$2,250,000

16 Beds 8 Baths 4,800 SQFT 0.08 Acres

Type: Multi-Family

3660 Whitman Avenue N
Seattle, WA 98103

MLS#: 2569921

Presented by: Lotside and NWMLS

Property Description

Exceptional investment opportunity in the highly desirable Fremont/Wallingford neighborhood. This well-maintained 6-unit property features a rare and highly rentable unit mix consisting of four 2-bedroom units and two spacious 4-bedroom, 2-bath penthouse units offering views of Downtown Seattle and Lake Union, supported by consistently strong tenant demand. The property offers five secure, covered parking spaces, a newer roof, double-pane vinyl windows, durable Hardie Plank siding, and convenient on-site laundry. Unit #2 was recently remodeled with new flooring, quartz countertops, updated millwork, and additional interior improvements. Current rents remain below prevailing market levels, creating a clear opportunity for the next investor to increase income over time. Ideally located with convenient access to the University of Washington, South Lake Union, Downtown Seattle, and surrounding employment centers by transit, bike, or car. A well-maintained, income-producing asset in one of Seattle’s most desirable rental markets, offering a 2026 cap rate of approximately 5.0%.

Interior Features

Bedrooms

Bedrooms Upper0

Bathrooms

Baths Full Upper0

Baths Half Upper0

Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NNo

Fireplace Y/NNo

FlooringEngineered Hardwood, Vinyl, Carpet

Heating Y/NYes

Power Production TypeElectric

Total Fireplaces0

Total Stories3

General

AFH3585

AmenitiesCoin Op Laundry, Thermal Windows

Building Area Units0 sqft

Building NameDENNY AND HOYT'S ADDITION

Cap Rate5

Carport Spaces0

Carport Y/NNo

CitySeattle

CoolingNone

CountyKing

DirectionsS on Stone Way fro NE 50th W on N 38th. Building is on the SW corner of 38th and Bridge W. N on Aurora from downtown right onto Bridge Way right onto N 38th. Building is on the right. NO SIGNS

Electric Expense1210.19

Elementary SchoolBf Day

Energy EfficientThermal Windows

Fuel Expense0

Garage Spaces5

HOANo

HOA Fee$0

HeatingBaseboard

High SchoolLincoln High

High School DistrictSeattle

Insurance Expense3714

Leasable Area4,800 sqft

Listing TermsCash, Conventional

Living Area0 sqft

Lot Size Square Feet3,329 sqft

Lot Size UnitsSquare Feet

MLS Area705 - Ballard/Greenlake

Middle/Junior High SchoolHamilton Mid

NWM_ShowMapLinkY

Net Operating Income113649

New ConstructionNo

Number Of Units Total6

PossessionClosing

Property ConditionVery Good

Property Style55 - 5-9 Units

Property SubtypeMulti Family

Property TypeResidential Income

Public RemarksExceptional investment opportunity in the highly desirable Fremont/Wallingford neighborhood. This well-maintained 6-unit property features a rare and highly rentable unit mix consisting of four 2-bed

RoofComposition

Security FeaturesSecurity Gate

Senior Community Y/NNo

SewerSewer Connected

Special Listing ConditionsNone

Standard StatusActive

StatusActive

Structure TypeMulti Family

Subdivision NameFremont

Tax Annual Amount$19,752

Tax Year2026

Units Below Gradefalse

Units In Building Total6

ViewCity, Lake, Territorial

Water CompanySeattle PUD

Water Sewer Garbage8231.78

Year Built1985

Exterior

Building Area Total4,800 sqft

Covered Spaces5

Exterior AmenitiesCement Planked

Foundation DetailsPoured Concrete

Irrigation Water Rights Y/NNo

Lot Dimensions50' x 67'

Lot FeaturesCorner Lot, Curbs, Paved, Sidewalk

Lot Number1

Lot Size Acres0.0764

Parking Uncovered Total0

Site FeaturesDeck, Gated Entry

Total Parking5

Water SourceCommunity

Waterfront Y/NNo

Additional Details

Price History

Schools

Middle School Hamilton Mid

Elementary School Bf Day Elementary School

High School Lincoln High

Similar Properties

$2,250,000

16 Beds 8 Baths 4,800 SQFT 0.08 Acres

Type: Multi-Family

3660 Whitman Avenue N
Seattle, WA 98103

MLS#: 2569921

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Property

$2,250,000

3660 Whitman Avenue NSeattle, WA 98103

Property Description

Interior Features

Bedrooms

Bathrooms

Other Interior Features

General

Exterior

Additional Details

Price History

Schools

Similar Properties

$2,250,000

3660 Whitman Avenue NSeattle, WA 98103

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3660 Whitman Avenue N
Seattle, WA 98103

3660 Whitman Avenue N
Seattle, WA 98103