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$1,950,000

508 NE 71st St Seattle, WA 98115

4,419 sqft
0.09 acres
$441 / sqft
House

Property details

About 508 NE 71st St

Introducing a prime multi-family investment opportunity in one of Seattles most desirable areas. This property encompasses a 3,336 SF building featuring 5 well-maintained units, providing a strong foundation for substantial rental income. Built in 1971, this low-rise gem is strategically zoned LR3(M), offering potential for future development and growth. Enjoy the assurance of immediate returns with a 100% occupancy rate, making this an attractive prospect for a seasoned investor. Situated in the desirable Green Lake area, this property presents an excellent chance to capitalize on the enduring demand for multifamily residences in this bustling market. Dont miss the chance to add this high-performance asset to your portfolio.

Highlights

HeatingBaseboard
StatusActive
Size4,419 sqft
Lot size0.0918 Acres
Year built1971
MLS #2413752

Summary

  • Exterior: Stucco
  • Heating: Baseboard
  • Cooling: None
  • List Price: $1,950,000
  • Price/SqFt: $441
  • HOA Amount: $0
  • Annual Tax Amount: $11,488
  • Tax Year: 2022
  • Directions: Heading north on Woodlawn Ave NE take a right turn on NE 71st Street to arrive at the property.
  • Year Built: 1971
  • Stories: 2
  • Living Area: 4,419 SqFt
  • Lot Size: 0.0918 Acres
  • MLS Number: 2413752
  • MLS Name: NWMLS
  • Office Name: Capstone Commercial
  • Office Phone: (206) 324-9412
  • Listing Agent: Ian Brown

IDX 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

IDX 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: 8/1/2025, 12:32:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Dec 17, 2012
Home Sold
$625,000

Tax history

YearAssessmentProperty Tax
2022$1,335,000$11,488
2021$1,319,000$12,259
2020$1,378,000$13,404
2018$1,071,000$9,367
2017$967,000$9,709

History based on county public records data.

Nearby schools

5

Green Lake Elementary School

Public District PK-5

0.4 mi

2400 N 65th St

9

McDonald International Elementary School

Public District KG-5

0.9 mi

144 NE 54th St

7

Daniel Bagley Elementary School

Public District KG-5

1.0 mi

7821 Stone Ave N

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $66,048. Residents of Seattle, WA typically earn between $35k-100k each year. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

25%
<35k
44%
35k-100k
24%
100k-200k
7%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

78%
Single, No Kids
4%
Single, with Kids
14%
Married, No Kids
4%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

5%
<11 yrs old
2%
12-17 yrs old
50%
18-34 yrs old
37%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Music ConcertsMusic Concerts
  • Art MuseumsArt Museums
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • H&MH&M
  • BloomingdalesBloomingdales
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • ChipotleChipotle
  • StarbucksStarbucks
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • VolkswagenVolkswagen
  • AudiAudi
  • ToyotaToyota

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • NewsNews
  • AlternativeAlternative
All data provided by Home Junction and Claritas

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Frequently asked questions

About 508 NE 71st St

The listing price of 508 NE 71st St property is $1,950,000.

The property 508 NE 71st St is a house located in Seattle, Washington, 98115.

Active Listing: 508 NE 71st St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 508 NE 71st St are: Green Lake Elementary School (GreatSchools Rating 5/10), McDonald International Elementary School (GreatSchools Rating 9/10), Daniel Bagley Elementary School (GreatSchools Rating 7/10), Eckstein Middle School (GreatSchools Rating 7/10), Licton Springs K-8 School (GreatSchools Rating 2/10), Robert Eagle Staff Middle School (GreatSchools Rating 7/10), Middle College High School (GreatSchools Rating 7/10), Roosevelt High School (GreatSchools Rating 8/10), Lincoln High School (GreatSchools Rating 9/10).

According to the records, the last property tax for 2022 is $11,488 (source: MLS/based on county public records data).

The last sale was on December 17, 2012 for $625,000 (source: MLS/tax record).

The property at 508 NE 71st St has 0 bathroom.

The property 508 NE 71st St is 4,419 SqFt (source: MLS/tax record).

The year of construction for 508 NE 71st St is 1971.

This home is located at 508 NE 71st St in Seattle, WA and zip code 98115 in the Northwest neighborhood. This 4,419 square foot home, which was built in 1971, sits on a 0.09 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since July 29, 2025 and is currently priced at $1,950,000.

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. Between May and June 2025, Seattle, WA real estate market has seen increase in the number of listings by 14.7%. Listings spent 27 days on the market in June 2025, and had a median list price of $856,247 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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