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(253) 209-4200
Real Estate Company
4206 Dayton Avenue N, Seattle, WA 98103
- $2,250,000
- 3,120
- SqFt
Listing Broker: Coldwell Banker Bain; Christopher Sudore; 425-519-3345; Chris@KingCountyEstates.com
- List Price
- $2,250,000
- Status
- ACTIVE
- MLS#
- 2590619
- Days on Market
- 0
- Style
- 54 - 4-Plex
- Building Condition
- Very Good
- Finished SqFt
- 3,120
- Area Total SqFt
- 3120
- Annual Tax Ammount
- 12445
- Lot Size (sq ft)
- 5,000
- Sewer
- Available
Property Description
One of Upper Fremont's few grandfathered multi-units on a quiet residential street, this extraordinary 4-unit property stands in a category of its own. A $625,000 full gut renovation has produced something the market simply cannot replicate. Nothing comparable exists. Six bedrooms & four baths total across two 2-bed/1-bath units rebuilt to the studs with all new electrical, HVAC, A/C, gas lines, LVP floors, quartz counters, custom cabinetry, double vanities & custom tile showers. Two studios with all new baths, electric heat, cabinetry & quartz counters. Every unit has in-unit laundry washer & dryer, a separate electric meter & new window blinds. The main top floor unit is a true showpiece. A dramatic two-story entry with custom metal railings, refinished hardwood floors & a statement chandelier sets the tone immediately. The chef's kitchen is anchored by custom cabinetry, quartz counters & a gas range, all framed by a thoughtfully realigned window capturing breathtaking Mt. Rainier & downtown Seattle views. The exterior is equally impressive with new Hardie board siding, a new roof, all new windows, fresh landscaping, a fenced yard, updated masonry steps & hard-wired Ring security cameras. Four off-street parking spaces & a 10x10 storage shed complete the package. Quality product. Quality tenants. Nothing left to do. Steps to the best of Fremont's restaurants, bars, shops & coffee
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Additional Information
- List Date
- 2026-10-02 23:43:11
- Community
- Fremont
- Net Operating Income
- $104,554
- Gross Adjusted Income
- $125,208
- Gross Scheduled Income
- $133,200
- Total Monthly Income
- $11,100
- Insurance Expenses
- $2,770
- Water/Sewer/Garbage Expenses
- $3,772
- Gross Rent Multiplier
- 18.4
- Total Expenses
- $23,653
- Cap Rate
- 4.27
- Vacancy Rate
- 6
- Total Number of Units
- 4
- Unit Name
- 4206
- Potential Terms
- Cash, Conventional
- Year Built
- 1914
- View
- City, Mountains, Territorial
- Roof
- Composition
- Site Features
- Cable TV, Deck, Fenced-Partially, High Speed Internet, Outbuildings, Patio
- Electric Expenses
- 3877
- Other Expenses
- 600
- Energy Source
- Electric, Natural Gas
- School District
- Seattle
- Elementary School
- Bf Day
- Middle School
- Hamilton Mid
- High School
- Lincoln High
- Total Monthly Income
- $11,100
- Gross Scheduled Income
- $133,200
- Vacancy Rate
- 6
- Gross Adjusted Income
- $125,208
- Tax Year
- 2025
- Insurance Expense
- $2,770
- W/S/G Expenses
- $3,772
- Total Expenses
- $23,653
- Net Operating Income
- $104,554
- Gross Rent Multiplier
- 18.4
- Cap Rate
- 4.27
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.