4507 Phinney Avenue N Seattle WA 98103 MLS #NWM2397141

Listing Provided Courtesy of Windermere R.E. Northeast, Inc
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.

Property Details

Price:
$1,679,000
MLS #:
NWM2397141
Status:
Active
Beds:
0
Baths:
0
Address:
4507 Phinney Avenue N
Type:
Multi Family
Subdivision:
Fremont
Neighborhood:
705 – Ballard/Greenlake
City:
Seattle
Listed Date:
Jun 25, 2025
State:
WA
Finished Sq Ft:
2,605
Total Sq Ft:
2,605
ZIP:
98103
Lot Size:
3,750 sqft / 0.09 acres (approx)
Year Built:
1920
Units:
4

Schools

School District:
Seattle
Elementary School:
Bf Day
Middle School:
Hamilton Mid
High School:
Lincoln High

Interior

Cooling
None
Flooring
Ceramic Tile, Hardwood, Laminate
Heating
Baseboard

Exterior

Construction Materials
Wood
Exterior Features
Wood
Roof
Composition
Security Features
Partially Fenced

Financial

Net Operating Income
$70,340
Tax Year
2025
Taxes
$9,947

Map

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4507 Phinney Avenue N
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