2318 Yale Avenue E, Seattle, WA, 98102
About This Home
The Jennifer Marie is a 10-unit apartment building located in the heart of Seattle’s Eastlake neighborhood. Built in 1969, the property features a mix of 1BD, 2BD, and 3BD units totaling 8,850 rentable square feet on a 6,600 square foot lot zoned LR3 (M). The building is in strong physical condition with major systems in great shape. New roof was installed in May 2025 and comes with a transferable warranty. 8 units received new luxury vinyl plank (LVP) flooring when they were turned over between late 2023 and early 2024. The kitchens and bathrooms across the building remain largely original, creating a clear renovation path in targeted improvements to push rents from the current average of $2,197 to a projected $2,663, a 21% increase. The building has 12 parking stalls (9 open and 3 covered tandem). 2 units are currently nonconforming. The Seller has invested in architectural plans and worked with the City of Seattle to prepare a legalization permit. The permit is teed up for a buyer to go to the city, pay the outstanding fees, and pick it up (buyer to verify).
Getting Around
Very Walkable
Good Transit
Very BikeableSchools
Construction
Condition
- Year built: 1969
Materials
- Foundation: Poured Concrete
- Roof: Flat
- Construction materials: Stucco,Wood Siding
Type & Style
- Home type: MultiFamily
- Architectural style: 10+ Units
- Property subType: Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 14
- Bathrooms: 11
Features
- Flooring: Laminate
Heating & Cooling
- Heating features: Baseboard,Electric
- Cooling features: None
Interior Area
- Total structure area: 8,850
- Total interior livable area: 8,850 sqft
Property
Details
- Parcel number: 2902201075
- Zoning description: Multi-Family,Jurisdiction: City
- Special condition: Standard
Lot
- Lot size: 6,599 sqft
Parking
- Total spaces: 12
- Covered spaces: 3
- Uncovered spaces: 9
- Carport spaces: 3
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in King County and Washington
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $15,650 | $187,800 |
| Home Insurance * | $528 | $6,336 |
| Property Taxes | $1,960 | $23,520 |
| Electricity | $605 | $7,264 |
| Total | $18,743 | $224,916 |
Income You'd Need if You Spent...
Washington FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-05 | Listed for sale | $3,295,000 |
| 2024-02-03 | Listing removed | -- |
| 2024-01-20 | Price change | $1,875 |
| 2024-01-07 | Price change | $1,850 |
| 2023-12-16 | Listed for rent | $1,895 |
| 2022-01-31 | Listing removed | -- |
| 2022-01-25 | Price change | $1,825 |
| 2021-12-09 | Listed for rent | $1,775 |
| 2021-02-24 | Listing removed | -- |
| 2021-02-11 | Listed for rent | $1,200 |
| 2021-01-21 | Listing removed | -- |
| 2021-01-10 | Price change | $2,195 |
| 2020-12-28 | Price change | $2,295 |
| 2020-12-11 | Listed for rent | $1,195 |
| 2020-10-18 | Listing removed | $2,195 |
| 2020-09-28 | Price change | $2,195 |
| 2020-08-23 | Price change | $2,400 |
| 2020-08-11 | Listed for rent | $2,850 |
| 2018-05-26 | Listing removed | $2,300 |
| 2018-04-07 | Listed for rent | $2,300 |
| 2018-01-20 | Listing removed | $1,450 |
| 2017-11-22 | Listed for rent | $1,450 |
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