3036 4th Avenue West
Seattle, WA 98119
$2,000,000
Price
10
Beds
8
Baths
4,750 Sq. Ft.
$421 / Sq. Ft.
4,750
Sq. Ft.
$421
per Sq. Ft.
New
New
Listing provided courtesy of John L. Scott, Inc
Description
Prime value-add opportunity in Queen Anne! This well-maintained 6-unit multifamily property features a Fourplex and a Duplex with a total of 4,750 NRSF. The versatile unit mix of 1- and 2-bedroom apartments averages 792 SF each. Features include 6 garages, a common laundry area, and an unbeatable location. Adjacent to Seattle Pacific University and near downtown Seattle, South Lake Union, and major tech hubs, the property offers easy access to parks, dining, and shopping. With Queen Anne's charm,...Prime value-add opportunity in Queen Anne! This well-maintained 6-unit multifamily property features a Fourplex and a Duplex with a total of 4,750 NRSF. The versatile unit mix of 1- and 2-bedroom apartments averages 792 SF each. Features include 6 garages, a common laundry area, and an unbeatable location. Adjacent to Seattle Pacific University and near downtown Seattle, South Lake Union, and major tech hubs, the property offers easy access to parks, dining, and shopping. With Queen Anne's charm, vibrant community, and strong rental demand, this is a prime investment for steady growth in one of Seattle's most coveted neighborhoods.
- Listed by Jonathan D. Bye • John L. Scott, Inc
Property Details for 3036 4th Avenue West
Community Name
Queen Anne
School DistrictSeattle
Number of Assigned Spaces12
Total Covered Parking6
Entry Date11-22-2024
Energy SourceElectric
SewerSewer Connected
LISTING UPDATED: 11/22/2024 01:49 PM
Property Details for 3036 4th Avenue West
| Status | Active |
|---|---|
| MLS # | 2312134 |
| Days on Market | 1 |
| Cumulative Days on Market | 1 |
| Taxes | $17,816 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1990 |
| Lot Size | 0.17 AC / 7,620 SF |
| County | King County |
Building Information for 3036 4th Avenue West
Stories2Residences6Year Built1990Building Size-Lot Size0.17 AC / 7,620 SF
Property Information for 3036 4th Avenue West
Summary
Location and General Information
- Style: 55 - 5-9 Units
- Site Features: Cable TV, High Speed Internet
- Area: 700 - Queen Anne/Magnolia
- Elementary School: Buyer To Verify
- Middle Or Junior School: Buyer To Verify
- High School: Buyer To Verify
- Effective Year Built Source: Public Records
- Directions: From 99 North, take Queen Anne Dr to Warren Ave N, Continue onto Warren Ave N. Take Florentia St to 3rd Ave W. Take sharp right to stay on 3rd Ave W. Continue on W Dravus Street. Drive to 4th Ave W.
- Leased Items: None
- Property Sub Type: MULT
- View: No
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2024
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 6.0
- Open Parking: Yes
Interior and Exterior Features
Bathroom Information
- Full Baths Upper: 0
- Three Quarter Baths Upper: 0
- Half Baths Upper: 0
- Main Level Bathrooms: 0
Bedroom Information
- Bedrooms Upper: 0
- Bedrooms Possible: 0
Interior Features
- Fireplaces Total: 0
- Floor Covering: Ceramic Tile, Hardwood, Laminate, Carpet
- Features: Ceramic Tile, Hardwood, Laminate, Laminate Tile, Wall to Wall Carpet
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Baseboard
- FIRPTA: No
Exterior Features
- Exterior: Wood
- Roof: Composition
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 8150
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- MLS Square Footage Source: Appraisal
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 1997
- Photos Count: 30
Lot Information
- Lot Details: Curbs, Sidewalk
- Lot Size Source: Title
- Parcel Number Free Text: 8900000130
- Calculated Square Footage: 4750
- Structure Type: Multi Family
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 4750.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 6
- Number of Stories in Building: 2
- Vacancy Rate: 5
- Number Of Units Total: 6
- Units Below Grade: false
- Units In Building Total: 6
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 41496
- Gross Adjusted Income: 105849
- Gross Rent Multiplier: 17.44
- Gross Scheduled Income: $114,669
- Insurance Expense: $8,750
- Net Operating Income: $73,173
- Other Expenses: $6,780
- Total Monthly Income: 9285
- Fuel Expense: $0
Unit 1
- Name Unit 1: 1
- Washer/Dryer Unit 1: false
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: true
- Square Feet Unit 1: 550
- Rent Unit 1: $1,385.00
- Bedrooms Unit 1: 1
- Fireplaces Unit 1: 1
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: 2
- Washer/Dryer Unit 2: false
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Square Feet Unit 2: 550
- Rent Unit 2: $1,350.00
- Bedrooms Unit 2: 1
- Fireplaces Unit 2: 0
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: 3
- Washer/Dryer Unit 3: false
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Dishwasher Unit 3: true
- Square Feet Unit 3: 900
- Rent Unit 3: $1,950.00
- Bedrooms Unit 3: 2
- Fireplaces Unit 3: 0
- Bathrooms Unit 3: 2
Unit 4
- Name Unit 4: 4
- Washer/Dryer Unit 4: false
- Range/Oven Unit 4: true
- Refrigerator Unit 4: true
- Dishwasher Unit 4: true
- Square Feet Unit 4: 950
- Rent Unit 4: $2,050.00
- Bedrooms Unit 4: 2
- Fireplaces Unit 4: 0
- Bathrooms Unit 4: 2
Unit 5
- Name Unit 5: 5
- Washer/Dryer Unit 5: false
- Range/Oven Unit 5: true
- Refrigerator Unit 5: true
- Dishwasher Unit 5: false
- Square Feet Unit 5: 750
- Rent Unit 5: $900.00
- Bedrooms Unit 5: 2
- Fireplaces Unit 5: 0
- Bathrooms Unit 5: 1
Unit 6
- Name Unit 6: 6
- Washer/Dryer Unit 6: false
- Range/Oven Unit 6: true
- Refrigerator Unit 6: true
- Dishwasher Unit 6: false
- Square Feet Unit 6: 1100
- Rent Unit 6: $1,650.00
- Bedrooms Unit 6: 2
- Fireplaces Unit 6: 0
- Bathrooms Unit 6: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 4750.0
- Leasable Area Units: Square Feet
Property History for 3036 4th Avenue West
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 3036 4th Avenue West
Taxable ValueLand$1,066,800Additions$861,200Total$1,928,000
Tax Record2022$16,582 ($1,382 / month)
Home Facts
Total Finished SqFt4,050 SqFtAbove Ground SqFt4,050 SqFtStories2Lot Size7,620 SqFtStyleMulti-Family Dwelling (2-4)Year Built1962Year Renovated1997ZoningMIO-37-LR1CountyKINGAPN890000-0130Fireplace TypeHas Fireplace
Schools near 3036 4th Avenue West
This home is within Seattle Public Schools.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 8 |
Rating | School | Distance |
|---|---|---|
Coe Elementary School PublicK to 5 | ||
Mcclure Middle School Public6 to 8 | ||
Lincoln High School Public9 to 12 | ||
Cascade Parent Partnership Program PublicK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.
Homes for Sale near North Queen Anne
Neighborhoods
Cities
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of John L. Scott, Inc
Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.
