4051 Gilman Avenue W Seattle, WA $ 2,250,000
4051 Gilman Avenue W
$ 2,250,000
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4051 Gilman Avenue W

Seattle, WA, 98199
$ 2,250,000
Baths0.0 Sq 6,793

Monthly Estimate*

$ 14,037

Listed by John L. Scott, Inc
4051 Gilman Avenue W, Seattle, WA 98199 - Image 1
4051 Gilman Avenue W, Seattle, WA 98199 - Image 2
4051 Gilman Avenue W, Seattle, WA 98199 - Image 3
4051 Gilman Avenue W, Seattle, WA 98199 - Image 4
4051 Gilman Avenue W, Seattle, WA 98199 - Image 5
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4051 Gilman Avenue W, Seattle, WA 98199 - Image 8
4051 Gilman Avenue W, Seattle, WA 98199 - Image 9
4051 Gilman Avenue W, Seattle, WA 98199 - Image 10
4051 Gilman Avenue W, Seattle, WA 98199 - Image 11
4051 Gilman Avenue W, Seattle, WA 98199 - Image 12
4051 Gilman Avenue W, Seattle, WA 98199 - Image 13
4051 Gilman Avenue W, Seattle, WA 98199 - Image 14
4051 Gilman Avenue W, Seattle, WA 98199 - Image 15
4051 Gilman Avenue W, Seattle, WA 98199 - Image 16
4051 Gilman Avenue W, Seattle, WA 98199 - Image 17
4051 Gilman Avenue W, Seattle, WA 98199 - Image 18
Studio

Multi-Family Home for sale in Seattle, WA

for $2,250,000. This 6,793 square foot home was built in 1968.

Portfolio of SEVEN 2 and 3 bed CONDO UNITS located at the well maintained + professionally managed Gilmanor Building, a premier Magnolia Community. Unique investment and perfect 1031 exch opportunity offers investors strong cash flow, stable rents in high appreciation zip code. Each unit is thoughtfully designed for comfort+ efficiency, ranging in size from 786-1081 sf. Units feature gas fireplaces, private balconies and newly renovated interiors. Building amenities include on-site laundry, intercom entry system, elevator, assigned parking spots and additional storage. Convenient location offers easy access to major employers, close proximity to Magnolia Village and Discovery Park. Walk Score of 77 and Bike Score of 62

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Multi-Family Active

Price

$ 2,250,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 18,651

Style

5-9 Units

Year Built

1968

Town/City

Seattle

County/Region

King

MLS | Web ID

2390679

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing See Remarks
Roof Flat
HOA Fee 0
Year Built 1968
View Territorial
Property Subtype Multi Family
Tax Year 2025
Building Name Gilmanor
County King
Net Operating Income 88033
Insurance Expense 22598
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Magnolia
Possible Use Residential
Special Listing Conditions None
Status Active
Directions GPS Friendly
High School Ballard High
City Seattle
Senior Community Y/N N
High School District Seattle
Zoning Description Residential
Open Parking Spaces 7
Number Of Units Total 7
MLS Area 700 - Queen Anne/Magnolia
Lot Size Units Square Feet
Lot Size Square Feet 1
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out See Remarks
Elementary School Lawton
Tax Annual Amount 18651
Electric Expense 1054
Fuel Expense 0
Middle/Junior High School Mc Clure Mid
Public Remarks Portfolio of SEVEN 2 and 3 bed CONDO UNITS located at the well maintained + professionally managed Gilmanor Building a premier Magnolia Community. Unique investment and perfect 1031 exch opportun
Leasable Area 6753
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Coin Op Laundry Elevator See Remarks
Water Company Seattle PU
Units Below Grade false
Units In Building Total 23
Water Sewer Garbage 10721
Property Style 55 - 5-9 Units
Cap Rate 3.9
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Exterior
Exterior Amenities Brick Cement/Concrete Cement Planked Stucco
Lot Features Curbs Paved Sidewalk
Water Source Public
Total Parking 7
Building Area Total 6793
Lot Size Acres 0
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Parking Uncovered Spaces 7
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Interior
Flooring Vinyl Vinyl Plank Carpet
Total Fireplaces 0
Total Stories 4
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2390679
Street Number 1 4051
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* Excluded Features
List By
George Graham

Listing Agent

John L. Scott, Inc

Broker

Affordability Calculator

$15,591
Per Month
90%
10%
0%
Monthly Principal & Interest
$14,037
Monthly Property Taxes
$1,554
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
257113 Elementary School
258511 Middle School
Ballard High High School
Pricing History
DatePricePrice ChangeDescription
6/10/2025$2,250,000 Listed Price

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4051 Gilman Avenue W, Seattle, WA, 98199 is a Multi-Family Home for sale at $2,250,000 with 6,793 sqft. 4051 Gilman Avenue W is a studio with 0.0 baths and was built in 1968. The property's zip code is 98199 which is in Seattle, WA