5638 3rd Ave NW Seattle, WA 98107
Phinney Ridge NeighborhoodEstimated payment $8,046/month
Highlights
- Rooftop Deck
- Territorial View
- No HOA
- West Woodland Elementary School Rated A
- Wood Flooring
- 2-minute walk to Phinney Ridge P-Patch Community Garden
About This Home
Perched in the heart of Phinney Ridge, this classic mid-century brick triplex blends timeless character with strong investment potential. The property features three well-appointed units, each with spacious layouts, abundant natural light with views of the Olympic Mountains, and period details that tenants love—hardwood floors, large picture windows, and solid construction throughout. Currently there is one vacant and staged unit for easy showings. The largest 3 bedroom unit will be available soon, for trouble free market rate lease updates and/or renovations, and wonderful owner occupant potential. The building offers a desirable mix of privacy, walkability and easy parking with three street facing garages. Residents enjoy easy access to neighborhood favorites—local cafés, parks, boutique shops, and major transit routes. Downtown Seattle is just minutes away. The durable brick exterior and mid-century design provide lasting curb appeal and low-maintenance ownership. Whether you're an investor seeking steady rental income or an owner-occupant looking to offset your mortgage, this triplex delivers flexibility and long-term upside in one of Seattle’s most sought-after neighborhoods. Don’t miss this rare opportunity to own a piece of Phinney Ridge charm with built-in income potential. Full Inspection available after showing.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2498641
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,730
Year Built
- Built in 1958
Lot Details
- 6,820 Sq Ft Lot
- Lot Dimensions are 48'x114'x78'x110'
- Open Space
- Partially Fenced Property
Parking
- 3 Car Garage
Home Design
- Triplex
- Brick Exterior Construction
- Bitumen Roof
Interior Spaces
- 2,960 Sq Ft Home
- 3-Story Property
- Territorial Views
Flooring
- Wood
- Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Bathrooms
Outdoor Features
- Rooftop Deck
Utilities
- Ductless Heating Or Cooling System
- Baseboard Heating
- High Speed Internet
Community Details
- No Home Owners Association
- Ballard Acre Tracts Condos
- Phinney Ridge Subdivision
Listing and Financial Details
- Tax Lot 23&30
- Assessor Parcel Number 0455000650
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $11,001 | $1,103,000 | $830,000 | $273,000 |
| 2023 | $10,460 | $1,076,000 | $818,000 | $258,000 |
| 2022 | $9,027 | $1,164,000 | $731,000 | $433,000 |
| 2021 | $8,605 | $950,000 | $639,000 | $311,000 |
| 2020 | $8,836 | $860,000 | $533,000 | $327,000 |
| 2018 | $7,571 | $832,000 | $415,000 | $417,000 |
| 2017 | $6,536 | $741,000 | $369,000 | $372,000 |
| 2016 | $6,170 | $659,000 | $331,000 | $328,000 |
| 2015 | $5,480 | $608,000 | $306,000 | $302,000 |
| 2014 | -- | $552,000 | $277,000 | $275,000 |
| 2013 | -- | $485,000 | $244,000 | $241,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/06/2026 04/06/26 | Pending | -- | -- | -- |
| 03/30/2026 03/30/26 | For Sale | $1,349,000 | -- | $456 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $754,000 | Fidelity Natio | |
| Warranty Deed | $495,000 | Chicago Title | |
| Warranty Deed | $243,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $527,800 | Negative Amortization | |
| Previous Owner | $396,000 | No Value Available |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2498641
APN: 045500-0650
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Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.