417 Minor Avenue N Seattle, WA $ 1,398,000
417 Minor Avenue N
$ 1,398,000
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417 Minor Avenue N

Seattle, WA, 98109
$ 1,398,000
Baths0.0 Sq 4,107

Monthly Estimate*

$ 8,722

Listed by John L. Scott, Inc.
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Studio

Multi-Family Home for sale in Seattle, WA

for $1,398,000. This 4,107 square foot home was built in 1909 on a lot size of 0.0825.

Rare investment opportunity in South Lake Union w/ existing 4-Plex & mixed use zoning-ideal for owner/user! Located in Seattle's tech-sector neighborhood, property is one of the few remaining residential development parcels in the area, offering a myriad of options: retain rentals as residential/business/retail units & potentially add up to 3 townhomes on parking surface area; redevelop site w/ 6 townhome units or denser multifamily project--generate income from existing fourplex while awaiting permits. Vacant land next door also for sale: with the two parcels combined, offer even more development opportunities. The neighborhood offers desirable work/life balance with a 99 walk score & nearby transit & I-5. Five on-site parking spaces!

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Multi-Family Active

Price

$ 1,398,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 13,642

Style

4-Plex

Lot Size

0.0825

Year Built

1909

Town/City

Seattle

County/Region

King

MLS | Web ID

2427483

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard Wall Unit(s)
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Security Features Partially Fenced
Year Built 1909
View Territorial
Property Subtype Multi Family
Tax Year 2024
Building Name Fairview Homestead Assn
County King
Net Operating Income 66600
Insurance Expense 4326
New Construction N
Property Type Residential Income
HOA N
Subdivision Name South Lake Union
Possible Use Business Multi-Family Office Residential Retail See Remarks
Special Listing Conditions None
Status Active
Directions GPS
City Seattle
Senior Community Y/N N
High School District Seattle
Zoning Description Business Multi-Family Office Residential Retail See Remarks
Open Parking Spaces 5
Number Of Units Total 4
MLS Area 700 - Queen Anne/Magnolia
Lot Size Units Square Feet
Lot Size Square Feet 3593
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional Rehab Loan
Tax Annual Amount 13642
Electric Expense 940
Fuel Expense 0
Public Remarks Rare investment opportunity in South Lake Union w/ existing 4-Plex & mixed use zoning-ideal for owner/user! Located in Seattle's tech-sector neighborhood property is one of the few remaining resident
Leasable Area 2571
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Active
Amenities Coin Op Laundry
Water Company Seattle Public Utilities
Units Below Grade false
Units In Building Total 4
Water Sewer Garbage 3391
Property Style 54 - 4-Plex
Cap Rate 4.8
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Exterior
Exterior Amenities Metal/Vinyl Wood
Lot Features Alley Curbs Paved Sidewalk
Water Source Public
Total Parking 5
Foundation Details Poured Concrete Slab
Building Area Total 4107
Lot Size Acres 0.0825
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Cable TV Fenced-Partially High Speed Internet
Parking Uncovered Spaces 5
Lot Number 8
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Interior
Flooring Ceramic Tile Hardwood Softwood Vinyl Vinyl Plank
Total Fireplaces 0
Total Stories 3
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 NWM2427483
Street Number 1 417
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* Excluded Features
List By
Jeanie Van Amen

Listing Agent

John L. Scott, Inc.

Broker

Affordability Calculator

$9,859
Per Month
88%
12%
0%
Monthly Principal & Interest
$8,722
Monthly Property Taxes
$1,137
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
257829 Elementary School
258279 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/4/2025$1,398,000 Listed Price

Map


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417 Minor Avenue N, Seattle, WA, 98109 is a Multi-Family Home for sale at $1,398,000 with 4,107 sqft and a lot size of 0.0825. 417 Minor Avenue N is a studio with 0.0 baths and was built in 1909. The property's zip code is 98109 which is in Seattle, WA