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.
Active
Listed by: TEC Real Estate Inc. • Ann Carson
$1,450,000
3910 NE 51st Street, Seattle, WA 98105
9beds
4baths
2,760sqft
Duplex, Multi Family
Built in 1944
-- sqft lot
$1,392,200 Zestimate®
$525/sqft
$-- HOA
What's special
Ample street parkingGenerous front yardWell-maintained two-story duplex
- 8 days
- 167
- 3
Zillow last checked:
Listing updated:
Listed by:
Ann Carson,
TEC Real Estate Inc.,
Brooke Fano,
TEC Real Estate Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2579612
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 4
Heating
- Baseboard, Electric
Cooling
- None
Features
- Has fireplace: No
Interior area
- Total structure area: 2,760
- Total interior livable area: 2,760 sqft
Property
Lot
- Size: 4,800 Square Feet
- Features: Paved, Value In Land, Deck
Details
- Parcel number: 2436700675
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Duplex, Multi Family
Materials
- Stucco
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1944
- Major remodel year: 1965
Utilities & green energy
- Sewer: Sewer Connected
- Water: Public
Community & HOA
Community
- Subdivision: Bryant
Location
- Region: Seattle
Financial & listing details
- Price per square foot: $525/sqft
- Tax assessed value: $1,455,000
- Annual tax amount: $11,992
- Date on market: 9/7/2026
- Cumulative days on market: 10 days
- Listing terms: Conventional
Estimated market value
$1,392,200
$1.32M - $1.46M
$4,431/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/8/2026 | Listed for sale | $1,450,000+20.8%$525/sqft |
Source: | ||
| 4/30/2025 | Sold | $1,200,000+837.5%$435/sqft |
Source: Public Record Report a problem | ||
| 2/23/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 11/9/2023 | Price change | $3,200-5.9%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/26/2023 | Price change | $3,400-5.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/24/2023 | Price change | $3,600-9.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/21/2023 | Listed for rent | $3,990$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/11/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 8/11/2023 | Price change | $3,990-6.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/8/2023 | Price change | $4,250-5.6%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/2/2023 | Listed for rent | $4,500$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/24/1995 | Sold | $128,000$46/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $15,145 +26.3% | $1,455,000 +18.4% |
| 2024 | $11,992 +7.2% | $1,229,000 +4.5% |
| 2023 | $11,190 -4.4% | $1,176,000 -14.7% |
| 2022 | $11,700 +6.9% | $1,378,000 +16.3% |
| 2021 | $10,946 +5.4% | $1,185,000 +11.2% |
| 2020 | $10,388 -1.9% | $1,066,000 -3.2% |
| 2019 | $10,593 +26% | $1,101,000 +13.9% |
| 2018 | $8,410 -5% | $967,000 +9% |
| 2017 | $8,850 +19.3% | $887,000 +11.7% |
| 2016 | $7,421 | $794,000 +9.5% |
| 2015 | $7,421 | $725,000 -6% |
| 2014 | $7,421 | $771,000 +17.4% |
| 2013 | $7,421 | $657,000 +9.5% |
| 2012 | -- | $600,000 |
| 2011 | -- | $600,000 -4% |
| 2010 | -- | $625,000 |
| 2009 | -- | $625,000 +61.5% |
| 2007 | -- | $387,000 +5.4% |
| 2006 | -- | $367,000 +8.3% |
| 2005 | -- | $339,000 +19.8% |
| 2001 | $3,345 +6.4% | $283,000 +12.3% |
| 2000 | $3,145 | $252,000 |
Find assessor info on the county website
Monthly payment
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