Family-owned since the 80's, your rare opportunity to own this fabulous 4plex in ultra desirable Columbia City! Comprised of two 2-bedroom/1-bath units and two 3-bedroom/1.5 bath units, for a massive total 3805 sq ft of rentable living space!! With a prime location and very spacious units, this solid 4-plex generates huge rents, and is offered at an attractive value of 5.3% Cap Rate. New exterior paint, newer roof in 2017, & various newer updates in the units, you'll appreciate this well-maintained property. Include 4 off-street parking spots. Located just a block from a lively collections of restaurants, shops & services on Rainier Ave S. Light Rail Station is just blocks away. Zoned NC2-55 for possible future expansion. Walk Score of 93!
Off market
$1,431,700
4725 38th Ave S, Seattle, WA 98118
--beds
0baths
3,805sqft
MultiFamily
Built in 1968
-- sqft lot
$1,431,700 Zestimate®
$376/sqft
$2,226 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Wall, Electric
Cooling
- Wall
Appliances
- Included: Dishwasher, Refrigerator
Features
- Flooring: Tile, Carpet, Laminate, Linoleum / Vinyl
Interior area
- Total interior livable area: 3,805 sqft
Property
Features
- Exterior features: Wood, Wood products
- Has view: Yes
- View description: Territorial
Lot
- Size: 4,791 sqft
Details
- Parcel number: 3929900050
Construction
Type & style
- Home type: MultiFamily
Materials
- Frame
- Roof: Composition
Condition
- Year built: 1968
Utilities & green energy
- Sewer: Sewer Connected
- Water: Public
Community & neighborhood
Location
- Region: Seattle
Other
Other facts
- Dishwasher1: Y
- Dishwasher2: Y
- Refrigerator1: Y
- Refrigerator2: Y
- Property type: MULT
- Range/oven1: Y
- Range/oven2: Y
- Dishwasher3: Y
- Dishwasher4: Y
- Refrigerator3: Y
- Refrigerator4: Y
- Range/oven3: Y
- Range/oven4: Y
- Exterior: Wood Products, Wood
- Foundation: Poured Concrete
- Sewer: Sewer Connected
- Form 17: Provided
- Possesion: Sub. Tenant's Rights, Closing
- Water source: Public
- Roof: Composition
- Building condition: Good
- Energy source: Electric
- Lot details: Paved Street
- General zoning: Multi-Family
- View: Territorial
- Heating and cooling: Wall
- Style: 54 - 4-Plex
- Potential terms: Conventional, Cash Out
- Floor covering: Wall to Wall Carpet, Vinyl, Laminate Hardwood, Laminate Tile
- Site features: Fenced-Partially, Deck
- Bathrooms1: 1.00
- Bathrooms5: 0.00
- Bathrooms6: 0.00
- Bathrooms3: 1.00
- Bathrooms2: 1.50
- Bathrooms4: 1.50
- Offers: Reviewed on receipt
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$1,431,700
2% more+ $28,634
With Zillow Showcase(estimated)
$1,460,334