9226 Fremont Avenue North

Seattle, WA 98103

$2,200,000
Price
13
Beds
13
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

We are pleased to present Abel Court Apartments in Seattle’s Greenwood neighborhood. Constructed in 1989, Abel Court features one 1-bedroom unit and six 2-bedroom/2 bath units averaging 839 square feet. Four of the units have undergone full renovations including the addition of in-unit laundry, opening up an opportunity for an investor to renovate the remaining three units to achieve a +20%increase in rental income. The property features nine garage parking spaces, private balconies, fireplaces,...We are pleased to present Abel Court Apartments in Seattle’s Greenwood neighborhood. Constructed in 1989, Abel Court features one 1-bedroom unit and six 2-bedroom/2 bath units averaging 839 square feet. Four of the units have undergone full renovations including the addition of in-unit laundry, opening up an opportunity for an investor to renovate the remaining three units to achieve a +20%increase in rental income. The property features nine garage parking spaces, private balconies, fireplaces, and common laundry facilities. Abel Court benefits from its location off Fremont Avenue. The property is only half a mile from the core of Greenwood, featuring many locally renowned restaurants and entertainment.
  1. Listed by Taylor Wyman • Northmarq Commercial, LLC

Property Details for 9226 Fremont Avenue North

Community Name
Greenwood
School District
Seattle
Number of Assigned Spaces
9
Total Covered Parking
6
Entry Date
11-08-2024
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 12/03/2024 09:28 AM

Property Details for 9226 Fremont Avenue North

StatusActive
MLS #2309451
Days on Market25
Cumulative Days on Market25
Taxes$17,975 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1989
Lot Size0.14 AC / 6,300 SF
CountyKing County

Building Information for 9226 Fremont Avenue North

Stories3Residences7Year Built1989Building Size-Lot Size0.14 AC / 6,300 SF

Property Information for 9226 Fremont Avenue North

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Area: 705 - Ballard/Greenlake
  • Elementary School: Daniel Bagley
  • Middle Or Junior School: Robert Eagle Staff Middle School
  • High School: Ingraham High
  • Effective Year Built Source: Public Records
  • Directions: From I-5 N, take exit 172 toward N 85th St/Aurora Ave N; Merge onto Banner Way NE; Continue onto N 85th St; Turn Right onto Fremont Ave N; Destination will be on the Right
  • 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: 3.0
  • 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: Vinyl Plank
  • Amenities: See Remarks
  • Cooling: Yes
  • Cooling: Forced Air
  • Fireplace: No
  • Heating: Yes
  • Heating: Forced Air
Exterior Features
  • Exterior: Wood
  • Roof: Composition
Property
Utilities
  • Water/Sewer/Garbage: 17403
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 2005
  • Photos Count: 23
Lot Information
  • Lot Details: Paved
  • Lot Size Source: County
  • Parcel Number Free Text: 3126049313
  • Building Condition: Good
  • Calculated Square Footage: 0
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 0.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 3
  • Number of Stories in Building: 3
  • Vacancy Rate: 3
  • Number Of Units Total: 7
  • Units Below Grade: false
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 60756
  • Gross Adjusted Income: 176957
  • Gross Rent Multiplier: 14.13
  • Gross Scheduled Income: $177,628
  • Insurance Expense: $5,625
  • Net Operating Income: $116,200
  • Other Expenses: $19,753
  • Total Monthly Income: 15136
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 101
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 590
  • Rent Unit 1: $1,601.00
  • Bedrooms Unit 1: 1
  • Fireplaces Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 201
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 833
  • Rent Unit 2: $1,695.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 1
  • Bathrooms Unit 2: 2
Unit 3
  • Name Unit 3: 202
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 863
  • Rent Unit 3: $1,845.00
  • Bedrooms Unit 3: 2
  • Fireplaces Unit 3: 1
  • Bathrooms Unit 3: 2
Unit 4
  • Name Unit 4: 203
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 820
  • Rent Unit 4: $2,095.00
  • Bedrooms Unit 4: 2
  • Fireplaces Unit 4: 1
  • Bathrooms Unit 4: 2
Unit 5
  • Name Unit 5: 301
  • Washer/Dryer Unit 5: false
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: true
  • Square Feet Unit 5: 833
  • Rent Unit 5: $1,695.00
  • Bedrooms Unit 5: 2
  • Fireplaces Unit 5: 1
  • Bathrooms Unit 5: 2
Unit 6
  • Name Unit 6: 302
  • Washer/Dryer Unit 6: true
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: true
  • Square Feet Unit 6: 863
  • Rent Unit 6: $1,850.00
  • Bedrooms Unit 6: 2
  • Fireplaces Unit 6: 1
  • Bathrooms Unit 6: 2
Unit 7
  • Name Unit 7: 303
  • Washer/Dryer Unit 7: false
  • Range/Oven Unit 7: true
  • Refrigerator Unit 7: true
  • Dishwasher Unit 7: true
  • Square Feet Unit 7: 820
  • Rent Unit 7: $2,195.00
  • Bedrooms Unit 7: 2
  • Fireplaces Unit 7: 1
  • Bathrooms Unit 7: 2
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 5475.0
  • Leasable Area Units: Square Feet

Property History for 9226 Fremont 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 9226 Fremont Avenue North

Taxable ValueLand$1,008,000Additions$991,000Total$1,999,000
Tax Record2022$17,001 ($1,417 / month)
Home Facts
Total Finished SqFt5,614 SqFtAbove Ground SqFt5,614 SqFtStories3Lot Size6,300 SqFtStyleMulti-Family Dwelling (2-4)Year Built1989Year Renovated2005ZoningLR2 (M)CountyKINGAPN312604-9313Fireplace TypeHas Fireplace

Schools near 9226 Fremont Avenue North

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 - 6 to 12
Rating
School
Distance
Daniel Bagley Elementary School
PublicK to 5

Robert Eagle Staff Middle School
Public6 to 8

Ingraham High School
Public9 to 12

Education Service Centers
Public6 to 12

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

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9226 Fremont Avenue North is a multi-family home for sale in Seattle, WA 98103. This property was listed for sale on November 8, 2024 by Northmarq Commercial, LLC, it's currently listed at $2,200,000. It has been on the market for a total of 25 days and was last sold on July 11, 2020. This listing's school district is Seattle Public Schools. Nearby schools include Daniel Bagley Elementary School, Robert Eagle Staff Middle School and Ingraham High School. 9226 Fremont Avenue North is a 13-bed, 13-bath, multi-family home built in 1989.

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 Northmarq Commercial, LLC

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.