3617 Francis Avenue N Seattle, WA 98103
3617 Francis Avenue N
Seattle, WA 98103
$1,775,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
SHOWING TIME: WED 8/13 (11am - 1pm). Please confirm. Fremont 4 presents a compelling investment opportunity in Seattle’s vibrant Fremont neighborhood: a well-maintained 4-unit multifamily property. Built in 1982, this fourplex features four 2-bedroom/1-bath units averaging 882 sq ft each, with hardwood floors, washer/dryers in unit, and ample parking/storage. Situated on a 4,992 sq ft LR3-zoned lot, it offers immediate rental income with upside potential through rent increases and cosmetic updates, plus redevelopment possibilities for higher density. In a market with 2-3% annual rent growth and strong demand from tech professionals, this asset promises solid returns for value-add investors or owner-occupants. Current CAP: 6.25%
Property Features
Community: Fremont
4-Plex
Fenced-Fully
Patio
Exterior: Wood Products
Roof: Flat
Year Built: 1982
2025 Taxes: $12683.00
Buyer Broker Compensation: 2.25%
Listing #: 2413396
Lot Details
Lot Size: 0.11 acres
Curbs
Paved
Sidewalk
No. of Units: 4
Interior
Cooling: None
Heating: Baseboard
Electric
Call or Email:
Grace Wamwere
What's Near 3617 Francis Avenue N Seattle, WA 98103?
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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Courtesy of Westlake Associates, Inc.
