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Real Broker LLC
2366 E Yale Avenue E, Seattle, WA 98102
- $1,750,000
- 4,113
- SqFt
Listing Broker: North Pacific Properties; Cynthia Malone; 425-359-3835; cynthia@northpacificproperties.com
- List Price
- $1,750,000
- Status
- ACTIVE
- MLS#
- 2529447
- Price Change
- ▼ $200,000 1790305595
- Days on Market
- 126
- Style
- 55 - 5-9 Units
- Finished SqFt
- 4,113
- Area Total SqFt
- 4113
- Annual Tax Ammount
- 15959
- Lot Size (sq ft)
- 4,401
- Sewer
- Sewer Connected
Property Description
A rare opportunity! Yale Properties is located just two streets away from the shores of Lake Union. One of Seattle’s treasures, featuring a unique mix of local charm, careful design, and expansive views of the Seattle skyline, the Space Needle, and the lake. Yale Properties has every unit filled. Two units with 2 bedrooms and four units with 1 bedroom. At the front, there are three enclosed garages and at the rear, four parking spaces, along with a spacious community deck. The interior blueprint features high-end appliances, LV flooring, ductless mini-split HVAC, and a modern interior design. The entire building’s electrical system has been upgraded to support high-power loads and enable separate billing for each unit. Strolling through Eastlake feels like stepping into a carefully curated gallery. Traditional Victorian houses engage with contemporary sleek architecture, while the famous floating homes contribute a distinct Seattle character to the scenery. Every street narrates a tale filled with history, character, and subtle elegance. People living here share more than just a location—they share a way of life. Weekdays provide easy access to downtown Seattle, making productivity seem effortless. On weekends, the pace slows down, with kayakers drifting on Lake Union and neighbors coming together at the local farmer’s market.
Additional Information
- List Date
- 2026-06-02 23:15:11
- Community
- Lake Union
- Net Operating Income
- $74,935
- Gross Adjusted Income
- $122,014
- Gross Scheduled Income
- $122,014
- Total Monthly Income
- $12,240
- Insurance Expenses
- $8,342
- Water/Sewer/Garbage Expenses
- $9,150
- Gross Rent Multiplier
- 16
- Total Expenses
- $47,079
- Cap Rate
- 3.76
- Total Number of Units
- 6
- Unit Name
- 2366
- Potential Terms
- Cash, Conventional
- Year Built
- 1966
- View
- City, Lake, Territorial
- Roof
- Flat
- Site Features
- Cable TV, Deck, Gas Available, High Speed Internet, Patio
- Electric Expenses
- 1055
- Other Expenses
- 11604
- Energy Source
- Electric, Natural Gas
- School District
- Seattle
- Elementary School
- Montlake
- Middle School
- Meany Mid
- High School
- Garfield High
- Total Monthly Income
- $12,240
- Gross Scheduled Income
- $122,014
- Gross Adjusted Income
- $122,014
- Tax Year
- 2025
- Insurance Expense
- $8,342
- W/S/G Expenses
- $9,150
- Total Expenses
- $47,079
- Net Operating Income
- $74,935
- Gross Rent Multiplier
- 16
- Cap Rate
- 3.76
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.