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Off market
  • $1,384,000

    4725 38th Ave S, Seattle, WA 98118

    --beds
    0baths
    3,805sqft
    MultiFamily
    Built in 1968
    -- sqft lot
    $1,384,000 Zestimate®
    $364/sqft
    $2,879 Estimated rent

    Home value

    $1,384,000

    $1.27M - $1.51M

    $2,879/mo

    Zestimate® history
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    $2,879/mo

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    $2,879/mo

    Rent Zestimate®

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    $8,357/mo

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    $8,357/mo

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    What's special

    Family-owned since the 80's, your rare opportunity to own this fabulous 4plex in ultra desirable Columbia City! Comprised of two 2-bedroom/1-bath units and two 3-bedroom/1.5 bath units, for a massive total 3805 sq ft of rentable living space!! With a prime location and very spacious units, this solid 4-plex generates huge rents, and is offered at an attractive value of 5.3% Cap Rate. New exterior paint, newer roof in 2017, & various newer updates in the units, you'll appreciate this well-maintained property. Include 4 off-street parking spots. Located just a block from a lively collections of restaurants, shops & services on Rainier Ave S. Light Rail Station is just blocks away. Zoned NC2-55 for possible future expansion. Walk Score of 93!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Wall, Electric
    Cooling
    • Wall
    Appliances
    • Included: Dishwasher, Refrigerator
    Features
    • Flooring: Tile, Carpet, Laminate, Linoleum / Vinyl
    Interior area
    • Total interior livable area: 3,805 sqft

    Property

    Features
    • Exterior features: Wood, Wood products
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 4,791 sqft
    Details
    • Parcel number: 3929900050

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Composition
    Condition
    • Year built: 1968

    Utilities & green energy

    • Sewer: Sewer Connected
    • Water: Public

    Community & neighborhood

    Location
    • Region: Seattle

    Other

    Other facts
    • Dishwasher1: Y
    • Dishwasher2: Y
    • Refrigerator1: Y
    • Refrigerator2: Y
    • Property type: MULT
    • Range/oven1: Y
    • Range/oven2: Y
    • Dishwasher3: Y
    • Dishwasher4: Y
    • Refrigerator3: Y
    • Refrigerator4: Y
    • Range/oven3: Y
    • Range/oven4: Y
    • Exterior: Wood Products, Wood
    • Foundation: Poured Concrete
    • Sewer: Sewer Connected
    • Form 17: Provided
    • Possesion: Sub. Tenant's Rights, Closing
    • Water source: Public
    • Roof: Composition
    • Building condition: Good
    • Energy source: Electric
    • Lot details: Paved Street
    • General zoning: Multi-Family
    • View: Territorial
    • Heating and cooling: Wall
    • Style: 54 - 4-Plex
    • Potential terms: Conventional, Cash Out
    • Floor covering: Wall to Wall Carpet, Vinyl, Laminate Hardwood, Laminate Tile
    • Site features: Fenced-Partially, Deck
    • Bathrooms1: 1.00
    • Bathrooms5: 0.00
    • Bathrooms6: 0.00
    • Bathrooms3: 1.00
    • Bathrooms2: 1.50
    • Bathrooms4: 1.50
    • Offers: Reviewed on receipt

    Price history

    DateEventPrice
    7/30/2021Sold$1,500,000+0%$394/sqft
    Source: NWMLS as distributed by MLS GRID #1789035 Report a problem
    6/28/2021Pending sale$1,499,990$394/sqft
    Source: John L Scott Real Estate #1789035 Report a problem
    6/23/2021Listed for sale$1,499,990-9.1%$394/sqft
    Source: John L Scott Real Estate #1789035 Report a problem
    6/4/2019Listing removed$1,650,000$434/sqft
    Source: Compass Washington #1418640 Report a problem
    3/7/2019Listed for sale$1,650,000$434/sqft
    Source: Compass Washington #1418640 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,620 +13.1%$1,061,000 +5.8%
    2024$10,275 -0.2%$1,003,000 -2.6%
    2023$10,290 +5.4%$1,030,000 -5.6%
    2022$9,767 -3.5%$1,091,000 +4%
    2021$10,121 -2.1%$1,049,000 +1.2%
    2020$10,341 +18.5%$1,037,000 +18.4%
    2019$8,724 +42.2%$876,000 +30.9%
    2018$6,133 +3.3%$669,000 +18.8%
    2017$5,936 +43.4%$563,000 +12.2%
    2016$4,140 $502,000 +12.6%
    2015$4,140 $446,000 +11.2%
    2014$4,140 $401,000 +9.3%
    2013$4,140 $367,000 +0.8%
    2012-- $364,000 +26%
    2011-- $289,000 -23.9%
    2010-- $380,000
    2009-- $380,000 +4.4%
    2007-- $364,000 +14.5%
    2006-- $318,000 +14.8%
    2005-- $277,000 +46.6%
    2001$2,255 +18.5%$189,000 +25.3%
    2000$1,903 $150,800

    Find assessor info on the county website

    Neighborhood: Columbia City

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Orca (Columbia)
    • Middle: Mercer Mid
    • High: Franklin High
    • District: Seattle

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,384,000
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,384,000