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Listed by: Max Frame (360) 705-2800 | Kidder Mathews (360) 705-2800
$3,300,000
Monthly Est:$16,425
19 Beds
2 Baths
9,999sqft
4001 NE 50th Street, Seattle, WA 98105
$3,300,000
$16,425/moEst:
Get Pre-Approved
Multi Family
Built in 1961
$-- HOA
11,504 sqft lot
$330/sq.ft
Description
The John Henry Apartments presents an exceptional investment opportunity in Seattle's highly desirable Laurelhurst neighborhood. Located at 4001 NE 50th Street, this well-maintained, 14-unit apartment community offers convenient access to Seattle Children's Hospital, University Village, and the University of Washington. Built in 1961, the property features a desirable unit mix of nine one-bedroom and five two-bedroom apartments, averaging approximately 714 square feet. Property amenities include 14 off-street parking stalls, 14 individual tenant storage units, shared laundry facilities, and private patios in select units. Recent improvements include a new roof installed in 2019, double-pane vinyl windows, and updated LVP flooring in most units. Spacious floor plans and thoughtful updates enhance the property's appeal. Offered at $3,300,000, or approximately $236,000 per unit, The John Henry provides investors with strong in-place cash flow at a 5.9% cap rate, along with additional rental upside. Available for the first time in over 20 years, this is a rare opportunity to acquire a well-located multifamily asset in one of Seattle's premier residential neighborhoods.
- Houzeo last checked: 3 minutes ago
- Listing updated: October 19, 2026 at 11:28 pm
- Source: Northwest Multiple Listing Service | MLS#: NWM2595724
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1961
HOA Fees
-
Finished Area
9,999 sqft
Lot Size
11,504 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2595724
MLS Status
Active
Days on Market
3
Cumulative Days on Market
2
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 19
Bathrooms: 2
Interior
Sewer
Sewer Connected
Cooling
None
Heating
Baseboard
Exterior Features
Brick, Stucco
Construction
Year Built
Year Built: 1961
Home type
Multi Family
Roof
Flat
Construction Materials
Brick, Stucco
Foundation Details
Slab
Other Features
Subdivision Name
Laurelhurst
Price History
| Date | Event | Price |
|---|---|---|
10/17/2026 Source: | Listed for Sale | $3,300,000 $330/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 20, 2026, 01:47PM. 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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