Rare investment opportunity in the heart of the University District. One of only two undeveloped parcels on the block—ideal for long-term hold or future development. Currently leased at $8,500/month through 8/31/2025, with rent increasing to $8,925/month through 8/31/2026. Zoned LR3 (M), allowing for multifamily or mixed-use potential. Surrounded by new developments and just blocks from UW campus, light rail, shops, and restaurants. High-demand rental area with strong income and appreciation potential. Tremendous value in land—don’t miss this chance to secure a prime spot in one of Seattle’s hottest submarkets!
Last Agent to Sell the Property
Skyline Properties, Inc. License #136898 Listed on: 05/14/2025
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2376143
$1,450,000
Four-plex on 5,400sf lot, zoned LR3. Located only one block away from UW campus, University Village and Burke Gilman Trail. Territorial and Cascade Mountain views from top floor units. Outstanding opportunity to renovate and increase rental performance or redevelop the property.
Franz Diessner Coldwell Banker Bain
$1,499,000
Live in a true Seattle classic in the U-District featuring 2 separate living units each with 3 bedrooms, separate entrances, full kitchens and washers/dryers. Large living spaces, original moldings, hardwood floors, handsome fireplaces, big bedrooms and a private fenced yard. Updated kitchens and baths. Roof, plumbing and sewer line updated. Spacious and functional with generously sized
Adrian Jensen Windermere RE Greenwood
$1,590,000
Investors pay attention, Duplex, Zoned LR2 with huge potential for development, convenient location in the heart of U-District, walk to light rail station and UW campus, unbeatable with stable rental income from unlimited incoming UW students in the future. Many new renovations made in the last few year, cap rate at 4.63%. Preleased $7,340/month from 9/1/2025 to 8/31/2026. Rent to 2 groups of
Sam Chui eLink Realty
$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
$1,475,000
As-built triplex (not a conversion) located on prime corner lot. Just steps to Woodland Park tennis courts & Green Lake. Always rented. Reliable income for more than 20 years. Off-street parking for 4+ vehicles. Walkable location, with great transit access. Comfortable units, each with a fireplace. One of three investment properties offered for sale by the same owner.
Ray Akers Ewing & Clark, Inc.
$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
$1,775,000
SHOWING TIME: WED 8/13 (11am - 1pm). Please confirm. Fremont 4 presents a compelling investment opportunity in Seattle’s vibrant Fremont neighborhood: a well-maintained 4-unit multifamily property. Built in 1982, this fourplex features four 2-bedroom/1-bath units averaging 882 sq ft each, with hardwood floors, washer/dryers in unit, and ample parking/storage. Situated on a 4,992 sq ft LR3-zoned
Chad Martini Westlake Associates, Inc.
$1,380,000
Hard-to-find 4-plex that offers the ideal blend of steady income and future upside. Each of the 4 well-designed units features 2 bedrooms and 1 bath. The lower-level units enjoy direct garden access, while the upper units boast high ceilings, skylights, and private patios. 4 dedicated parking spaces and a brand-new roof. Well-maintained with an effective build year of 1992. Prime location—just a
Wen Xie Providential Real Estate LLC
$1,795,000
SELLER FINANCING AVAILABLE! Boutique 6-unit apartment building in Capitol Hill featuring a desirable mix of studio, 1- and 2-bedroom units. On-site laundry and storage space, with added potential to convert space for in-unit washer/dryer installations in additional units. Copper, PVC and Galvanized Plumbing. All electrical panels in units and main panel replaced in April 2025. Value add
Reid Jones Westlake Associates, Inc.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,620,000 | Ticor Title | |
| Warranty Deed | $1,488,888 | First American Title | |
| Warranty Deed | $515,000 | Stewart Title | |
| Warranty Deed | -- | Stewart Title | |
| Quit Claim Deed | -- | -- |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,320,000 | Construction | |
| Previous Owner | $1,636,499 | New Conventional | |
| Previous Owner | $280,000 | No Value Available | |
| Previous Owner | $228,800 | Credit Line Revolving |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/30/2025 05/30/25 | Sold | $1,620,000 | -3.6% | $405 / Sq Ft |
| 05/20/2025 05/20/25 | Pending | -- | -- | -- |
| 05/14/2025 05/14/25 | For Sale | $1,680,000 | +12.8% | $420 / Sq Ft |
| 05/27/2022 05/27/22 | Sold | $1,488,888 | -0.1% | $373 / Sq Ft |
| 04/07/2022 04/07/22 | Pending | -- | -- | -- |
| 04/01/2022 04/01/22 | For Sale | $1,490,000 | -- | $373 / Sq Ft |
| 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 | $14,306 | $1,493,500 | $1,120,000 | $373,500 |
| 2023 | $14,274 | $1,518,500 | $1,120,000 | $398,500 |
| 2022 | $10,367 | $1,321,100 | $1,120,000 | $201,100 |
| 2021 | $10,876 | $1,121,000 | $1,120,000 | $1,000 |
| 2020 | $10,657 | $1,121,000 | $1,120,000 | $1,000 |
| 2018 | $8,560 | $997,100 | $740,000 | $257,100 |
| 2017 | $6,961 | $858,100 | $740,000 | $118,100 |
| 2016 | $6,808 | $717,800 | $640,000 | $77,800 |
| 2015 | $5,357 | $686,600 | $580,000 | $106,600 |
| 2014 | -- | $548,900 | $440,000 | $108,900 |
| 2013 | -- | $548,900 | $440,000 | $108,900 |
Seller's Agent in 2025
Sheryl Yang
Skyline Properties, Inc
(425) 503-5281
1 in this area
337 Total Sales
Buyer's Agent in 2025
Franz Diessner
Coldwell Banker Bain
(425) 765-4252
3 in this area
96 Total Sales
J
Buyer Co-Listing Agent in 2025
Joseph Overland
Coldwell Banker Bain
(206) 354-9654
1 in this area
68 Total Sales
Seller's Agent in 2022
Jane Nipius
WPI Real Estate Services, Inc.
(206) 930-1146
4 in this area
36 Total Sales
Buyer's Agent in 2022
ShopProp Realty
ShopProp Inc.
(888) 821-0556
4 in this area
1,109 Total Sales
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2376143
APN: 092504-9186
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