Seattle, WA 98105 4704 22nd Avenue NE
$3,650,000
7 more
Presented By: John L. Scott, Inc and NWMLS
- MLS# 2406389
- 07/29/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 6,775
Home Details
Discover The Penrith – a well-maintained 15-unit investment opportunity in the heart of Seattle’s vibrant University District. Close to University of Washington, this prime location offers unmatched access to University Village’s 120+ shops and restaurants, the lively dining and nightlife. Excellent transit options with the U District Light Rail Station. Each unit features an efficient layout with durable luxury vinyl plank flooring, classic white appliances, Formica countertops, matching bathroom vanities, and newly updated bathtub and tile surrounds. On-site laundry and 14 off-street parking spaces add to tenant convenience. This is an ideal opportunity for investors looking to grow in a dynamic, high-demand rental market.
Presented By: John L. Scott, Inc and NWMLS
Interior Features for 4704 22nd Avenue NE
Bedrooms
Bedrooms Possible0
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
Total Stories3
General for 4704 22nd Avenue NE
Building Area UnitsSquare Feet
Cap Rate5.55
Carport Spaces
Carport Y/NNo
CitySeattle
CoolingNone
CountyKing
DirectionsI-5 North, take Exit 169, stay right to UW/NE 45th St. Straight onto 7th Ave NE. R on NE 45th St. L on 20th Ave NE. R on NE 47th St, changes to 21st Pl NE. L on 22nd Ave NE. Property on right.
Electric Expense
Elementary SchoolLaurelhurst
Fuel Expense
HOANo
HOA Fee$
HeatingBaseboard
High SchoolRoosevelt High
High School DistrictSeattle
Insurance Expense9000
Leasable Area6775
Listing TermsCash Out, Conventional
Living Area UnitsSquare Feet
Lot Size Square Feet7384
Lot Size UnitsSquare Feet
MLS Area710 – North Seattle
Middle/Junior High SchoolEckstein Mid
ModificationTimestamp2025-07-31T17:30:11.082Z
NWM_ShowMapLinkY
Net Operating Income202589
New ConstructionNo
Number Of Units Total15
Open Parking Spaces14
PossessionClosing
Property Style56 – 10+ Units
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksDiscover The Penrith a well-maintained 15-unit investment opportunity in the heart of Seattles vibrant University District. Close to University of Washington, this prime location offers unmatched acc
RoofFlat
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeMulti Family
Subdivision NameUniversity District
Tax Annual Amount33496
Tax Year2025
Units Below Gradefalse
Water Sewer Garbage16940
Year Built1956
Exterior for 4704 22nd Avenue NE
Building Area Total6775
Covered Spaces
Exterior AmenitiesBrick
Irrigation Water Rights Y/NNo
Lot Size Acres0.1695
Parking Uncovered Spaces14
Total Parking14
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Roosevelt High
Middle School
Eckstein Mid
Elementary School
Laurelhurst Elementary School
Josh QA1
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