Listing provided courtesy of Pacific CrestNWMLSas Distributed by MLSGrid- MLS# NWM2508089MLS Provider

840 W Nickerson StreetSeattle, WA 98119

Multi-Family · 13 Beds · 6,921 Sq. ft. | 0.15 Acres
$2,795,000 Active

840 W Nickerson Street Overview

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Marine Vista -- a premier 11-unit apartment community located at 840 W Nickerson St, Seattle, WA 98119. Situated in the highly sought-after North Queen Anne submarket, Marine Vista offers an exceptional location overlooking the Lake Washington Ship Canal, providing residents with a unique blend of maritime charm and urban convenience. This offering presents a rare opportunity to acquire a boutique asset in one of Seattle’s most resilient and supply-constrained neighborhoods. Marine Vista is ideally positioned within walking distance to Seattle Pacific University and the vibrant Fremont tech hub, ensuring a consistent and high-quality tenant base. The investment provides a clear path for a strategic value-add program. A new investor will have the ability to implement targeted interior renovations and modern amenity upgrades to capture significant rental upside, bringing the property in line with top-of-market competitors. With its irreplaceable location and strong fundamentals, Marine Vista is poised to deliver robust long-term appreciation and enhanced cash flow for a sophisticated investor.

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840 W Nickerson Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 6,921
  • Price/Sq.ft. $404
  • Lot 0.15 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Seattle
  • Elementary School: Frantz Coe Elementary
  • Middle Or Junior School: Mc Clure Mid
  • High School: Lincoln High

Green Features

  • Green Energy Efficient: Thermal Windows

Income/Expenses

  • Other Expense: 42847
  • Electric Expense: 1074
  • Fuel Expense: 0
  • Gross Scheduled Income: 260460
  • Insurance Expense: 6264
  • Net Operating Income: 156113
  • Total Expenses: 92557
  • Total Monthly Income: 21705
  • Water/Sewer/Garbage: 17860

Building Information

  • New Construction: No
  • Year Built: 1960

Location/Region

  • Country: US
  • County Or Parish: King
  • MLS Area Major: 700 - Queen Anne/Magnolia
  • Subdivision Name: Queen Anne

Community/Development

  • Amenities: Coin Op Laundry,Storage,Thermal Windows

Tax Information

  • Tax Annual Amount: $24,512.00
  • Tax Year: 2025

General Information

  • Listing Terms: Cash, Conventional
  • Parcel Number: 7443001180
  • Possible Use: Multi-Family
  • Property Condition: Good
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 6921
  • Building Area Units: Square Feet
  • Calculated Square Footage: 6921
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Vinyl Plank, Carpet
  • Foundation Details: Slab
  • Heating: Yes
  • Leasable Area: 6921
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric
  • Stories Total: 2

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 11
  • Parking Uncovered Total: 11

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Curbs, Paved, Sidewalk
  • Lot Size Acres: 0.1508
  • Lot Size Square Feet: 6570
  • Lot Size Units: Square Feet
  • Site Features: Cable TV, Deck, High Speed Internet
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Roof: Flat, Torch Down
  • Structure Type: Multi Family

General Information

  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: 0
  • Exterior Features: Wood Products
  • Number Of Units Total: 11
  • Sewer: Sewer Connected

Unit Information

Unit 1 Details

  • Actual Rent: 1475
  • Beds Total: 0
  • Baths Total: 1

Unit 3 Details

  • Actual Rent: 1708
  • Beds Total: 1
  • Baths Total: 1

Unit 4 Details

  • Actual Rent: 1708
  • Beds Total: 1
  • Baths Total: 1

Unit 5 Details

  • Actual Rent: 1708
  • Beds Total: 1
  • Baths Total: 1

Unit 6 Details

  • Actual Rent: 1708
  • Beds Total: 1
  • Baths Total: 1

Unit 7 Details

  • Actual Rent: 1708
  • Beds Total: 1
  • Baths Total: 1

Unit 8 Details

  • Actual Rent: 1795
  • Beds Total: 1
  • Baths Total: 1

Unit 2 Details

  • Actual Rent: 1795
  • Beds Total: 1
  • Baths Total: 1

Unit 9 Details

  • Actual Rent: 2015
  • Beds Total: 2
  • Baths Total: 1

Unit 10 Details

  • Actual Rent: 2015
  • Beds Total: 2
  • Baths Total: 1

Unit 11 Details

  • Actual Rent: 2015
  • Beds Total: 2
  • Baths Total: 1

840 W Nickerson Street Neighborhood

Community

98119 (Seattle) Demographics

34
Median Age
8,814
Population Density (per sq. mile)
81%
College Educated
$93,014
Estimated Median Income
5,636
Estimated Total Home Owners
8,126
Estimated Total Renters
41% / 59%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

840 W Nickerson Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

840 W Nickerson Street Market Data

Based on the last 30 days in this zip code

$1,068,169
Average List Price
$676
Average Price per Square Foot
23
Properties Sold
74
Average Days on Market
138
Properties for Sale
Calculations provided by Reliance Network

840 W Nickerson Street History

Date Event Value Agent
6/19/2026Source: NWMLS Price Reduction
$2,795,000 -6.8%
4/22/2026Source: NWMLS Added to Database
April 22, 2026
6/20/2022Source: NWMLS Added to Database
June 01, 2021