Seattle, WA 98109 417 Minor Avenue N
$1,398,000
31 more
Presented By: John L. Scott, Inc. and NWMLS
- MLS# 2427483
- 09/04/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 4,107
Home Details
Rare investment opportunity in South Lake Union w/ existing 4-Plex & mixed use zoning-ideal for owner/user! Located in Seattle’s tech-sector neighborhood, property is one of the few remaining residential development parcels in the area, offering a myriad of options: retain rentals as residential/business/retail units & potentially add up to 3 townhomes on parking surface area; redevelop site w/ 6 townhome units or denser multifamily project–generate income from existing fourplex while awaiting permits. Vacant land next door also for sale: with the two parcels combined, offer even more development opportunities. The neighborhood offers desirable work/life balance with a 99 walk score & nearby transit & I-5. Five on-site parking spaces!
Presented By: John L. Scott, Inc. and NWMLS
Interior Features for 417 Minor Avenue N
Bedrooms
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringCeramic Tile, Hardwood, Softwood, Vinyl, Vinyl Plank
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
Total Stories3
General for 417 Minor Avenue N
AmenitiesCoin Op Laundry
Building Area UnitsSquare Feet
Building NameFairview Homestead Assn
Cap Rate4.8
Carport Spaces
Carport Y/NNo
CitySeattle
CoolingNone
CountyKing
DirectionsGPS
Electric Expense940
Fuel Expense
HOANo
HOA Fee$
HeatingBaseboard, Wall Unit(s)
High School DistrictSeattle
Insurance Expense4326
Leasable Area2571
Listing TermsCash Out, Conventional, Rehab Loan
Lot Size Square Feet3593
Lot Size UnitsSquare Feet
MLS Area700 – Queen Anne/Magnolia
ModificationTimestamp2025-09-08T17:29:11.287Z
NWM_ShowMapLinkY
Net Operating Income66600
New ConstructionNo
Number Of Units Total4
Open Parking Spaces5
PossessionClosing
Possible UseBusiness, Multi-Family, Office, Residential, Retail, See Remarks
Property Style54 – 4-Plex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksRare investment opportunity in South Lake Union w/ existing 4-Plex & mixed use zoning-ideal for owner/user! Located in Seattle’s tech-sector neighborhood, property is one of the few remaining resident
RoofComposition
Security FeaturesPartially Fenced
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeQuadruplex
Subdivision NameSouth Lake Union
Tax Annual Amount13642
Tax Year2024
Units Below Gradefalse
Units In Building Total4
ViewTerritorial
Water CompanySeattle Public Utilities
Water Sewer Garbage3391
Year Built1909
Zoning DescriptionBusiness, Multi-Family, Office, Residential, Retail, See Remarks
Exterior for 417 Minor Avenue N
Building Area Total4107
Covered Spaces
Exterior AmenitiesMetal/Vinyl, Wood
Foundation DetailsPoured Concrete, Slab
Irrigation Water Rights Y/NNo
Lot FeaturesAlley, Curbs, Paved, Sidewalk
Lot Number8
Lot Size Acres0.0825
Parking Uncovered Spaces5
Site FeaturesCable TV, Fenced-Partially, High Speed Internet
Total Parking5
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Josh QA1
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