3910 NE 51st ST, Seattle, WA 98105
3910 NE 51st ST, Seattle, WA 98105
3910 NE 51st ST, Seattle, WA 98105
3910 NE 51st ST, Seattle, WA 98105
3910 NE 51st ST, Seattle, WA 98105
3910 NE 51st ST, Seattle, WA 98105
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Jenn Pederson

Jenn Pederson

+1(808) 205-3000
Listed by:TEC Real Estate Inc. • Ann Carson
$ 1,450,000
Est. payment | /mo

9 Beds

4 Baths

2,760 SqFt

Save
$ 1,450,000
Est. payment | /mo
Save

9 Beds

4 Baths

2,760 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,760 sqft

Price per Sqft $525

Subdivision Bryant

MLS Listing ID 2579612

Style 52 - Duplex

Bedrooms 9

Year Built 1944

Annual Tax Amount $11,992

Lot Size 4,800 Sqft

Property Sub-Type Multi Family

Property Description

Rare investment and development opportunity in Seattle's highly desirable Bryant neighborhood. This well-maintained two-story duplex is fully occupied and currently generates approximately $59k in annual net income, providing immediate cash flow while offering compelling future redevelopment potential. Preliminary plans envision five modern townhomes averaging approximately 1,400 square feet each, with the SIP process approximately 90% complete and nearing building permit submission. The existing property offers a generous front yard, ample street parking, and direct access to the Burke-Gilman Trail. Ideally positioned just a mile from the University of Washington and minutes from University Village, light rail, neighborhood amenities, major employment centers, parks, dining and shopping. An exceptional opportunity to hold, develop, or reposition a well-located income-producing property in one of Seattle's most established and sought-after neighborhoods.

Location

State WA

County King

Area 710 - North Seattle

Interior

Fireplace false

Exterior

Exterior Feature Stucco

Amenities Available Deck

View Y/N No

Roof Type Composition

Building

Lot Description Paved, Value In Land

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Buyer To Verify

High Schools Buyer To Verify

School District Seattle

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
Nearby Locations
Jenn Pederson

Experience the power of collaboration with Jenn and her Team of highly successful experienced professionals who focus obsessively on the details of your unique needs, process, transactional excellence, and exceeding expectations. With an exceptional reputation, you can expect to inherit decades of resources, connections, and industry/market knowledge required to confidently and successfully execute all your real estate needs.

+1(808) 205-3000

[email protected]

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3910 NE 51st ST