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702 41St St Seattle, WA 98103

For Sale
$3,695,000

Two-building multifamily property with 11 units and development potential.

Building Details

Year built
1950

Source: PARAGON REAL ESTATE ADVISORS Agent CATHY JENEY

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Seattle Multifamily Property with Development Potential

This multifamily property, available for the first time in 45 years, is located on N 41st St and Fremont Ave. It comprises two buildings on two tax parcels, featuring 10 two-bedroom units and one large studio. The buildings are situated above the street, which reduces potential traffic noise. The units are spacious, with dining areas off the kitchens, hardwood floors, and large windows that provide natural light. Nine of the eleven units have updated kitchens and bathrooms, and eight kitchens include new gas ranges. A new roof was installed in 2024. The property includes territorial views, mature landscaping with a courtyard area, and 10 parking stalls. The 10,813 SF lot is zoned LR2(M), offering potential for future development.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Realty agency Dental Office Hair Salon Spa & Massage Nail Salon Clothing Store Food Market Grocery Store

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

Location Insight

  • Map
  • Local Demand
City
Seattle
County
King
State
Washington
Longitude
-122.3496579
Latitude
47.6568562

FAQs

What type of property is this?
Apartment building - Two-building multifamily property with 11 units and development potential.
Where is this apartment building located?
The property is located at 702 41St St Seattle, WA.
What is the asking price?
The asking price for this property is $3,695,000.
What are key features of this property?
This property features: - New roof installed in 2024.; - Large 10,813 SF lot zoned LR2(M) offers potential for future development.; - 9 of 11 units have updated kitchens and bathrooms.
More about this property
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