719 721 N 38th Street, Seattle, WA 98103

$1,220,000
1,510
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Listing courtesy of Real Residential.

List Price
$1,220,000
Status
ACTIVE
MLS#
2580646
Days on Market
0
Style
52 - Duplex
Finished SqFt
1,510
Area Total SqFt
1510
Annual Tax Ammount
8249
Lot Size (sq ft)
3,360
Sewer
Sewer Connected

Property Description

Rare opportunity to own a stylish Mid-Century true duplex in the heart of Fremont. Each thoughtfully designed one-bedroom unit features an ensuite bathroom, in-unit washer/dryer, private fully fenced patio, and covered carport parking. Recent upgrades include new windows and A/C, blending modern comfort with the property’s distinctive Mid-Century character, which was formerly featured in Sunset Magazine. Ideal for the savvy investor, owner-occupant, or those seeking flexible multi-generational living. Live in one unit and rent the other, or lease both for a strong income-producing opportunity. Zoned LR3, this versatile property offers valuable flexibility in one of Seattle’s most sought-after neighborhoods. Enjoy Fremont’s vibrant mix of restaurants, coffee shops, breweries, boutiques, and local favorites, with the Fremont Sunday Market and Burke-Gilman Trail nearby. A unique combination of investment potential, privacy, and prime location.

Additional Information

List Date
2026-09-10 21:04:12
Community
Fremont
Net Operating Income
$65,829
Gross Adjusted Income
$86,000
Gross Scheduled Income
$86,000
Total Monthly Income
$5,209
Insurance Expenses
$2,940
Water/Sewer/Garbage Expenses
$3,468
Gross Rent Multiplier
14.19
Total Expenses
$20,171
Cap Rate
5.4
Vacancy Rate
50
Total Number of Units
2
Unit Name
719 721
Potential Terms
Cash, Conventional
Year Built
1957
View
Territorial
Roof
Flat
Site Features
Deck, Fenced-Fully, High Speed Internet, Patio
Electric Expenses
1698
Other Expenses
2400
Energy Source
Natural Gas
School District
Seattle
Total Monthly Income
$5,209
Gross Scheduled Income
$86,000
Vacancy Rate
50
Gross Adjusted Income
$86,000
Tax Year
2026
Insurance Expense
$2,940
W/S/G Expenses
$3,468
Total Expenses
$20,171
Net Operating Income
$65,829
Gross Rent Multiplier
14.19
Cap Rate
5.4
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.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks