Estimated payment $10,022/month
Multi-family investment offering – rare opportunity to own 2 structures with 4 rental units on the border of the coveted Fremont & Phinney Ridge communities. This desirable property features a charming 1BR/1BA bungalow & a 2 story triplex with two 1BR/1BA units & one 2BR/1BA unit. All units include separate entrances & dedicated electrical meters. Charming interiors boast vintage period details including fir floors & old-world millwork coupled w/modern upgrades. Perfect for mid-level investors, this fully rented turn-key property offers steady cash flow w/attractive LR1 zoning providing a host of future development options. Incredible location just blocks to Fremont, close to Greenlake & Ballard, University of WA, w/easy access I-5 & SR-99.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2397141
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $9,947 | $1,005,000 | $983,000 | $22,000 |
| 2023 | $9,452 | $1,007,000 | $969,000 | $38,000 |
| 2022 | $8,717 | $1,089,000 | $866,000 | $223,000 |
| 2021 | $8,314 | $922,000 | $757,000 | $165,000 |
| 2020 | $8,541 | $835,000 | $631,000 | $204,000 |
| 2018 | $7,798 | $864,000 | $321,000 | $543,000 |
| 2017 | $6,797 | $770,000 | $286,000 | $484,000 |
| 2016 | $6,358 | $692,000 | $257,000 | $435,000 |
| 2015 | $5,648 | $641,000 | $238,000 | $403,000 |
| 2014 | -- | $582,000 | $216,000 | $366,000 |
| 2013 | -- | $512,000 | $190,000 | $322,000 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/25/2025 06/25/25 | For Sale | $1,679,000 | -- | $645 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $1,225,000 | Cw Title | |
| Warranty Deed | $475,000 | Old Republic T | |
| Warranty Deed | $175,000 | -- |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $565,000 | New Conventional | |
| Previous Owner | $918,750 | New Conventional | |
| Previous Owner | $559,000 | Purchase Money Mortgage | |
| Previous Owner | $332,500 | Fannie Mae Freddie Mac |
$1,349,000
***Mortgage savings may be available for buyers of this listing. Set high above the vibrant neighborhoods of Ballard, Phinney, and Fremont, this beautifully updated duplex offers stunning Olympic Mountain views and a unique blend of character and flexibility. Each unit showcases vaulted ceilings, rich hardwood floors, cozy fireplaces, and convenient attached garages. The home is surrounded by
Rhea Kulikova Redfin
$1,345,000
This fourplex, built in 1956 has all 1 BR 1BA units averaging 566SF. Currently 100% vacant, there is an the opportunity to immediately lease-up at market rents or renovate the units to achieve even higher income potential. The property has received system updates including roof (2008), vinyl windows, and copper/PEX plumbing. A large common area with laundry and storage, connected to the garage,
Daniel Lim Lee & Associates Commercial RE
$1,395,000
Meticulously maintained triplex in the heart of downtown Fremont. Successfully operated as a top-performing Airbnb for the past seven years with an average gross income exceeding $120K annually. Flexible zoning allows for short-, mid-, or long-term rental strategies, making this an ideal investment for seasoned hosts or newcomers alike. Guests are drawn to its unbeatable location, tranquil
Bryan Richardson Kelly Right RE of Seattle LLC
$1,757,000
Painted Brick 4-plex in vibrant Ballard Neighborhood. Surrounded by thriving Residential and Commercial growth. Quiet, Mid Block Location. Spacious Living Spaces consisting of (3) 2BR units and (1) Studio. In unit Washer/Dryers, Ample Closets, 2 units with Fireplaces and additional Storage Lockers. Thoughtfully renovated in 2017. New Windows, Stainless Steel Appliances, Quartz Counters,
Kim-Marie Motoda John L Scott Westwood
$1,395,000
MOTIVATED SELLER – Seller has found a property he would like to exchange into, drastically increasing his want to sell. All the apartments have in-unit laundry, functional layouts, and complete kitchen appliance packages. The interior finishes blend original elements and simple updates that have been done over time. The future owner can capitalize on this and easily modernize the units
Will Douglas Paragon Real Estate Advisors
$1,395,000
A Whimsical Urban Oasis in the Heart of the City: Welcome to a one-of-a-kind home where joy, color, and creativity bloom around every corner. This legal duplex — which could be converted to a single-family home — is surrounded by overflowing gardens, lush greenery, and vibrant blooms that seem to embrace the house with life. An adorable, whimsical cottage in the back adds even more charm and
Anne Marie Peterson COMPASS
$1,740,000
Prime Wallingford triplex ideally situated in a vibrant business and shopping district with convenient access to I-5. Each unit bright and spacious 2-bedroom, 1-bath. Features a durable Marblecrete exterior. Boasting a remarkable walk score of 93, the property is just steps from restaurants, shops, a grocery store, Greenlake, and Woodland Park. Highly desirable and easy to rent, with units rarely
Nona Adams RE/MAX Integrity
$1,572,000
Great income property on Queen Anne's west slope. Water views from expansive windows and location make it always easy to lease. Upper units have cathedral ceilings. each floor shares a common laundry. Off street parking for four vehicles. Keep as a 4Plex or use included development plans and LR2 zoning to add and addional floor with penthouse or 2 more units. meticulously maintained, new
Jason Wilcox Raven Commercial Real Estate
$1,325,000
Quality built 1965 duplex in an excellent top of QA location close to all area amenities including shopping, restaurants, QA Pool, and QA Community Center. Both units have 2 bedrooms, 1 full bath, good sized living room with eating space and hardwood floors throughout. There are 2 off street parking spaces off the alley and a small fenced yard.
Paul Simpson Windermere Real Estate Co.
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2397141
APN: 952210-0545
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