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

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Sale history and market context

MakeMe Estimate: $4.73M (estimated market value), with a likely range of $4.21M to $5.4M (half of recent verified sales in this segment landed inside that range). Based on 8 verified arm's-length comparable sales (through 2026-06-01). Not an appraisal. How this estimate works.

moderate confidence: 11 comparable sales within 3 miles; nearest 0.3 mi. Comparable-sale caveat: the estimate is 33% below the $359.09/SF median of the shown comparable sales.

Comparable sales used as evidence

Recorded arm's-length sales of similar buildings nearby; nearer and more recent sales rank first. The strongest 5 of 11 nearby verified sales are shown. Buyer and seller names are withheld. Get this data via API.

Market context: Multifamily in Seattle

median verified sale $367.78/SF over the trailing 24 months; median $272,333 per unit; 157 sales in the last 12 months and 300 in 24 (newest verified sale 2026-05); the middle 80% of recent sales traded at 0.78x to 1.25x their county assessed value, median 1.00x (300 sales with usable county values).

  • 2022: $427.16/SF median (207 sales)
  • 2023: $403.69/SF median (125 sales)
  • 2024: $364.48/SF median (126 sales)
  • 2025: $376.55/SF median (168 sales)
  • 2026 YTD: $367.11/SF median (53 sales)

This estimate sits at 1.15x county assessed value, the 77th percentile of those recent sale premiums.

Computed from 6,951 verified arm's-length sales in King County public records (300 in the trailing 24 months). Free public records. Not an appraisal.

Land, site, and value history