Active · Residential Income

3660 Whitman Avenue N, Seattle, WA 98103-8768

Seattle, WA 98103

$2,250,000

— bedrooms · — bathrooms · 0 sq ft

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Listing provided by Lotside · MLS #2569921 · Active

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About this property

Exceptional investment opportunity in the highly desirable Fremont/Wallingford neighborhood. This well-maintained 6-unit property features a rare and highly rentable unit mix consisting of four 2-bedroom units and two spacious 4-bedroom, 2-bath penthouse units offering views of Downtown Seattle and Lake Union, supported by consistently strong tenant demand. The property offers five secure, covered parking spaces, a newer roof, double-pane vinyl windows, durable Hardie Plank siding, and convenient on-site laundry. Unit #2 was recently remodeled with new flooring, quartz countertops, updated millwork, and additional interior improvements. Current rents remain below prevailing market levels, creating a clear opportunity for the next investor to increase income over time. Ideally located with convenient access to the University of Washington, South Lake Union, Downtown Seattle, and surrounding employment centers by transit, bike, or car. A well-maintained, income-producing asset in one of Seattle’s most desirable rental markets, offering a 2026 cap rate of approximately 5.0%.

Property details

Property type: Multi Family
Year built: 1985
Lot size: 3,329 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $19,752 (2026)
Parking spaces: 5
School district: Seattle

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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