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Listing Firm: Westlake Associates, Inc.: Chad Michael Martini

Active
NWMLS # 2413396
  • - Beds
  • - Baths
  • 4772 Sq.ft.

3617 Francis Avenue N, Seattle, WA 98103

Listings with the three tree icon are courtesy of NWMLS

About This Property

SHOWING TIME: WED 8/13 (11am - 1pm). Please confirm. Fremont 4 presents a compelling investment opportunity in Seattle’s vibrant Fremont neighborhood: a well-maintained 4-unit multifamily property. Built in 1982, this fourplex features four 2-bedroom/1-bath units averaging 882 sq ft each, with hardwood floors, washer/dryers in unit, and ample parking/storage. Situated on a 4,992 sq ft LR3-zoned lot, it offers immediate rental income with upside potential through rent increases and cosmetic updates, plus redevelopment possibilities for higher density. In a market with 2-3% annual rent growth and strong demand from tech professionals, this asset promises solid returns for value-add investors or owner-occupants. Current CAP: 6.25%

Aris360 Last Checked: 1 Minute Ago (Aug 04, 2025 01:18 AM)

  • Source: NWMLS as Distributed by MLS Grid #2413396

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: Francis
  • Zip/Postal Code: 98103
  • City: Seattle

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$3,847 per month
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Property Features

  • County
    • Fremont
  • Community
    • 705 - Ballard/Greenlake
  • MLS Area
    • 705 - Ballard/Greenlake
  • Longitude
    • -122.353732
  • Latitude
    • 47.65262
  • Directions
    • On HWY 99 N from downtown Seattle, cross over Aurora Bridge. Exit on Bridge Way N, turn left on N 38th St. Left on Fremont Ave N. Right on N 36th St. Right on Francis Ave N. Site on left.

  • Floors
    • Ceramic Tile
    • Vinyl Plank
  • Power Production Type
    • Electric

  • Stories
    • 2
  • Style
    • 54 - 4-Plex
  • Parking Spaces
    • 4
  • Lot Description
    • Curbs,
    • Paved,
    • Sidewalk,
  • Elevation
    • Feet
  • Exterior
    • Wood Products
  • Site Description
    • Fenced-Fully,Patio
  • Roof
    • Flat,
  • Septic or Sewer
    • Sewer Connected,
  • Building Total Area (Sq. Ft.)
    • 4992

  • High School District
    • Seattle

  • Possession
    • Closing,
  • Property Type
    • Residential Income
  • Property SubType
    • Multi Family
  • Tax Year
    • 2025
  • Structure Type
    • Condominium,
  • Tax Amount
    • $12683
  • Year Built
    • 1982
  • Status
    • Active

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Disclaimer: Based on information submitted to the MLS GRID as of Mon Aug 04 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.

Aug 04, 2025 01:18 AM