- Property Type: multifamily
Description
A Multifamily Opportunity in the Heart of Eastlake
Located at 2239 Yale Ave E, Castle Apartments offers a rare opportunity to acquire a seven-unit multifamily property in Seattle’s Eastlake neighborhood.
The property combines a highly accessible location with a versatile unit mix, off-street parking and meaningful improvements throughout the building. Five of the seven residences feature updated kitchens and bathrooms, while copper plumbing and newer electrical panels provide additional infrastructure improvements.
The building’s standout residence is a two-bedroom, 1.5-bath penthouse with a substantial private deck and views toward Lake Union, the Space Needle and Gas Works Park.
Whether acquired as a traditional multifamily investment or considered by an owner-user seeking to occupy the penthouse while generating income from the remaining apartments, 2239 Yale Ave E offers flexibility in one of Seattle’s most centrally positioned residential neighborhoods.
Details
- Building Size (SF): 4,800 Net Rentable SqFt
- Lot Size (Acres or SF): 5,500 SqFt
- Year Built: 1962 (Effective Year Built: 1990)
- Zoning: LR3 (M)
- Parking: 7 off-street parking spaces and 5,500 SF street-to-alley lot
- Neighborhood: Eastlake
Features
- Gas Works Park Views
- Individual Unit Storage
- Lake Union Views
- On-Site Laundry
- Penthouse Unit
- Space Needle Views
- Updated Bathrooms
- Updated Electrical Panels
- Updated Kitchens