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Duplex With Seattle Skyline Views
New
For Sale
$1,199,000

1612 38TH, Seattle, WA 98103

Each residence has its own utility meter and tankless water heater.

Property Size1,850 SF
Price / SF$648.11
Days on Market4

Property Features for 1612 38TH

General Information

Standard status Active
Size 1,850 SF
Property subtype Multi-family

Site & Location

Highway Access Yes
Utilities to Site Yes

Additional Details

Multifamily Units 2

Amenities

off-street parking
basement storage
stone patio
private fenced backyard
balcony
wrap-around porch

Building Details

Year Built 1902
Listing Agency: Skyline Properties,Inc.
Listed By: Amir Rashidi
Source: Skylineproperties
Added: Oct 8 Changed: Oct 10 Last Checked: Oct 10 at 2:33AM

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 Skyline Properties,Inc.

Investment Insights

Based on property information with market context.

Built in 1902, this legal duplex contains 1,850 square feet across two residences. Both units have Seattle skyline views and separate meters, plus individual tankless water heaters. The upper residence opens through double French doors to a balcony; the lower level has a wraparound porch. The property also includes a new roof, basement storage, off-street parking, a stone patio, and a fenced backyard.

The duplex is near I-5, the University of Washington, Gas Works Park, and John Stanford International School. It has previously been used as an Airbnb.

Key Highlights

  • Legal duplex with 1,850 square feet, built in 1902
  • Separate utility meters and tankless water heaters for both units
  • Seattle skyline views from both residences

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Food Market Barber Shop HVAC Service Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,784
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Each residence has its own utility meter and tankless water heater.
Where is this duplex located?
The property is located at 1612 38TH Seattle, WA.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Legal duplex with 1,850 square feet, built in 1902; Separate utility meters and tankless water heaters for both units; Seattle skyline views from both residences
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