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About the Listing 10216 - 90788,25882
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%.
Listing Highlights
Status
Active
Days on Site
4
Property Type
Multi-Family
MLS ®
2569921
Year Built
1985
Total Square Footage
4,769
Lot/Acreage
0.08
County
King
Building Name
DENNY AND HOYT'S ADDITION
Neighborhood
Fremont
School District
Seattle
Elementary School
Bf Day
Middle School
Hamilton Middle
High School
Lincoln High
Interior Details
- Bedrooms: 16
- Bathrooms: 8 Full
- Appliances:
- Air Cond:
- Heating: Baseboard
- Fireplaces: 0
- Floor: Engineered Hardwood,Vinyl,Carpet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Seattle PUD
Exterior Details
- Lot Description: Corner Lot,Curbs,Paved,Sidewalk,Deck,Gated Entry
- Garage Capacity: 5 car
- Parking Spaces: 5
- Lot Dimensions: 50' x 67'
- Roof: Composition
- Others: Cement Planked,Very Good
- Sewer: Seattle PUD
Financial Details
- Tax Amount: $19,752
- Taxes w/Assessments: N/A
- Tax/Property ID: 1972202006
- Tax Year: 2026
Payment Calculator
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Questions About..
3660 Whitman Ave N Seattle, WA 98103
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