12340 Sand Point Way NE

Seattle, WA 98125
  • $1,425,000

    Price
  • 11

    Bed
  • 7

    Bath
  • 4,925

    SqFt

About the Listing 3647 - 35656

Sandpoint Way Apartments is a well-maintained multifamily community in Seattle's desirable Sandpoint neighborhood, offering a diverse mix of one-, two-, and three-bedroom residences averaging approximately 821 square feet. Larger-than-average unit sizes provide broad appeal to healthcare workers while supporting strong tenant retention and leasing performance. Many residences enjoy premium Lake Washington views, enhancing the property's appeal and supporting rental premiums. The community is ideally located approximately one-half mile from the Burke-Gilman Trail and less than two miles from Matthews Beach Park, Seattle's largest freshwater swimming beach. Ownership has completed significant capital improvements, including a roof replacement within the last six years, Cutler-Hammer electrical panels, and primarily copper plumbing throughout, reducing near-term capital needs and supporting operational stability. The property is also conveniently located near major employment and institutional drivers, including the University of Washington, Seattle Children's Hospital, and the growing Magnuson Park corridor. The combination of desirable views, spacious units, recent improvements, and strong Northeast Seattle fundamentals makes Sandpoint Way Apartments a compelling multifamily investment opportunity.

Listing Highlights

Status Active
Days on Site 15
Property Type Multi-Family
MLS ® 2567375
Year Built 1930
Total Square Footage 4,925
Lot/Acreage 0.13
County King
Neighborhood Matthews Beach
School District Seattle

Interior Details

  • Bedrooms: 11
  • Bathrooms: 7 Full
  • Appliances:
  • Air Cond:
  • Heating: Baseboard
  • Fireplaces: 0
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: Paved
  • Garage Capacity: N/A
  • Parking Spaces: 2
  • Roof: Composition
  • Others: Metal/Vinyl
  • Sewer: Sewer Connected

Financial Details

  • Tax Amount: $14,879
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 8820900260
  • Tax Year: 2026

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12340 Sand Point Way NE Seattle, WA 98125

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Originating MLS: nwmls

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Zachary Dresel

Tier 2 Support | Legacy 3 | Keller Williams Realty

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