4411 Corliss Avenue North

Seattle, WA 98103

$1,899,000
Price
8
Beds
8
Baths
4,190 Sq. Ft.
$453 / Sq. Ft.
4,190
Sq. Ft.
$453
per Sq. Ft.
Listing provided courtesy of RE/MAX Northwest

Description

A fantastic opportunity to acquire this well-maintained, Mid Century 8-unit apartment bldg in the heart of Wallingford. With below-market rents, this property offers significant upside potential for investors looking to add value. Building offers updated, easy-to-rent 1 bedroom units~100% occupied! Each unit has a private entrance along the south-side veranda, overlooking mature landscaping. Additional features: newer dble pane windows, hardwd flrs, updated baths, onsite W/D, 4.8% cap rate; LR2-M...A fantastic opportunity to acquire this well-maintained, Mid Century 8-unit apartment bldg in the heart of Wallingford. With below-market rents, this property offers significant upside potential for investors looking to add value. Building offers updated, easy-to-rent 1 bedroom units~100% occupied! Each unit has a private entrance along the south-side veranda, overlooking mature landscaping. Additional features: newer dble pane windows, hardwd flrs, updated baths, onsite W/D, 4.8% cap rate; LR2-M zoning. Roof & sewer line replaced in 2014, Storage for each unit plus owners storage room. Self-managed w/careful attention to maintenance & tenant satisfaction. 94 Walk Score: schools, cafes, parks & of course UW. Solid asset w/growth potential!
  1. Listed by Brian E. Lavery • RE/MAX Northwest

Property Details for 4411 Corliss Avenue North

Community Name
Wallingford
School District
Seattle
View
Territorial
Number of Assigned Spaces
2
Total Covered Parking
0
Entry Date
09-27-2024
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 10/29/2024 11:58 AM

Property Details for 4411 Corliss Avenue North

StatusActive
MLS #2295711
Days on Market34
Cumulative Days on Market34
Taxes$18,361 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1958
Lot Size0.13 AC / 5,700 SF
CountyKing County

Building Information for 4411 Corliss Avenue North

Stories2Residences8Year Built1958Building Size-Lot Size0.13 AC / 5,700 SF

Property Information for 4411 Corliss Avenue North

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Site Features: Deck
  • Area: 705 - Ballard/Greenlake
  • Block: 14
  • Effective Year Built Source: Public Records
  • Directions: GPS is accurate, just South of 45th on Corliss, West side of street. Do not disturb tenants.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 2.0
  • 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: Hardwood, Laminate, Carpet
  • Features: Hardwood, Laminate, Wall to Wall Carpet
  • Amenities: Coin Op Laundry,See Remarks,Storage
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Brick, Metal/Vinyl, Wood
  • Roof: Flat
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 8550
  • Power Company: Seattle City Light
  • Sewer Company: City of Seattle
  • Water Company: City of Seattle
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • MLS Square Footage Source: Realist
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1958
  • Photos Count: 40
Lot Information
  • Lot Details: Curbs, Dead End Street, Paved, Sidewalk
  • Lot Number: 9 and 10
  • Lot Size Source: Realist
  • Parcel Number Free Text: 0510002215
  • Building Condition: Very Good
  • Calculated Square Footage: 4190
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 4190.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 2
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 8
  • Units Below Grade: false
  • Units In Building Total: 8
Financing / Income and Expenses
  • Electric Expense: $500
  • Total Expenses: 34418
  • Gross Adjusted Income: 130157
  • Gross Rent Multiplier: 14.19
  • Gross Scheduled Income: $133,800
  • Insurance Expense: $4,800
  • Net Operating Income: $95,739
  • Other Expenses: $2,207
  • Total Monthly Income: 11150
  • 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: false
  • Square Feet Unit 1: 500
  • Rent Unit 1: $1,475.00
  • Bedrooms 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: false
  • Square Feet Unit 2: 480
  • Rent Unit 2: $1,475.00
  • Bedrooms Unit 2: 1
  • 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: false
  • Square Feet Unit 3: 480
  • Rent Unit 3: $1,425.00
  • Bedrooms Unit 3: 1
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 4
  • Washer/Dryer Unit 4: false
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: false
  • Square Feet Unit 4: 480
  • Rent Unit 4: $1,455.00
  • Bedrooms Unit 4: 1
  • Bathrooms Unit 4: 1
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: 500
  • Rent Unit 5: $1,425.00
  • Bedrooms Unit 5: 1
  • 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: 480
  • Rent Unit 6: $1,295.00
  • Bedrooms Unit 6: 1
  • Bathrooms Unit 6: 1
Unit 7
  • Name Unit 7: 7
  • Washer/Dryer Unit 7: false
  • Range/Oven Unit 7: true
  • Refrigerator Unit 7: true
  • Dishwasher Unit 7: false
  • Square Feet Unit 7: 480
  • Rent Unit 7: $1,425.00
  • Bedrooms Unit 7: 1
  • Bathrooms Unit 7: 1
Unit 8
  • Name Unit 8: 8
  • Washer/Dryer Unit 8: false
  • Range/Oven Unit 8: true
  • Refrigerator Unit 8: true
  • Dishwasher Unit 8: false
  • Square Feet Unit 8: 480
  • Rent Unit 8: $1,175.00
  • Bedrooms Unit 8: 1
  • Bathrooms Unit 8: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 4190.0
  • Leasable Area Units: Square Feet

Property History for 4411 Corliss Avenue North

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4411 Corliss Avenue North

Taxable ValueLand$1,254,000Additions$747,000Total$2,001,000
Tax Record2022$17,338 ($1,445 / month)
Home Facts
Total Finished SqFt4,192 SqFtAbove Ground SqFt4,192 SqFtStories2Lot Size5,700 SqFtStyleMulti-Family Dwelling (2-4)Year Built1958Year Renovated1988ZoningLR2 (M)CountyKINGAPN051000-2215

Schools near 4411 Corliss Avenue North

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
B F Day Elementary School
Public - PK to 5
Hamilton International Middle School
Public - 6 to 8
Lincoln High School
Public - 9 to 12
John Stanford International Elementary School
Public - K to 5
Rating
School
Distance
B F Day Elementary School
PublicPK to 5

Hamilton International Middle School
Public6 to 8

Lincoln High School
Public9 to 12

John Stanford International Elementary School
PublicK to 5

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.

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More information about 4411 Corliss Avenue North, Seattle, WA 98103

4411 Corliss Avenue North is a multi-family home for sale in Seattle, WA 98103. This property was listed for sale on September 27, 2024 by RE/MAX Northwest, it's currently listed at $1,899,000. It has been on the market for a total of 34 days and was last sold on September 19, 2013. This listing's school district is Seattle Public Schools. Nearby schools include B F Day Elementary School, Hamilton International Middle School and Lincoln High School. 4411 Corliss Avenue North is a 8-bed, 8-bath, 4,190 sqft multi-family home built in 1958.

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 RE/MAX Northwest

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.