Listings/Village Green Apartments + Development Opportunity

Village Green Apartments + Development Opportunity

Sale Price: $7,070,000

For more information about this property, please contact the listing broker.

Please visit our Listings page to view apartment buildings and development land currently on the market.

Property Details

5107-5115 24th Ave NE
City, State
Seattle, WA
University District / Roosevelt
Existing No. of Units
No. of Buildings
Year Built
1957 / 1959
13,426 SF
Development Massing Options
28 - 163 units
Parcel No.
Land Area
21,713 SF / 0.50 Acres

Sale Details

Sale Date
October 29, 2021
Sale Price

Investment Opportunity

Development Potential

Existing Income

Location & Accessibility


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Village Green Apartments + Development Opportunity

5107-5115 24th Ave NE
Seattle, WA 98105
Units: 163 (Massing)
Price: $7,070,000

Location Overview

The University District is experiencing a renaissance: the University of Washington’s exponential growth over the past decade — particularly in the engineering, computer science, and life sciences fields — attracts top minds to the University and to the area.

The neighborhood is reaping the benefits of the University’s growth. Recently approved upzoning will increase density in the area, while a new light rail station will cut commutes in half. The neighborhood has long been a beloved haunt for students in search of books, coffee, and food, but in the next five to ten years it will continue evolving into the city’s next tech hot spot.

1 Minute Walk

to Burke Gilman Trail

3 Minute Bike Ride

to the University of Washington

5 Minute Walk

to the University Village shopping center

6 Minute Bike Ride

to the University of Washington light rail station

11 Minute Bike Ride

to "The Ave" commercial district

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