3801 3807 Linden Avenue N, Seattle, WA 98103

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Listing Broker: Paragon Real Estate Advisors; Michael Urquhart; ; Selling Office: Paragon Real Estate Advisors.

Sold Price
$1,105,000
List Price
$1,000,000
Status
SOLD
MLS#
2448830
Closing Date
Dec 30, 2025
Days on Market
10
Style
53 - Tri-plex
Finished SqFt
3,380
Area Total SqFt
3380
Annual Tax Ammount
12056
Lot Size (sq ft)
5,440
Sewer
Sewer Connected
Offer Review Date
2025-11-06

Property Description

Well-located three-unit multifamily asset in the heart of Seattle’s Fremont neighborhood. This unique property presents substantial rental upside through interior renovations and layout optimization. The property features three spacious units — a 3BD/1BTH main-floor unit with a garage and deck, a 2BD/1BTH lower unit with a deck, and a 1BD/.75BTH unit with an attached garage. The lower level 2BD/1BTH includes unfinished space that can be incorporated into the existing units or converted for additional amenity use. Currently this unfinished space contains a washer/dryer for the use of the 2BD and 1BD unit. Each unit benefits from strong natural light and west-facing decks.

Additional Information

List Date
2025-12-20 00:00:00
Community
Fremont
Net Operating Income
$49,486
Gross Adjusted Income
$77,442
Gross Scheduled Income
$81,518
Total Monthly Income
$6,793
Insurance Expenses
$3,000
Water/Sewer/Garbage Expenses
$4,350
Gross Rent Multiplier
20.21
Total Expenses
$27,956
Cap Rate
4.8
Vacancy Rate
5
Total Number of Units
3
Unit Name
3801 3807
Potential Terms
Cash Out, Conventional
Year Built
1954
Roof
Flat
Other Expenses
8550
Energy Source
Electric
School District
Seattle
Total Monthly Income
$6,793
Gross Scheduled Income
$81,518
Vacancy Rate
5
Gross Adjusted Income
$77,442
Tax Year
2025
Insurance Expense
$3,000
W/S/G Expenses
$4,350
Total Expenses
$27,956
Net Operating Income
$49,486
Gross Rent Multiplier
20.21
Cap Rate
4.8
Based on information submitted to the MLS GRID as of . 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.
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