9200 Densmore Avenue N, Seattle, WA 98103 (MLS # 2492985)
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Listing provided courtesy of Northwest MLS; Lotside
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Rare opportunity to acquire Blanchet Heights, a 6-unit townhome-style multifamily property just north of Green Lake. Built in 1963, the property consists of two well-maintained triplex buildings, each offering two 3-bedroom / 2-bath units and one 4-bedroom / 2-bath unit. Spacious units averaging approx. 1,450 SF feature fireplaces, rec rooms, and full-size in-unit washer/dryers. The property is 100% tenant occupied and benefits from strong demand for large rental units in this desirable North Seattle location. Legally established as a condominium with six individual tax parcels, Blanchet Heights offers investors multiple strategies: continue operating as a stable 6-unit multifamily asset or explore potential future individual unit sales, or future redevelopment potential (buyer to verify). Ideally located near North Seattle College, Northgate Station light rail, Northgate Mall redevelopment, and major transit corridors, providing convenient access to employment centers, retail, and transit. 6.2% CAP RATE
| LAST UPDATED | 3/17/2026 | TRACT | Licton Springs |
|---|---|---|---|
| YEAR BUILT | 1963 | COMMUNITY | Licton Springs |
| COUNTY | King | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | Viewlands |
|---|---|
| Jr. High School | Robert Eagle Staff Middle School |
| High School | Ingraham High |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | 705 - Ballard/Greenlake |
| CONSTRUCTION | Cement Siding |
| HEAT | Baseboard, Electric |
| LOT | 0.2718 acre(s) |
| LOT DESCRIPTION | Paved, Sidewalk |
| LOT DIMENSIONS | 106' x 112' |
| MLS STATUS | Active |
| STORIES | 2 |
| STYLE | 55 - 5-9 Units |
| SUBDIVISION | Licton Springs |
| TAXES | 23270 |
| UTILITIES | Sewer Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Territorial |
| WATER | Public |
| ZONING | Multi-Family |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Properties with the
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 3/17/26 12:37 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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