403 W University Way

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Address: 403 W University Way, Ellensburg, WA 98926, USA
Seattle & Northwest + Apartment Buildings
Created date: June 17, 2026
Date last updated: September 29, 2026
Price: $2,199,900Investment Analyzer NEW!
  • 35,240 SF building
  • Approved for 76 Units
  • Zoned CH
  • Strategic location
  • Prime redevelopment opportunity

Property Description

Embark on an exciting multi-family conversion project with this 35,240 SF building, strategically located mere blocks away from Central Washington University at 403 W University Way, Ellensburg, WA. Approved by the City of Ellensburg, this property offers the unique opportunity to transform it into a multi-family with a total of 76 units. With partial demolition already underway, this versatile building, built in 1967 and zoned CH, is ready to be customized for a multi-family use. Investors looking for a prime opportunity to create a modern living space in a sought-after location will find this project to be a promising prospect.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $2,199,900
No. of Units: 76
Year Built: 1967
Lot Size: 2.07 Acres
Opportunity Zone: No
Price per unit: $28,946
Property Website Click Here
Address: 403 W University Way, Ellensburg, WA 98926, USA
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Step 4Final Deal Analysis

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