4212 Phinney Ave N, Seattle, WA 98103

Building Details

Year Built

1927

Listing office SMI REAL ESTATE m***@smire.com

Listing date Feb 11, 2025

Source Corcoran

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Overview

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.

Suggested Use

Barber Shop Nursing Home Food Market Nursing Home (Bike/Boat/Book/etc) Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Clothing & Fashion Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Seattle

County

King

State

Washington

Longitude

-122.354

Latitude

47.6582

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FAQs

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.