4707 Phinney Avenue N, Seattle, WA 98103
- $1,210,000
- 3,780
- SqFt
Listing courtesy of eXp Realty.
- List Price
- $1,210,000
- Status
- ACTIVE
- MLS#
- 2551898
- Days on Market
- 17
- Style
- 52 - Duplex
- Finished SqFt
- 3,780
- Area Total SqFt
- 3780
- Annual Tax Ammount
- 14551
- Lot Size (sq ft)
- 5,000
- Sewer
- Sewer Connected
Property Description
Phinney Ridge spacious duplex near Woodland Park with stable income and strong upside potential. Exceptional property for an investor completing a 1031 exchange or looking to expand a multifamily portfolio. Each unit offers over 1300 sq ft of living space with 2 bedrooms and 1.75 bathrooms providing tenants an abundance of space to relax, work from home or find privacy. Additionally, there is over 1100 sq ft of unfinished basement space with separate entrance, offering a blank canvas for your ideas. Each unit has a w/dryer. Enhance your investment through future upgrades to the existing units while potentially adding another unit or creating unique amenities for yourself or for your tenants in the lower level. The property is zoned LR1(M) on a 5,000 sq ft lot offering future development potential. Both units currently occupied by tenants, providing immediate rental income. The exterior was refreshed in June 2026, all siding, window trim, deck, patio, railings & stairs professionally washed & painted. Fully fenced grassy backyard, 1 car-gar & driveway parking. Convenient commuter access to downtown Seattle or Eastside, including nearby public transit. Enjoy Woodland Park Rose Garden and nearby Green Lake & Fremont restaurants and cafes. Fantastic opportunity to acquire an income-producing property today with the option to owner-occupy in the future in one of Seattle's most desirable neighborhoods. Buyer to verify all information & permitted uses to their own satisfaction.
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Additional Information
- List Date
- 2026-07-09 23:29:15
- Community
- Phinney Ridge
- Net Operating Income
- $50,509
- Gross Adjusted Income
- $70,560
- Gross Scheduled Income
- $70,560
- Total Monthly Income
- $5,880
- Insurance Expenses
- $2,500
- Water/Sewer/Garbage Expenses
- $3,000
- Gross Rent Multiplier
- 17.15
- Total Expenses
- $20,051
- Cap Rate
- 4.17
- Total Number of Units
- 2
- Unit Name
- 4707
- Potential Terms
- Cash, Conventional
- Year Built
- 1941
- View
- Mountains, Partial, Sound, Territorial
- Roof
- Composition
- Site Features
- Deck, Fenced-Fully, Gas Available, Patio
- Energy Source
- Natural Gas
- School District
- Seattle
- Total Monthly Income
- $5,880
- Gross Scheduled Income
- $70,560
- Gross Adjusted Income
- $70,560
- Tax Year
- 2026
- Insurance Expense
- $2,500
- W/S/G Expenses
- $3,000
- Total Expenses
- $20,051
- Net Operating Income
- $50,509
- Gross Rent Multiplier
- 17.15
- Cap Rate
- 4.17
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.