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Listing provided courtesy of Kidder MathewsMLS# 713908MLS Provider
  • 20 days on site
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Ellis Court offers investors the opportunity to acquire a well-located 58-unit apartment building with 2,826 SF of commercial space in the heart of Belltown/Seattle???s Waterfront neighborhood. Built in 1990, the property features a highly efficient unit mix, including 46 open one-bedroom units, common laundry, secure access, elevator service, and a leased commercial suite. The asset benefits from a 98 Walk Score, 98 Transit Score, proximity to Downtown Seattle, the Waterfront, Olympic Sculpture Park, Seattle Center, Amazon, and major regional employment hubs. With attractive assumable financing at 4.31% interest-only through March 2031, meaningful rent upside through corrected unit positioning and light interior upgrades, and immediate operational upside through normalized management expens

Source: Seattle Commercial, MLS#: 713908

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  • Property Type
    Residential Income

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  • Median Age
    34
  • Population Density
    31,521
  • College Educated
    84%
  • Estimated Median Income
    $118,270
  • Estimated Total Home Owners
    3,469
  • Estimated Total Renters
    10,042
  • Owner / Renter Divide
    26% / 74%
  • Estimated Average Household Size
    2
  • Total Population
    20,534
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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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.

Life at 2510 Western Ave

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/9/2026Source: Seattle Commercial Added to Database
June 09, 2026
6/9/2026Source: Seattle Commercial Added to Database
June 09, 2026
3/18/2025Source: Seattle Commercial Added to Database
March 18, 2025