1214 North 137th Street

Seattle, WA 98133

$2,950,000
Price
3
Beds
2.5
Baths
9,052 Sq. Ft.
$326 / Sq. Ft.
9,052
Sq. Ft.
$326
per Sq. Ft.

Description

Dynasty Manor is a 12-unit multifamily property in North Seattle, just minutes from the Northgate Light Rail, the Seattle Kraken's $80M headquarters, and the ongoing Northgate Mall redevelopment. Offering easy access to downtown and key retail, lifestyle, and employment hubs, this 1988-built, recently renovated property includes one- and two-bedroom units averaging 754 sq. ft. Fully occupied with below-market rents, Dynasty Manor provides an ideal opportunity for value-add upgrades and future growth...Dynasty Manor is a 12-unit multifamily property in North Seattle, just minutes from the Northgate Light Rail, the Seattle Kraken's $80M headquarters, and the ongoing Northgate Mall redevelopment. Offering easy access to downtown and key retail, lifestyle, and employment hubs, this 1988-built, recently renovated property includes one- and two-bedroom units averaging 754 sq. ft. Fully occupied with below-market rents, Dynasty Manor provides an ideal opportunity for value-add upgrades and future growth amidst the region's expanding economic drivers.

Listing Agents

  1. Coleton Pantley

    Coleton Pantley

    Listing Agent

    Compass

  2. Sean McConnell

    Sean McConnell

    Alternative Listing Agent

    Compass

Property Details for 1214 North 137th Street

Community Name
Haller Lake
School District
Seattle
View
Territorial
Number of Assigned Spaces
12
Total Covered Parking
0
Entry Date
01-31-2025
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 02/05/2025 12:50 PM

Property Details for 1214 North 137th Street

StatusActive
MLS #2328330
Days on Market36
Cumulative Days on Market36
Taxes$25,817 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1988
Lot Size0.13 AC / 5,747 SF
CountyKing County
Buyer's Agent Compensation2%

Building Information for 1214 North 137th Street

Stories4Residences2Year Built1988Building Size-Lot Size0.13 AC / 5,747 SF

Property Information for 1214 North 137th Street

Summary
Location and General Information
  • Style: 56 - 10+ Units
  • Site Features: Deck, High Speed Internet
  • Area: 705 - Ballard/Greenlake
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Effective Year Built Source: Public Records
  • Directions: Take exit 175 for WA-523/NE 145th St toward 5th Ave NE, Turn right onto WA-523 W/NE 145th St, Turn left onto Stone Ave N, Turn right onto N 137th St, Destination will be on the right.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 8.0
  • Carport: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
  • Bedrooms Possible: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Vinyl Plank, Carpet
  • Features: Wall to Wall Carpet
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Forced Air
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 5860.76
  • Power Company: City of Seattle
  • Sewer Company: City of Seattle
  • Water Company: City of Seattle
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Class: Multi-Family
  • Possible Use: Multi-Family
  • MLS Square Footage Source: Tax Records
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 2001
  • Photos Count: 8
Lot Information
  • Lot Details: Paved, Sidewalk
  • Lot Size Source: Tax Records
  • Parcel Number Free Text: 6149700175
  • Building Condition: Good
  • Calculated Square Footage: 9052
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 9052.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 4
  • Number of Stories in Building: 4
  • Vacancy Rate: 0
  • Number Of Units Total: 2
  • Units Below Grade: false
  • Units In Building Total: 12
Financing / Income and Expenses
  • Electric Expense: $5,861
  • Total Expenses: 76697.88
  • Gross Adjusted Income: 236332
  • Gross Rent Multiplier: 12.48
  • Gross Scheduled Income: $236,332
  • Insurance Expense: $7,957
  • Net Operating Income: $159,641
  • Other Expenses: $25,341
  • Total Monthly Income: 19694
  • Fuel Expense: $5,861
Unit 1
  • Name Unit 1: 41
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 800
  • Rent Unit 1: $1,720.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 1
  • Bathrooms Unit 1: 2
Unit 2
  • Name Unit 2: 11
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 615
  • Rent Unit 2: $1,550.00
  • Bedrooms Unit 2: 1
  • Fireplaces Unit 2: 1
  • Bathrooms Unit 2: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 9052.0
  • Leasable Area Units: Square Feet

Property History for 1214 North 137th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1214 North 137th Street

Taxable ValueLand$506,000Additions$2,402,000Total$2,908,000
Tax Record2024$25,441 ($2,120 / month)
Home Facts
Total Finished SqFt9,048 SqFtAbove Ground SqFt9,048 SqFtStories4Lot Size6,747 SqFtStyleMulti-Family Res (5+ Units)Year Built1988Year Renovated2001ZoningLR2 (M)CountyKINGAPN614970-0175Fireplace TypeHas Fireplace

Schools near 1214 North 137th Street

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Northgate Elementary School
PublicPK to 5

Robert Eagle Staff Middle School
Public6 to 8

Ingraham High School
Public9 to 12

Hazel Wolf K-8
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1214 North 137th Street is a multi-family home for sale in Seattle, WA 98133. This property was listed for sale on January 31, 2025 by Compass, it's currently listed at $2,950,000. It has been on the market for a total of 36 days and was last sold on August 20, 2018. This listing's school district is Seattle Public Schools. Nearby schools include Northgate Elementary School, Robert Eagle Staff Middle School and Ingraham High School. 1214 North 137th Street is a 3-bed, 2.5-bath, 9,052 sqft multi-family home built in 1988.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of COMPASS

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.