565 -569 Lee St

Seattle, WA 98109
  • $2,995,000

    Price
  • 13

    Bed
  • 12

    Bath
  • 7,032

    SqFt

About the Listing 6432 - 151440,38708

We are pleased to present Marguerite Manor, an 11-unit apartment community located in Seattle’s highly desirable Queen Anne neighborhood. The property encompasses approximately 7,032 square feet of net rentable area and features a unit mix of ten spacious one-bedroom apartments and one expansive three-bedroom penthouse with sweeping views of the Seattle skyline and Lake Union. Current ownership has implemented several significant capital improvements in recent years. The building features a durable brick façade along the front elevation, while the rear exterior was extensively rebuilt, resided, and repainted in 2015. Additional exterior upgrades include the installation of a high tech roof in 2019, a retractable awning, and new decks in 2020. Residents benefit from on-site common laundry facilities and dedicated off-street parking consisting of six open stalls and two tandem spaces located at the rear of the property. Situated within Queen Anne, Marguerite Manor offers investors a combination of stable in-place income, strong renter demand, and long-term appreciation potential. The property’s location, recent capital improvements, and attractive unit configuration position it as a compelling multifamily investment opportunity in one of the Pacific Northwest’s most sought-after urban submarkets.

Listing Highlights

Status Active
Days on Site 2
Property Type Multi-Family
MLS ® 2554111
Year Built 1963
Total Square Footage 7,032
Lot/Acreage 0.17
County King
Neighborhood Queen Anne
School District Seattle

Interior Details

  • Bedrooms: 13
  • Bathrooms: 12 Full
  • Appliances:
  • Air Cond:
  • Heating: Baseboard
  • Fireplaces: 0
  • Floor: Laminate,Vinyl Plank,Carpet
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: Corner Lot,Paved,Sidewalk,Deck,Fenced-Partially,Zoning: Multi-Family
  • Garage Capacity: N/A
  • Parking Spaces: 8
  • Zoning: Multi-Family
  • Roof: Flat
  • Others: Brick,Wood,Very Good
  • Sewer: Sewer Connected

Financial Details

  • Tax Amount: $31,621
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 6889900005
  • Tax Year: 2026

Payment Calculator

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565 -569 Lee St Seattle, WA 98109

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Originating MLS: nwmls

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Adam Wenzel

| Wenzel Homes | Fathom Realty

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