Courtesy of Westlake Associates, Inc. and NWMLSNWMLS

OverviewEstate Overview - $1,650,000Closed

Listing View12
Like Count-
-
5505 NE 65th Street,

Seattle, WA 98115

Burkewood Apartments is an appealing 8-unit multifamily investment in Seattle’s sought-after Hawthorne Hills neighborhood.This well-maintained property, built in 1956, boasts 8 moderately updated 1BD/1BA units on a 6,000 SF lot zoned NR3, offering future redevelopment potential.Burkewood provides strong value-add opportunities via rent increases—current averages of $1,409 per unit could rise to proforma market levels of $1,550, elevating NOI from $86,662 to $110,933 and cap rate from 5.29% to 6.72%...See More

  • 0 Beds
  • 0 Baths
  • 3610 Sqft
  • Residential Income

OverviewListing Details

Status:Closed
Original Listing Price: $ 1,650,000
Listing Date: 10/24/2025
Days on dealty:Was on Dealty for 56 days
County:King
MLS Type:NWMLSNWMLS
Built In:1956
Has HOA:No
Status Change Date:December 19, 2025
Pool:No
Cumulative Days on market:24 days
Last Updated:01/20/2026, 11:02:17 AM
*Please Contact Lister for more information.

FeaturesProperty Features

Design
  • Property subtype: Multi Family
  • Construction materials: Brick, Wood
  • Roof: Flat, Torch Down
Flooring
  • Laminate
  • Vinyl Plank
Interior Spaces
    --
Bedrooms & Bathrooms
  • 0 - Bedrooms
  • 0 - Bathrooms
Exteriors
  • Exterior features: Brick, Wood,
Lot Details
  • Lot size: 0.1377 Acres / 6000 Square feet

AmenitiesAmenities

Utilities
  • Cooling - None
  • Heating - Wall Unit(s)
Laundry
    --
Parking
    --

HOAHOA & Financial

Primary HOA
    No
Second HOA
    No
Third HOA
    No

OverviewOpen House

* There are no open house dates scheduled at this time. Please reach out to the lister for an in person or virtual viewing.

Schools & Neighborhood

Schools
    --
Neighborhood
    --

NeighborhoodExplore The Area

Similar HomesSimilar Homes

AgentListing Agent

Agent
Chad Michael Martini

(Westlake Associates, Inc.)

MLS # NWM2448363

5505 NE 65th Street

Seattle, WA 98115

$1,650,000
Flyer cover
Flyer Image
Flyer Image
FOR MORE PHOTOS VISIT
https://www.dealty.ai/buy/home/5505-ne-65th-street-seattle-wa-98115
Approx sqft
3610
Year Built
1956
Garage
5
Lot Size
6000 sqft/ 0.138 acres

Burkewood Apartments is an appealing 8-unit multifamily investment in Seattle’s sought-after Hawthorne Hills neighborhood. This well-maintained property, built in 1956, boasts 8 moderately updated 1BD/1BA units on a 6,000 SF lot zoned NR3, offering future redevelopment potential. Burkewood provides strong value-add opportunities via rent increases—current averages of $1,409 per unit could rise to proforma market levels of $1,550, elevating NOI from $86,662 to $110,933 and cap rate from 5.29% to ...(Visit the link to Get more info)

AGENT CONTACT

Northwest Multiple Listing Service

Based on information submitted to MLS Grid as of 01/20/2026, 11:02:17 AM. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used solely to identify prospective properties that consumers may be interested in purchasing. All data is deemed reliable but is not guaranteed by MLS Grid. All information should be independently reviewed and verified. Open house information is subject to change without notice. Properties may or may not be listed by the office or agent presenting the information.