4912 Evanston Avenue N, Seattle, WA 98103
- $1,630,000
- 5,662
- SqFt
Listing courtesy of Lake & Company. Selling Office: ZNonMember-Office-MLS.
- Sold Price
- $1,630,000
- List Price
- $1,900,000
- Status
- SOLD
- MLS#
- 2501126
- Closing Date
- Jun 15, 2026
- Days on Market
- 33
- Style
- 55 - 5-9 Units
- Building Condition
- Good
- Finished SqFt
- 5,662
- Area Total SqFt
- 5662
- Annual Tax Ammount
- 20648
- Internet Provider
- Xfinity
- Lot Size (sq ft)
- 5,000
- Sewer
- Sewer Connected
Property Description
Wonderful mid-century 9-unit apartment building in a prime Seattle location directly across from Woodland Park Zoo. The “Zoo-plex” features one basement studio and eight spacious one-bedroom units with hardwood floors and classic mid-century character. Amenities include common laundry, individual storage units, and off-street parking for two vehicles. Strong value-add opportunity with potential to increase rents or renovate units for enhanced income. This highly desirable location supports consistent tenant demand, low turnover, and ease of leasing. The property has been well maintained, with recent updates including a newer boiler, roof, and sewer line. Offered for the first time in over 30 years, this is a rare investment opportunity in a sought-after neighborhood—don’t miss your chance to own a truly unique asset.
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Additional Information
- List Date
- 2026-05-13 00:00:00
- Community
- Woodland Park
- Net Operating Income
- $107,415
- Gross Adjusted Income
- $154,500
- Gross Scheduled Income
- $154,500
- Total Monthly Income
- $12,875
- Insurance Expenses
- $9,923
- Water/Sewer/Garbage Expenses
- $1,629
- Gross Rent Multiplier
- 12
- Total Expenses
- $47,085
- Cap Rate
- 5.6
- Total Number of Units
- 9
- Unit Name
- 4912
- Potential Terms
- Cash
- Year Built
- 1955
- Roof
- Flat
- Site Features
- Gas Available
- Electric Expenses
- 10764
- Other Expenses
- 1000
- Energy Source
- Natural Gas
- School District
- Seattle
- Elementary School
- Bf Day
- Middle School
- Hamilton Mid
- High School
- Lincoln High
- Total Monthly Income
- $12,875
- Gross Scheduled Income
- $154,500
- Gross Adjusted Income
- $154,500
- Tax Year
- 2025
- Insurance Expense
- $9,923
- W/S/G Expenses
- $1,629
- Total Expenses
- $47,085
- Net Operating Income
- $107,415
- Gross Rent Multiplier
- 12
- Cap Rate
- 5.6
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.