5842 4th Avenue NW, Seattle, WA 98107

$900,000
2,200
SqFt

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Listing courtesy of Quorum Real Estate Prop. Mgmt.. Selling Office: Keller Williams Rlty Bellevue.

Sold Price
$900,000
List Price
$990,000
Status
SOLD
MLS#
2374647
Closing Date
Jul 11, 2025
Days on Market
11
Style
52 - Duplex
Building Condition
Good
Finished SqFt
2,200
Area Total SqFt
2200
Annual Tax Ammount
9141
Internet Provider
Comcast
Lot Size (sq ft)
5,000
Sewer
Sewer Connected
Offer Review Date
2025-05-22

Property Description

First time on market since 2004. Solid mid-century brick side-by-side duplex on prime corner lot in vibrant Lower Phinney Ridge near Woodland Park Zoo. Perfect for investors or future owner-occupants. Live in one, rent the other. Each unit features hardwood floors, picture windows, eat-in kitchens, private garages with new doors, laundry, and backyard access. Unit 5844 includes two fireplaces. Recent new side sewer adds value. Both units currently leased, subject to tenant rights. Strong rental upside in walkable neighborhood close to parks, shops, cafes, and transit. Minutes to Fremont, Ballard, and Green Lake. Easy commute to downtown Seattle. Rare opportunity in one of Seattle’s most sought-after areas.

Additional Information

List Date
2025-06-30 00:00:00
Community
Woodland Park
Net Operating Income
$28,410
Gross Adjusted Income
$48,420
Gross Scheduled Income
$48,420
Total Monthly Income
$4,035
Insurance Expenses
$1,668
Water/Sewer/Garbage Expenses
$3,407
Gross Rent Multiplier
20.44
Total Expenses
$20,010
Cap Rate
2.88
Total Number of Units
2
Unit Name
5842
Potential Terms
Cash Out, Conventional
Year Built
1952
Roof
Composition
Other Expenses
4311
Energy Source
Oil
School District
Seattle
Elementary School
West Woodland
Middle School
Whitman Mid
High School
Ballard High
Total Monthly Income
$4,035
Gross Scheduled Income
$48,420
Gross Adjusted Income
$48,420
Tax Year
2024
Insurance Expense
$1,668
W/S/G Expenses
$3,407
Total Expenses
$20,010
Net Operating Income
$28,410
Gross Rent Multiplier
20.44
Cap Rate
2.88
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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