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Listed by: Michael Urquhart (206) 812-9123 , Ben Douglas (206) 658-7247 | Paragon Real Estate Advisors (206) 623-8880
$1,895,000
Monthly Est:$9,432
10 Beds
8 Baths
5,640sqft
13310 Greenwood Ave N, Seattle, WA 98133
$1,895,000
$9,432/moEst:
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Condominium
Built in 1996
$-- HOA
6,787 sqft lot
$336/sq.ft
Description
Bittertree Condominiums is an eight-unit apartment building at 13310 Greenwood Ave N in Seattle’s Greenwood neighborhood. Built in 1996, the property features two large studios, two one-bedroom units, and four two-bedroom units. All units include in-unit washers and dryers, private balconies, and access to a secured garage with seven parking stalls. The building sits on a 6,787 SF LR3 (M) zoned lot on Greenwood Avenue. This is a stabilized asset with upside potential. Five units have been updated with luxury vinyl plank flooring and newer appliances. The remaining three are occupied by long-term tenants with below-market rents, offering an opportunity to increase income through natural turnover. With separate electric meters, water sub-metering, and modern construction, the property offers a low-maintenance, efficient operating profile. Seller financing is available with 30% down and a five-year interest-only term: 5.0% interest in years one and two, and 5.5% in years three through five. The investment delivers a 5.7% cap rate and 7.2% cash-on-cash return at acquisition, increasing to a 6.6% cap rate and 10.2% cash-on-cash return as rents reach market levels.
- Houzeo last checked: 12 hours ago
- Listing updated: September 22, 2026 at 6:32 am
- Source: Northwest Multiple Listing Service | MLS#: NWM2538004
Property Details
Status
Active
Type
Condominium
No. of Stories
3
County
City
Neighborhood
Year Built
1996
HOA Fees
-
Finished Area
5,640 sqft
Lot Size
6,787 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2538004
MLS Status
Active
Days on Market
115
Cumulative Days on Market
114
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 10
Bathrooms: 8
Interior
Flooring
Laminate
Exterior Features
Wood Products
Sewer
Available
Heating
Wall Furnace
Cooling
None
Construction
Year Built
Year Built: 1996
Home type
Condominium
Roof
Composition
Foundation Details
Poured Concrete
Construction Materials
Wood
Utilities & Energy
Water Source
Public
Other Features
Subdivision Name
Bitter Lake
Price History
| Date | Event | Price |
|---|---|---|
06/10/2026 Source: | Listed for Sale | $1,895,000 $336/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 02, 2026, 09:01AM. 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; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
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