5001 38th Avenue SW Seattle, WA $ 1,150,000
5001 38th Avenue SW
$ 1,150,000
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5001 38th Avenue SW

Seattle, WA, 98126
$ 1,150,000
Baths0.0 Sq 2,210

Monthly Estimate*

$ 8,033

Listed by COMPASS
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View a Virtual Tour
Studio

Multi-Family Home for sale in Seattle, WA

for $1,150,000. This 2,210 square foot home was built in 1991 on a lot size of 0.0806.

This Fairmont Park property has three spacious 1-bed units, making it ideal for both portfolio investors and a landlord who wishes to occupy one of the units. Each unit has its own laundry room with full size washer and dryer, fireplace, either a patio or deck, and one assigned off-street parking. Built in 1991, the property has been meticulously maintained and well-managed, providing the new owner with peace of mind. The property is conveniently located close to California Ave restaurants and coffee shops, shopping, parks, Alki Beach, schools, and West Seattle bridge. The seller-procured inspection report is available.

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Multi-Family Active

Price

$ 1,150,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 10,068

Style

Tri-plex

Lot Size

0.0806

Year Built

1991

Town/City

Seattle

County/Region

King

MLS | Web ID

2222752

Features
General
Interior Features Wall to Wall Carpet Laminate Hardwood
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Tenant's Rights
Roof Composition
Exterior Features Metal/Vinyl
HOA 0
Security Features FullyFenced
Year Built 1991
View Territorial
Property SubType Multi-Family
Tax Year 2024
County King
Net Operating Income 57114
Insurance Expense 1473.81
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Subdivision Name Fairmount
Possible Use Residential
Special Listing Conditions None
Status Active
Directions Exit Hwy 99 toward W Marginal Way. Right on Spokane St. Left onto Avalon Way. Left onto 35th Ave. Right onto Hudson Street. Left onto 38th Avenue SW. Property's on the right.
High School West Seattle High
City Seattle
Buyer Agent Compensation 2.5
View Y/N Y
Senior Community Y/N N
High School District Seattle
Open Parking Spaces 3
Total Units 3
MLS Area 140 - West Seattle
Lot Size Square Feet 3510
Waterfront Y/N N
Carport Spaces 0
Carport Y/N N
Street Name 38th
Listing Terms Cash Out Conventional
Elementary School Fairmount Park
Tax Annual Amount 10068.46
Electric Expense 49.56
Fuel Expense 0
Middle/Junior High School Pathfinder K-8
Public Remarks This Fairmont Park property has three spacious 1-bed units making it ideal for both portfolio investors and a landlord who wishes to occupy one of the units. Each unit has its own laundry room with f
Leasable Area 2210
Virtual Tour https://my.matterport.com/show/?m=L7Yu7XjyKGR
Structure Type Triplex
Building Area Units Square Feet
Standard Status Active
Water Company SPU
Units Below Grade false
Units In Building Total 3
Zoning Class Residential
Water Sewer Garbage 2072.48
Property Style 53 - Tri-plex
Cap Rate 4.97
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Interior
Flooring Laminate Vinyl Carpet
Total Stories 3
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Avenue
Living Area Units Square Feet
Power Production Type Electric
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Exterior
Lot Features Curbs Paved Sidewalk
Water Source Public
Total Parking 3
Foundation Details Slab
Building Area Total 2210
Lot Dimensions 3510
Lot Size Acres 0.0806
Lot Size Units Square Feet
Covered Spaces 0
Open Parking Y/N Y
Irrigation Water Rights Y/N N
Site Features Deck Fenced-Partially High Speed Internet Patio
Parking Uncovered Spaces 3
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Internal Only
OriginalMLSID NWM2222752
Street Number 1 5001
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* Excluded Features
List By
Amnon Bruck

Listing Agent

Compass

Broker

Affordability Calculator

$8,872
Per Month
91%
9%
0%
Monthly Principal & Interest
$8,033
Monthly Property Taxes
$839
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
326652 Elementary School
4517681 Middle School
West Seattle High High School
Pricing History
DatePricePrice ChangeDescription
4/16/2024$1,150,000 Listed Price

Map


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5001 38th Avenue SW, Seattle, WA, 98126 is a Multi-Family Home for sale at $1,150,000 with 2,210 sqft and a lot size of 0.0806. 5001 38th Avenue SW is a studio with 0.0 baths and was built in 1991. The property's zip code is 98126 which is in Seattle, WA