Exceptional investment opportunity in the highly desirable Fremont/Wallingford neighborhood. Well-maintained 6-unit building featuring a rare mix of four 2BD units and two spacious 4BD, 2 bath units—consistently easy to rent with strong tenant demand. Five secure, covered parking spaces. Durable Hardie Plank siding and on-site laundry. Current ownership has kept rents below market, offering immediate income upside for the next investor. Outstanding location with quick access to UW, South Lake Union, and downtown via bus, bike, or car. Unit #2 recently remodeled, all new flooring, quartz, millwork. Well maintained asset. 2024 CAP RATE 4.43%. 2025 Projected CAP RATE 4.76%.
Listing Provided Courtesy of Nicholas Riddell, Lotside
General Information
NWM2456824
Multi Family
105
DOM
3327.98 SqFt
4800
1985
King
Bf Day
Hamilton Mid
Lincoln High
Residential Incom
Multi Family
Listing Provided Courtesy of Nicholas Riddell, Lotside
Krishna Realty data last checked: Mar 16, 2026 19:52 | Listing last modified Mar 12, 2026 01:33,
Source:
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Residence Information
4800
Composition
5,
55 - 5-9 Units
1985
Poured Concrete
Coin Op Laundry, Ther
Features and Utilities
Cement Planked
Community
Sewer Connected
0
Financial
20065
Cash, Conventional
11-26-2025
Comparable Information
105
105
Cash, Conventional
$2,399,000
$2,399,000
Mar 12, 2026 01:33
Schools
Elementary : Bf DayN/ARatings Middle : Hamilton Mid N/ARatings High : Lincoln HighN/ARatings
Exceptional investment opportunity in the highly desirable Fremont/Wallingford neighborhood. Well-maintained 6-unit building featuring a rare mix of four 2BD units and two spacious 4BD, 2 bath units—consistently easy to rent with strong tenant demand. Five secure, covered parking spaces. Durable Hardie Plank siding and on-site laundry. Current ownership has kept rents below market, offering immediate income upside for the next investor. Outstanding location with quick access to UW, South Lake Union, and downtown via bus, bike, or car. Unit #2 recently remodeled, all new flooring, quartz, millwork. Well maintained asset. 2024 CAP RATE 4.43%. 2025 Projected CAP RATE 4.76%.
