PROPERTIES FOR SALE

5221 38th Avenue SW Seattle, WA 98126

NWMLS Courtesy of Windermere Real Estate Co.
5221 38th Avenue SW
Seattle, WA 98126
$1,375,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Pending Inspection
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Excellent investment opportunity located on a quiet, dead-end street near Alaska & Morgan Junction amenities, Fairmount Park, & w/easy access to the West Seattle bridge. This well-maintained 4-plex includes 2 bed, 1 bath end-units approx 820 SF, all w/good natural light, functional layouts, a small deck or yard, & in-unit W/D. Enjoy solid income w/the ability to improve operations, renovate on turnover, or potential to owner-occupy. Find an attached 2-car garage & sizable storage areas + an additional 6-8~ tandem parking off the alley. The 6,545 SF street-to-alley LR2(M) lot provides future development potential. Recent improvements include exterior paint & reglazing 36 windows. This is a flexible asset w/ multiple investment strategies.

Property Features

Community: Fairmount
4-Plex
Exterior: Wood
Roof: Composition
Year Built: 1954
2025 Taxes: $11884.00
Buyer Broker Compensation: 2.5%
Listing #: 2344856

Lot Details

Lot Size: 0.15 acres
Alley
Curbs
Dead End Street
Paved
Sidewalk
Value In Land
No. of Units: 4

Interior

Cooling: None
Heating: Baseboard
Electric

Common Features

Storage

Schools

District: Seattle
Call or Email:
Grace Wamwere

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Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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