5211 Phinney Avenue N, Seattle, WA 98103
- $1,750,000
- 4,750
- SqFt
Listing Broker: Coldwell Banker Danforth; Samie Bryan; 206-971-8800; sam@sambryan.com
- List Price
- $1,750,000
- Status
- ACTIVE
- MLS#
- 2597841
- Style
- 54 - 4-Plex
- Building Condition
- Good
- Finished SqFt
- 4,750
- Area Total SqFt
- 4750
- Annual Tax Ammount
- 18162
- Internet Provider
- Xfinity
- Lot Size (sq ft)
- 5,100
- Sewer
- Sewer Connected
- Offer Review Date
- 2026-11-02
Property Description
Rare Phinney Ridge fourplex originally built in 1920 as a grand brick Craftsman residence overlooking Woodland Park. Rich in character, curb appeal, and pride of ownership, this unique property offers an exceptional opportunity for investors or owner-occupants seeking supplemental rental income. The remodeled 3 bed 2 bath 2,510 SF main-floor residence features high ceilings, generous living spaces, a den with fireplace, formal living room, sunroom, private washer/dryer, 200+ SF of dedicated storage, and three tandem off-street parking spaces. Upper-level 1-bedroom units enjoy Sound and mountain views from bedrooms and a shared view deck. Basement apartment updated in 2024 with new flooring, carpet, paint, countertops, and appliances. Residents also enjoy a low-maintenance shared backyard and patio, ideal for relaxing or entertaining. Situated in one of Seattle's most sought-after neighborhoods, just minutes to Downtown, Fremont, Ballard, Green Lake, Woodland Park Zoo, restaurants, cafes, groceries, parks, and transit. A rare blend of historic elegance, strong rental appeal, flexible living options, and an unbeatable location.
/u.realgeeks.media/soundmultifamily/operating-information.jpg)
Additional Information
- Community
- Phinney Ridge
- Gross Adjusted Income
- $131,760
- Gross Scheduled Income
- $131,760
- Total Monthly Income
- $10,980
- Insurance Expenses
- $2,413
- Water/Sewer/Garbage Expenses
- $4,694
- Gross Rent Multiplier
- 13
- Total Expenses
- $29,957
- Cap Rate
- 5.82
- Total Number of Units
- 4
- Unit Name
- 5211
- Potential Terms
- Cash, Conventional
- Year Built
- 1920
- View
- Mountains, Sound
- Roof
- Composition
- Site Features
- Cable TV, Deck, Fenced-Partially, High Speed Internet, Patio
- Other Expenses
- 4688
- Energy Source
- Electric, Natural Gas
- School District
- Seattle
- Elementary School
- West Woodland
- Middle School
- Hamilton Mid
- High School
- Ballard High
- Total Monthly Income
- $10,980
- Gross Scheduled Income
- $131,760
- Gross Adjusted Income
- $131,760
- Tax Year
- 2026
- Insurance Expense
- $2,413
- W/S/G Expenses
- $4,694
- Total Expenses
- $29,957
- Gross Rent Multiplier
- 13
- Cap Rate
- 5.82
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.