Seattle, WA 98199 4051 Gilman Avenue W
$2,250,000
13 more
Presented By: John L. Scott, Inc and NWMLS
- MLS# 2390679
- 06/10/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 6,793
Home Details
Portfolio of SEVEN 2 and 3 bed CONDO UNITS located at the well maintained + professionally managed Gilmanor Building, a premier Magnolia Community. Unique investment and perfect 1031 exch opportunity offers investors strong cash flow, stable rents in high appreciation zip code. Each unit is thoughtfully designed for comfort+ efficiency, ranging in size from 786-1081 sf. Units feature gas fireplaces, private balconies and newly renovated interiors. Building amenities include on-site laundry, intercom entry system, elevator, assigned parking spots and additional storage. Convenient location offers easy access to major employers, close proximity to Magnolia Village and Discovery Park. Walk Score of 77 and Bike Score of 62
Presented By: John L. Scott, Inc and NWMLS
Interior Features for 4051 Gilman Avenue W
Bedrooms
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringVinyl, Vinyl Plank, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
Total Stories4
General for 4051 Gilman Avenue W
AmenitiesCoin Op Laundry, Elevator, See Remarks
Building Area UnitsSquare Feet
Building NameGilmanor
Cap Rate3.9
Carport Spaces
Carport Y/NNo
CitySeattle
CoolingNone
CountyKing
DirectionsGPS Friendly
Electric Expense1054
Elementary SchoolLawton
Fuel Expense
HOANo
HOA Fee$
HeatingBaseboard
High SchoolBallard High
High School DistrictSeattle
Insurance Expense22598
Leasable Area6753
Listing TermsCash Out, See Remarks
Lot Size Square Feet1
Lot Size UnitsSquare Feet
MLS Area700 – Queen Anne/Magnolia
Middle/Junior High SchoolMc Clure Mid
ModificationTimestamp2025-09-25T18:02:10.418Z
NWM_ShowMapLinkY
Net Operating Income88033
New ConstructionNo
Number Of Units Total7
Open Parking Spaces7
PossessionClosing, See Remarks
Possible UseResidential
Property Style55 – 5-9 Units
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksPortfolio of SEVEN 2 and 3 bed CONDO UNITS located at the well maintained + professionally managed Gilmanor Building, a premier Magnolia Community. Unique investment and perfect 1031 exch opportun
RoofFlat
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeMulti Family
Subdivision NameMagnolia
Tax Annual Amount18651
Tax Year2025
Units Below Gradefalse
Units In Building Total23
ViewTerritorial
Water CompanySeattle PU
Water Sewer Garbage10721
Year Built1968
Zoning DescriptionResidential
Exterior for 4051 Gilman Avenue W
Building Area Total6793
Covered Spaces
Exterior AmenitiesBrick, Cement/Concrete, Cement Planked, Stucco
Irrigation Water Rights Y/NNo
Lot FeaturesCurbs, Paved, Sidewalk
Lot Size Acres0
Parking Uncovered Spaces7
Total Parking7
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
Elementary School
Lawton Elementary School
High School
Ballard High
Middle School
Mc Clure Mid
Josh QA1
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