Renovated 6-Unit Apartment
For Sale
$2,075,000
Pending
4212 Phinney Ave N, Seattle, WA 98103
Turn-key investment property in a sought-after Seattle neighborhood.
Property SizeContact for details
Days on Market552
Property Features for 4212 Phinney Ave N
General Information
Standard status
Pending
Property subtype
Commercial
Building Details
Year Built
1927
Listing Agency:
SMI REAL ESTATE
Listed By:
MATT MILLER · License #201254590
Source:
Corcoran
Added: Feb 11, 2025
Changed: Jul 6
Last Checked: Jul 23 at 9:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SMI REAL ESTATE
Investment Insights
Based on property information with market context.
This renovated 6-unit apartment building, constructed in 1927, is located in the Fremont neighborhood. The building features a mix of one studio and five one-bedroom units, averaging 625 square feet. Situated on a 5,000 square foot lot zoned LR1 (M), the property includes three garage parking spaces. The building combines classic charm with modern updates, including quartz and granite countertops, stainless steel appliances, and new cabinetry. Original hardwood floors, arched entryways, and coved ceilings enhance its character. The property has a strong rental history with 11% upside potential through rent increases. Additional revenue opportunities exist with utility bill backs and charging for garage parking. The property has a Walk Score of 88 and is located steps from employers, transit, shops, and parks.
Key Highlights
- Renovated 6‑unit apartment building in the heart of Fremont.
- Strong rental history with 11% upside potential through rent increases.
- Prime location with a Walk Score of 88, steps from employers, transit, shops, and parks.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,381
Businesses Nearby
Explore this area
Business Placement
Demographics for 98103, WA
53,056
Population
27,857
Households
1.9
Avg Household Size
35
Median Age
77%
College-Educated
98%
High-School Grad
4.6 sq mi
ZIP Area
11,534
Density / Sq Mi
$127,372
Median Household Income
$80,508
Median Earnings
$2,006
Median Rent
$1,012,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Turn-key investment property in a sought-after Seattle neighborhood.
Where is this apartment building located?
The property is located at 4212 Phinney Ave N Seattle, WA.
What is the asking price?
The asking price for this property is $2,075,000.
What are key features of this property?
This property features: Renovated 6‑unit apartment building in the heart of Fremont.; Strong rental history with 11% upside potential through rent increases.; Prime location with a Walk Score of 88, steps from employers, transit, shops, and parks.
