4501 Fremont Avenue N, Seattle, WA 98103
- $1,390,000
- 3,990
- SqFt
Listing Broker: Ewing & Clark, Inc.; Ray Akers; ; Selling Office: Westlake Associates, Inc..
- Sold Price
- $1,390,000
- List Price
- $1,695,000
- Status
- SOLD
- MLS#
- 2424204
- Closing Date
- Jan 16, 2026
- Days on Market
- 105
- Style
- 55 - 5-9 Units
- Building Condition
- Very Good
- Finished SqFt
- 3,990
- Area Total SqFt
- 3990
- Annual Tax Ammount
- 14587.99
- Lot Size (sq ft)
- 5,000
- Sewer
- Sewer Connected
Property Description
Fremont six-unit apartment. Located in the heart of Fremont. Solid mid-century brick building. Walkable neighborhood, with easy access to transit. Low turnover and stable income. Great corner location. Two-car garage plus uncovered parking for 8 vehicles, total. History of low-maintenance. First time on the market since 1996. Hurry on this one! One of three investment properties offered for sale by the same owner.
Additional Information
- List Date
- 2025-10-03 00:00:00
- Community
- Fremont
- Net Operating Income
- $100,831
- Gross Adjusted Income
- $124,585
- Gross Scheduled Income
- $123,360
- Total Monthly Income
- $10,382
- Insurance Expenses
- $2,540
- Water/Sewer/Garbage Expenses
- $4,660
- Gross Rent Multiplier
- 16.2
- Total Expenses
- $23,754
- Cap Rate
- 5.1
- Vacancy Rate
- 1
- Total Number of Units
- 6
- Unit Name
- 4501
- Potential Terms
- Cash, Conventional
- Year Built
- 1962
- View
- Territorial
- Roof
- Flat
- Electric Expenses
- 304
- Other Expenses
- 1661
- Energy Source
- Electric
- School District
- Seattle
- Total Monthly Income
- $10,382
- Gross Scheduled Income
- $123,360
- Vacancy Rate
- 1
- Gross Adjusted Income
- $124,585
- Tax Year
- 2025
- Insurance Expense
- $2,540
- W/S/G Expenses
- $4,660
- Total Expenses
- $23,754
- Net Operating Income
- $100,831
- Gross Rent Multiplier
- 16.2
- Cap Rate
- 5.1
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.