Cedar Lane Apartments

12536 Greenwood Avenue North, Seattle, WA 98133

  • For Sale $3,350,000
  • Property Type Multi-Family
  • Property Size 10,276 SF
  • Units 16
  • Lot Size 0.33 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1962
  • Date Updated Mar 10, 2025
Discover the bustling neighborhood surrounding the property in Seattle's Greenwood area. This vibrant community offers a unique blend of commercial and residential spaces, making it an attractive location for office investors. Nearby, the Aurora Avenue corridor provides easy access to major transportation routes, linking the area to downtown Seattle and beyond. Experience the diverse dining options, local breweries, and boutique shops in the area, offering convenience and vibrancy for potential tenants and employees. With its proximity to amenities and strong connectivity, the Greenwood area presents an exciting opportunity for office investors looking to capitalize on the dynamic Seattle market.Unlock the Full Potential of Cedar Lane Apartments. Discover a prime value-add investment opportunity in the heart of Seattle, WA. Cedar Lane Apartments is a well-maintained 16-unit, 10,276 SF multifamily property built in 1962, offering significant upside potential through modern renovations and unit upgrades. Strategically located in a desirable neighborhood and zoned LR3(M), this low-rise garden-style community is primed for increased rental income and long-term appreciation. The Cedar Lane Apartments provides immediate returns while offering investors the opportunity to maximize value through cosmetic enhancements, amenity improvements, and strategic management efficiencies. This is a rare chance to transform a stable asset into a high-performing property in one of Seattle’s thriving rental markets. Don’t miss out on this lucrative investment—capitalize on Cedar Lane’s untapped potential today!
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Contacts

broker
Ryan Downing

Capstone Commercial

Location

Getting Around

  • Walk Score ®

    65/100 Somewhat Walkable

  • Transit Score ®

    47/100 Some Transit

  • Bike Score ®

    69/100 Bikeable
Powered by Walk Score ®
  • City Seattle, WA
  • Neighborhood Bitter Lake
  • Zip Code 98133
  • Market Seattle

Points of Interest

  • NE 130th Street

    1.47 miles

  • Northgate

    1.75 miles

  • Brooklyn Avenue & 45th Street

    4.57 miles

  • U District

    4.59 miles

  • 43rd Street & Brooklyn Avenue

    4.63 miles

  • Edmonds

    6.39 miles

  • Fairview & Campus Drive

    6.53 miles

  • Westlake & Mercer

    6.72 miles

  • Terry & Mercer

    6.79 miles

  • Westlake & Thomas

    6.92 miles

  • 76

    0.50 miles

  • Chevron

    0.78 miles

  • Arco

    0.90 miles

  • Shell

    1.30 miles

  • Northgate Supercharger

    1.61 miles

  • Electrify America Charging Station

    1.65 miles

  • eVgo

    1.84 miles

  • Chargepro

    1.92 miles

  • Tesla Supercharger

    2.48 miles

  • Blink Charging Station

    2.93 miles

  • Lot G

    0.84 miles

  • Lot I

    0.89 miles

  • Lot F

    0.91 miles

  • Lot H

    0.94 miles

  • Lot M

    0.95 miles

  • Lot J

    0.97 miles

  • Lot E

    0.98 miles

  • Lot K

    1.01 miles

  • Lot L

    1.02 miles

  • Lot D

    1.02 miles

  • Nites Inn Motel

    0.61 miles

  • Comfort Inn & Suites

    0.76 miles

  • Courtyard Seattle Northgate

    1.30 miles

  • Hotel Nexus

    1.33 miles

  • Columbus Motor Inn

    1.57 miles

  • Crown Inn

    1.63 miles

  • Days Inn

    1.85 miles

  • Hampton Inn & Suites

    1.95 miles

  • Oak Tree Motel

    1.96 miles

  • The Motel Georgian

    1.98 miles

  • Domino's

    0.06 miles

  • Ichi Roll Wok & Teriyaki

    0.07 miles

  • Chada Thai

    0.07 miles

  • No. 9 Alley Hot Pot

    0.42 miles

  • Krispy Kreme

    0.45 miles

  • Jack in the Box

    0.45 miles

  • Chick-fil-A

    0.47 miles

  • 125th Street Grill

    0.47 miles

  • Anita's Mexican Food

    0.48 miles

  • Siam Bistro

    0.50 miles

  • Broadview-Thomson K-8 School

    0.30 miles

  • Christ the King Elementary School

    0.51 miles

  • Seattle Area German School

    0.82 miles

  • Ingraham High School

    0.96 miles

  • Viewlands Elementary School

    1.08 miles

  • James Baldwin Elementary School

    1.23 miles

  • Epic Life Academy

    1.24 miles

  • Lakeside Middle School

    1.39 miles

  • PIMA Medical Institute

    1.39 miles

  • Northwest School for Hearing Impaired

    1.40 miles

  • Veranda Montessori

    1.14 miles

  • The Early Learning and Development Center

    1.22 miles

  • Greenwood Social Emotional Childcare Cooperative

    1.50 miles

  • Northgate KinderCare

    1.57 miles

  • Whizz Kids Academy

    2.01 miles

  • Mai Tian Learning

    2.20 miles

  • Willow Tree

    2.20 miles

  • Victory Heights Co-Op Preschool

    2.42 miles

  • Edwin Pratt Early Learning Center

    2.44 miles

  • ReWA Early Learning Center

    2.72 miles

Frequently Asked Questions

How much does Cedar Lane Apartments cost?

The space currently listed for sale at Cedar Lane Apartments asks for $3,350,000.

What is the total square footage of Cedar Lane Apartments?

Cedar Lane Apartments totals 10,276 square feet.

When was this property built?

Cedar Lane Apartments was built in 1962.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker
Ryan Downing

Capstone Commercial

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