Welcome to Whatcom | John L. Scott Bellingham
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$2,995,000

Active

Listing provided by Sara Bago, Lee & Associates Commercial RE

0

DOM

Ask Austin

About this property.

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.

Property details.

Property TypeResidential Income
Sub TypeMulti Family
Stories3
Year Built1963
Lot Acres0.17
Garage0 car
List Price$2,995,000
MLS StatusActive

Features.

Exterior

BrickWood

Heating

Baseboard

Cooling

None

Flooring

LaminateVinyl PlankCarpet

View

CitySoundTerritorial

Site Features

Deck,Fenced-Partially

Agent information.

List AgentSara Bago
List OfficeLee & Associates Commercial RE
Austin Hudspeth

Austin Hudspeth

Licensed Broker · John L. Scott Real Estate

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Listed by: Sara Bago, Lee & Associates Commercial RE

Courtesy of Lee & Associates Commercial RE

Source: NWMLS, MLS#: 2554111NWMLS

NWMLS

Listing data deemed reliable but not guaranteed. Based on information submitted to the MLS GRID as of 07/14/2026, 11:30:33 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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. Provided by NWMLS as distributed by MLS Grid.

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