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Listing Firm: John L. Scott, Inc: Vu Nguyen

Bought With: Skyline Properties, Inc. : Edward Seid

SOLD On July 30, 2021
NWMLS # 1789035

$1,500,000

  • Sold Price
  • - Beds
  • - Baths
  • 3805 Sq.ft.

4725 38th Avenue S, Seattle, WA 98118

Listings with the three tree icon are courtesy of NWMLS

About This Property

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!

Buyer's Agent: Edward Seid • Skyline Properties, Inc.

Listed by: Vu Nguyen • John L. Scott, Inc

Aris360 Last Checked: 3 Minutes Ago (Jun 30, 2025 03:12 PM)

  • Source: NWMLS as Distributed by MLS Grid #1789035

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: 38th
  • Zip/Postal Code: 98118
  • City: Seattle

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$3,847 per month
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Property Features

  • County
    • Columbia City
  • Community
    • 380 - Southeast Seattle
  • MLS Area
    • 380 - Southeast Seattle
  • Longitude
    • -122.285266
  • Latitude
    • 47.559938
  • Project
    • Kramer Heights Rep
  • Directions
    • Driving South on Rainier Ave S, take right on , take left on 38th Ave S. Property on your left.

  • Interior
    • Wall to Wall Carpet
    • Laminate Tile
    • Laminate Hardwood
    • Ceramic Tile
    • Laminate
  • Floors
    • Laminate
    • Vinyl
    • Carpet
    • Ceramic Tile
  • Power Production Type
    • Electric
  • Furnished
    • Unfurnished

  • Stories
    • 2
  • Style
    • 54 - 4-Plex
  • Parking Spaces
    • 4
  • Lot Description
    • Paved,
  • Foundation
    • Poured Concrete,
  • Elevation
    • Feet
  • Water Source
    • Public,
  • Exterior
    • Wood
    • Wood Products
  • Site Description
    • Deck,Fenced-Fully
  • Roof
    • Composition,
  • Septic or Sewer
    • Sewer Connected,
  • Condition
    • Good,
  • Water
    • Seattle Public Utilities
  • Building Total Area (Sq. Ft.)
    • 4800
  • Has View
    • Yes
  • Utilities
    • Sewer Connected,
    • Electric,
  • Energy Features
    • Thermal Windows,
  • View Description
    • Territorial,

  • High School District
    • Seattle

  • Possession
    • Closing,
    • Tenant's Rights,
  • Property Type
    • Residential Income
  • Association Fee Frequency
    • Annually
  • Property SubType
    • Multi-Family
  • Tax Year
    • 2020
  • Structure Type
    • Condominium,
  • Tax Amount
    • $8724
  • Year Built
    • 1968
  • Effective Year Built
    • 1992
  • Status
    • Sold
  • Project
    • Kramer Heights Rep

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Disclaimer: Based on information submitted to the MLS GRID as of Mon Jun 30 2025 . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Jun 30, 2025 03:12 PM