Seattle, WA 98103 4507 Phinney Avenue N
$1,679,000
14 more
Presented By: Windermere R.E. Northeast, Inc and NWMLS
- MLS# 2397141
- 06/25/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 2,605
Home Details
Multi-family investment offering – rare opportunity to own 2 structures with 4 rental units on the border of the coveted Fremont & Phinney Ridge communities. This desirable property features a charming 1BR/1BA bungalow & a 2 story triplex with two 1BR/1BA units & one 2BR/1BA unit. All units include separate entrances & dedicated electrical meters. Charming interiors boast vintage period details including fir floors & old-world millwork coupled w/modern upgrades. Perfect for mid-level investors, this fully rented turn-key property offers steady cash flow w/attractive LR1 zoning providing a host of future development options. Incredible location just blocks to Fremont, close to Greenlake & Ballard, University of WA, w/easy access I-5 & SR-99.
Presented By: Windermere R.E. Northeast, Inc and NWMLS
Interior Features for 4507 Phinney Avenue N
Bedrooms
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringCeramic Tile, Hardwood, Laminate
Heating Y/NYes
Power Production TypeElectric, Natural Gas
Total Fireplaces
Total Stories2
General for 4507 Phinney Avenue N
Building Area UnitsSquare Feet
Cap Rate4.2
Carport Spaces
Carport Y/NNo
CitySeattle
CoolingNone
CountyKing
DirectionsGPS Compliant
Electric Expense3043.43
Elementary SchoolBf Day
Fuel Expense68.4
HOANo
HOA Fee$
HeatingBaseboard, Wall Unit(s)
High SchoolLincoln High
High School DistrictSeattle
Insurance Expense4363
Leasable Area2605
Listing TermsCash Out, Conventional
Lot Size Square Feet3750
Lot Size UnitsSquare Feet
MLS Area705 – Ballard/Greenlake
Middle/Junior High SchoolHamilton Mid
ModificationTimestamp2025-09-15T19:58:11.534Z
NWM_ShowMapLinkY
Net Operating Income70340
New ConstructionNo
Number Of Units Total4
Open Parking Spaces0
PossessionClosing, Subject to Tenant Rights
Possible UseMulti-Family
Property ConditionGood
Property Style54 – 4-Plex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksMulti-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 charmin
RoofComposition
Security FeaturesPartially Fenced
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeQuadruplex
Subdivision NameFremont
Tax Annual Amount9947
Tax Year2025
Units Below Gradefalse
Units In Building Total4
ViewCity, Partial, Territorial
Water CompanySeattle PUD
Water Sewer Garbage2166.15
Year Built1920
Zoning DescriptionMulti-Family
Exterior for 4507 Phinney Avenue N
Building Area Total2605
Covered Spaces
Exterior AmenitiesWood
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot DimensionsSee Map
Lot FeaturesCorner Lot, Curbs, Paved, Sidewalk
Lot Size Acres0.0861
Parking Uncovered Spaces0
Site FeaturesFenced-Partially, Gas Available, High Speed Internet, Patio
Total Parking0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
Middle School
Hamilton Mid
Elementary School
Bf Day Elementary School
High School
Lincoln High
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