3617 Francis Avenue N, Seattle, WA 98103

Local realty services provided by:Better Homes and Gardens Real Estate Northwest Home Team
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Listed by:chad michael martini
Office:westlake associates, inc.
MLS#:2413396
Source:NWMLS
3617 Francis Avenue N,Seattle, WA 98103
$1,775,000
  • - Beds
  • - Baths
  • 4,772 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$1,775,000
  • Price per sq. ft.:$371.96

About this home

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%

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Home facts

  • Year built:1982
  • Listing Id #:2413396
  • Updated:August 08, 2025 at 12:24 AM

Rooms and interior

  • Living area:4,772 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Flat Roof
  • Year built:1982
  • Building area:4,772 sq. ft.
  • Lot area:0.11 Acres

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,775,000
  • Price per sq. ft.:$371.96
  • Tax amount:$12,683 (2025)
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