Active · Residential Income

816 N 38th Street , Seattle, WA 98103

Seattle, WA 98103

$1,900,000

— bedrooms · — bathrooms · 0 sq ft

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Listing provided by Westlake Associates, Inc. · MLS #2541763 · Active

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About this property

Originally constructed in 1990, the four-story building consists of five spacious residential apartments and one highly desirable commercial suite, creating a diversified income stream uncommon among properties of this size. The residential component includes four oversized one-bedroom units and one expansive two-bedroom unit, each featuring thoughtful floorplans designed to maximize functionality and natural light. All apartment homes benefit from southern exposure and offer generous living spaces, large bedrooms, well-appointed kitchens with abundant cabinetry, and private outdoor patios. Additional in-unit amenities include a range, refrigerator, dishwasher, microwave, and air-conditioning. The ground-floor commercial space further enhances the property’s appeal, offering an attractive, flexible environment characterized by beautiful hardwood flooring, a kitchenette, and a private shower. This unique component provides investors with additional income diversification while serving a variety of potential tenant uses. The property has been meticulously maintained throughout ownership and features frame construction with durable vinyl siding and a pitched roof that remains in excellent condition. Additional tenant amenities include a common laundry facility, an inviting rooftop deck with neighborhood views, and an exceptional 1:1 parking ratio, an rare feature in Fremont’s urban core.

Property details

Property type: Multi Family
Year built: 1990
Lot size: 2,400 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $18,027 (2026)
Parking spaces: 9
School district: Seattle

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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