6519 4th Avenue NE, Seattle, WA 98115

$1,775,000
3,740
SqFt

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Listing courtesy of Lake & Company. Selling Office: ZNonMember-Office-MLS.

Sold Price
$1,775,000
List Price
$1,875,000
Status
SOLD
MLS#
2483426
Closing Date
Apr 17, 2026
Days on Market
36
Style
55 - 5-9 Units
Finished SqFt
3,740
Area Total SqFt
3740
Annual Tax Ammount
15186
Internet Provider
Xfinity
Lot Size (sq ft)
6,000
Sewer
Sewer Connected

Property Description

Well maintained, updated 6-unit apartment building. Highly desirable, never vacant, prime Greenlake location with one block to the lake. Short walk to coffee shops, restaurants, retail, PCC market, Whole food market, public transportation, and light rail. Easy access to I-5, Aurora 99, University of Washington, and downtown Seattle which is only 5.5 miles away. All units are 1br/1ba and have been updated with laminate Hardwood flooring, bathrooms, kitchens and double pane windows. Most plumbing have been updated to PEX. Coin operated laundry for additional income. Six parking spots in the back alley. Significant value in the land. 6,000 sqft , flat LR3 zoning for immediate or future development. 6% current actual CAP.

Additional Information

List Date
2026-03-12 00:00:00
Community
Seattle
Net Operating Income
$113,437
Gross Adjusted Income
$142,798
Gross Scheduled Income
$144,240
Total Monthly Income
$12,020
Insurance Expenses
$6,165
Water/Sewer/Garbage Expenses
$4,800
Gross Rent Multiplier
13
Total Expenses
$29,361
Cap Rate
6.05
Vacancy Rate
1
Total Number of Units
6
Unit Name
6519
Potential Terms
Cash, Conventional
Year Built
1962
View
Territorial
Roof
Torch Down
Site Features
Cable TV, Fenced-Partially, High Speed Internet
Electric Expenses
660
Other Expenses
2550
Energy Source
Electric
School District
Seattle
Elementary School
Seattle Public Sch
Middle School
Seattle Public Sch
High School
Seattle Public Sch
Total Monthly Income
$12,020
Gross Scheduled Income
$144,240
Vacancy Rate
1
Gross Adjusted Income
$142,798
Tax Year
2025
Insurance Expense
$6,165
W/S/G Expenses
$4,800
Total Expenses
$29,361
Net Operating Income
$113,437
Gross Rent Multiplier
13
Cap Rate
6.05
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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