Smack dab in the heart of one of Seattle’s most beloved neighborhoods—Phinney Ridge—this prime investment and development opportunity offers unbeatable location and upside. Perched on the sunny side of the street with dreamy western Olympic Mountain views, this value-add property is ideal for buyers looking to build equity or investors seeking rental potential during a remodel. Currently configured as a legal duplex, the property features a spacious, light-filled lower-level 2 bed/1 bath unit (~1,000+ sq ft) and a 3 bed/1 bath upper unit (~1,290 sq ft), each with its own washer and dryer, offering immediate income and flexibility to live in one unit while renovating the other. NR3 zoning provides future potential for additional units, ADUs, or redevelopment (buyer to verify). This unique property presents substantial rental upside through interior updates and layout optimization. Just blocks from Greenwood Ave’s vibrant mix of shops, restaurants, and neighborhood favorites like Bambinos Coffee, Mainstay, Tin Hat, and 418 Public House, with easy access to Green Lake, Woodland Park Zoo, parks, and transit. Walk Score ~92 and a quick commute to Downtown Seattle and South Lake Union. Includes powered outbuilding/garage via shared driveway—ideal for a studio or workspace. Rare opportunity to secure a versatile, as-is asset in a high-demand, rapidly growing location. Driveway is shared, back garage is part of this property.
Listing Provided Courtesy of Jill M. McCormick, Sound Point Real Estate LLC
General Information
NWM2499293
Multi Family
2
DOM
5000.69 SqFt
2290
1900
Multi-F
King
Buyer To Verify
Buyer To Verify
Buyer To Verify
Residential Incom
Multi Family
Listing Provided Courtesy of Jill M. McCormick, Sound Point Real Estate LLC
Krishna Realty data last checked: Apr 05, 2026 15:23 | Listing last modified Apr 05, 2026 17:51,
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Residence Information
2290
Composition
1,
52 - Duplex
1900
Poured Concrete
Features and Utilities
Wood
Public
Sewer Connected
0
Financial
8949
Cash, Conventional
04-03-2026
Comparable Information
2
2
Cash, Conventional
$950,000
$950,000
Apr 05, 2026 17:51
Schools
Elementary : Buyer To VerifyN/ARatings Middle : Buyer To Verify N/ARatings High : Buyer To VerifyN/ARatings
Smack dab in the heart of one of Seattle’s most beloved neighborhoods—Phinney Ridge—this prime investment and development opportunity offers unbeatable location and upside. Perched on the sunny side of the street with dreamy western Olympic Mountain views, this value-add property is ideal for buyers looking to build equity or investors seeking rental potential during a remodel. Currently configured as a legal duplex, the property features a spacious, light-filled lower-level 2 bed/1 bath unit (~1,000+ sq ft) and a 3 bed/1 bath upper unit (~1,290 sq ft), each with its own washer and dryer, offering immediate income and flexibility to live in one unit while renovating the other. NR3 zoning provides future potential for additional units, ADUs, or redevelopment (buyer to verify). This unique property presents substantial rental upside through interior updates and layout optimization. Just blocks from Greenwood Ave’s vibrant mix of shops, restaurants, and neighborhood favorites like Bambinos Coffee, Mainstay, Tin Hat, and 418 Public House, with easy access to Green Lake, Woodland Park Zoo, parks, and transit. Walk Score ~92 and a quick commute to Downtown Seattle and South Lake Union. Includes powered outbuilding/garage via shared driveway—ideal for a studio or workspace. Rare opportunity to secure a versatile, as-is asset in a high-demand, rapidly growing location. Driveway is shared, back garage is part of this property.