Listing provided courtesy of Windermere Bellevue CommonsNWMLSas Distributed by MLSGrid- MLS# NWM2538854MLS Provider

6537 Oswego Place NESeattle, WA 98115

Multi-Family · 3 Beds · 4,643 Sq. ft. | 0.18 Acres
$2,600,000 Active

6537 Oswego Place NE Overview

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Exceptional investment opportunity just minutes from Green Lake. This well-maintained 11-unit apartment building features a desirable unit mix of nine studios and two one-bedroom units. Professional management is already in place and available to continue operations, offering a seamless transition for a passive investor. The property is zoned LR3 (RC), providing attractive future development potential. Amenities include off-street parking, storage lockers, coin-operated laundry, and individual water heaters for each unit, all replaced in 2023. Five of the eleven units have been remodeled. Ideally located within walking distance of the Roosevelt Light Rail Station, and the Green Lake Park & Ride, ,Convenient access to downtown Seattle, shopping, dining and recreation. A rare opportunity for the move-up investor seeking stable income today and long-term growth potential tomorrow.

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6537 Oswego Place NE Facts & Features

  • Type Multi-Family
  • Sq. ft. 4,643
  • Price/Sq.ft. $560
  • Lot 0.18 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Seattle
  • Elementary School: Green Lake
  • Middle Or Junior School: Eckstein Mid
  • High School: Roosevelt High

Green Features

  • Green Energy Efficient: Thermal Windows

Income/Expenses

  • Other Expense: 21573
  • Electric Expense: 797
  • Fuel Expense: 0
  • Gross Scheduled Income: 158612
  • Insurance Expense: 5001
  • Net Operating Income: 104185
  • Total Expenses: 54427
  • Total Monthly Income: 13218
  • Water/Sewer/Garbage: 5858

Building Information

  • New Construction: No
  • Year Built: 1950

Location/Region

  • Country: US
  • County Or Parish: King
  • MLS Area Major: 705 - Ballard/Greenlake
  • Subdivision Name: Green Lake

Community/Development

  • Amenities: Basement,Coin Op Laundry,Storage,Thermal Windows

Tax Information

  • Tax Annual Amount: $21,198.00
  • Tax Year: 2025

General Information

  • Listing Terms: Cash, Conventional
  • Parcel Number: 9528103900
  • 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: 4643
  • Building Area Units: Square Feet
  • Calculated Square Footage: 4643
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Hardwood, Carpet
  • Foundation Details: Poured Concrete
  • Heating: Yes
  • Leasable Area: 4643
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Geothermal
  • Security Features: Partially Fenced
  • Stories Total: 2

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 7
  • Parking Uncovered Total: 7

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Curbs, Dead End Street, Paved, Sidewalk
  • Lot Size Acres: 0.1791
  • Lot Size Dimensions: 60'x 130'
  • Lot Size Square Feet: 7800
  • Lot Size Units: Square Feet
  • Site Features: Cable TV, Fenced-Partially, High Speed Internet
  • Elevation Units: Feet

Waterfront/View

  • View: No
  • Waterfront: No

Building Exterior/Construction

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

General Information

  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: 0
  • Exterior Features: Brick, Cement Planked
  • Number Of Units Total: 11
  • Sewer: Sewer Connected

Unit Information

Unit 1 Details

  • Baths Total: 1

Unit 2 Details

  • Actual Rent: 1020
  • Baths Total: 1

Unit 8 Details

  • Actual Rent: 1020
  • Baths Total: 1

Unit 4 Details

  • Actual Rent: 1095
  • Baths Total: 1

Unit 5 Details

  • Actual Rent: 1095
  • Baths Total: 1

Unit 3 Details

  • Actual Rent: 1363
  • Baths Total: 1

Unit 7 Details

  • Actual Rent: 1377
  • Baths Total: 1

Unit 6 Details

  • Actual Rent: 1399
  • Baths Total: 1

Unit 10 Details

  • Actual Rent: 1450
  • Beds Total: 1
  • Baths Total: 1

Unit 9 Details

  • Actual Rent: 1455
  • Beds Total: 1
  • Baths Total: 1

Unit 11 Details

  • Actual Rent: 995
  • Beds Total: 1
  • Baths Total: 1

6537 Oswego Place NE Neighborhood

Community

98115 (Seattle) Demographics

37
Median Age
6,532
Population Density (per sq. mile)
81%
College Educated
$117,038
Estimated Median Income
14,136
Estimated Total Home Owners
9,294
Estimated Total Renters
60% / 40%
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.

6537 Oswego Place NE 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.

6537 Oswego Place NE Market Data

Based on the last 30 days in this zip code

$1,077,399
Average List Price
$586
Average Price per Square Foot
68
Properties Sold
46
Average Days on Market
216
Properties for Sale
Calculations provided by Reliance Network

6537 Oswego Place NE History

Date Event Value Agent
6/11/2026Source: NWMLS Added to Database
June 11, 2026
6/20/2022Source: NWMLS Added to Database
June 01, 2021
6/20/2022Source: NWMLS Added to Database
June 01, 2021