#2349691, Daniel Lim, Listing office: Lee & Associates Commercial RE
#2397715·
Listing office: WPI Real Estate Services, Inc.·
Listing agent: TC Wu·
Listing office phone: 206-522-8172
$2,880,000 List price
1402 E Cherry St Seattle, WA 98122
9,680 sqft
0.2 acres
$298 / sqft
House
Property details
About 1402 E Cherry St
Exceptional 10-unit townhome-style apartment building in a high-demand location - directly across from Seattle University & Swedish Hospital. 5 two-bed and 5 one-bed two-story units with a total of 11 parking spaces. Prime 7,675 SF corner lot with abundant natural light, upgraded double-pane windows, and fire sprinkler system. Walk Score 94—just steps to restaurants, transit, grocery, and light rail. Zoned LR3(M) with potential for additional units (buyer to verify). Significant income upside through utility billbacks, parking fees, and bringing under-market rents current. Current cap @3.95% and market cap @5.29%.
Highlights
HeatingBaseboard, Forced Air
StatusActive
Size9,680 sqft
Lot size0.1762 Acres
Year built1981
MLS #2397715
Virtual tour
Summary
- Exterior: Stucco, Wood
- Heating: Baseboard, Forced Air
- Cooling: None
- List Price: $2,880,000
- Price/SqFt: $297
- HOA Amount: $0
- Annual Tax Amount: $23,254
- Tax Year: 2022
- Lot: Corner Lot, Curbs, Sidewalk
- Directions: Take I-5 S, exit 167 for James St, L on 14th Ave, R on E Cherry to 1402 E Cherry St Seattle
- Year Built: 1981
- Stories: 3
- Living Area: 9,680 SqFt
- Lot Size: 0.1762 Acres
- MLS Number: 2397715
- MLS Name: NWMLS
- Office Name: WPI Real Estate Services, Inc.
- Office Phone: (206) 522-8172
- Listing Agent: TC Wu
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
DMCA Notice
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest Multiple Listing Service IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2025 Northwest MLS. All rights reserved.
DMCA Notice
Disclaimer: Information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included. NorthwestMLS
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/19/2025, 8:32:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 14, 1997 | Home Sold | $565,000 |
| Jan 30, 1990 | Home Sold | $440,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2022 | $2,749,000 | $23,254 |
| 2021 | $2,418,000 | $22,233 |
| 2020 | $2,721,000 | $26,160 |
| 2018 | $2,248,000 | $19,335 |
| 2017 | $1,987,000 | $19,668 |
History based on county public records data.
Nearby schools
4
Bailey Gatzert Elementary School
Public District PK-5
0.5 mi
•1301 E Yesler Way
4
Madrona Elementary School
Public District PK-5
1.1 mi
•1121 33rd Ave
5
Leschi Elementary School
Public District KG-5
1.1 mi
•135 32nd Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $41,337. Typical income of Seattle, WA residents is between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
42%
<35k
43%
35k-100k
12%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
85%
Single, No Kids
4%
Single, with Kids
8%
Married, No Kids
3%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
4%
<11 yrs old
1%
12-17 yrs old
62%
18-34 yrs old
28%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Music Concerts
Art Museums
Hiking/backpacking
Where do the neighbors shop?
H&M
Bloomingdales
Banana Republic
Where do the neighbors go to eat?
Chipotle
Starbucks
Jack In The Box
What do the neighbors drive?
Volkswagen
Audi
Toyota
What do the neighbors listen to?
Rhythmic Contemporary Hits
News- Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1402 E Cherry St
The listing price of 1402 E Cherry St property is $2,880,000.
The property 1402 E Cherry St is a house located in Seattle, Washington, 98122.
Active Listing: 1402 E Cherry St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1402 E Cherry St are: Bailey Gatzert Elementary School (GreatSchools Rating 4/10), Madrona Elementary School (GreatSchools Rating 4/10), Leschi Elementary School (GreatSchools Rating 5/10), Washington Middle School (GreatSchools Rating 5/10), Meany Middle School (GreatSchools Rating 3/10), TOPS K-8 School (GreatSchools Rating 8/10), Seattle World School (GreatSchools Rating 1/10), Garfield High School (GreatSchools Rating 7/10), Nova High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2022 is $23,254 (source: MLS/based on county public records data).
The last sale was on August 14, 1997 for $565,000 (source: MLS/tax record).
The property at 1402 E Cherry St has 0 bathroom.
The property 1402 E Cherry St is 9,680 SqFt (source: MLS/tax record).
The year of construction for 1402 E Cherry St is 1981.
This home is located at 1402 E Cherry St in Seattle, WA and zip code 98122 in the Minor neighborhood. This 9,680 square foot home, which was built in 1981, sits on a 0.18 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since June 25, 2025 and is currently priced at $2,880,000.
In June 2025 more than 270 listings in Seattle, WA were sold above the asking price. During the same period more than 281 listings were sold at asking price, while more than 334 were sold below. The number of listings in Seattle, WA increased by 14.7% between May and June 2025. In June 2025 median list price was $856,247 and the average listing age was 27 days.
From Rocket Homes Real Estate and based on county public records data.