7741 1st Avenue NE, Seattle, WA 98115
- $1,079,000
- 2,160
- SqFt
Listing courtesy of List4FlatFee.com, LLC.
- List Price
- $1,079,000
- Status
- ACTIVE
- MLS#
- 2581382
- Days on Market
- 4
- Style
- 52 - Duplex
- Building Condition
- Good
- Finished SqFt
- 2,160
- Area Total SqFt
- 2160
- Annual Tax Ammount
- 8203
- Lot Size (sq ft)
- 4,000
- Sewer
- Sewer Connected
Property Description
Welcome home to this classic legal duplex with two separate addresses in Seattle's sought-after Green Lake neighborhood! Light, bright and spacious, this versatile property blends modern updates with original character. Enjoy a peaceful backyard and two brand-new composite decks—a spacious deck off the main level and a deck for the 1-bedroom unit. The lower level offers exceptional flexibility and income potential, featuring a 1-bedroom unit with its own address, electric meter and private entrance, plus a spacious studio room with its own bathroom and separate exterior entrance—ideal for flexible living and potential short-term rental use. Both spaces connect internally to the main house, offering flexibility for extended living, guests or work-from-home needs. Laundry is currently shared, with potential to create separate laundry for each unit. A large garage with upper loft provides generous storage or workspace, plus potential for a future DADU. Minutes to Green Lake Park, dining, transit, I-5 and Roosevelt Link Light Rail. A rare opportunity for flexible living and income potential. Buyer to verify all uses, SF, permits, STR eligibility & DADU potential.
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Additional Information
- List Date
- 2026-09-11 12:43:11
- Community
- Green Lake
- Net Operating Income
- $49,361
- Gross Adjusted Income
- $62,769
- Gross Scheduled Income
- $62,769
- Total Monthly Income
- $5,265
- Insurance Expenses
- $1,831
- Water/Sewer/Garbage Expenses
- $3,374
- Gross Rent Multiplier
- 17.19
- Total Expenses
- $13,408
- Cap Rate
- 4.6
- Total Number of Units
- 2
- Unit Name
- 7741
- Potential Terms
- Cash, Conventional
- Year Built
- 1925
- Roof
- Composition
- Site Features
- Deck
- Energy Source
- Electric
- School District
- Seattle
- Elementary School
- Daniel Bagley
- Middle School
- Robert Eagle Staff Middle School
- High School
- Ingraham High
- Total Monthly Income
- $5,265
- Gross Scheduled Income
- $62,769
- Gross Adjusted Income
- $62,769
- Tax Year
- 2025
- Insurance Expense
- $1,831
- W/S/G Expenses
- $3,374
- Total Expenses
- $13,408
- Net Operating Income
- $49,361
- Gross Rent Multiplier
- 17.19
- Cap Rate
- 4.6
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.