1612 N 38th Street Seattle, WA $ 1,199,000
1612 N 38th Street
$ 1,199,000
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1612 N 38th Street

Seattle, WA, 98103
$ 1,199,000
Bedrooms4 Baths3.0 Sq 1,850

Monthly Estimate*

$ 8,281

Listed by Skyline Properties, Inc.
1612 N 38th Street, Seattle, WA 98103 - Image 1

Multi-Family Home for sale in Seattle, WA

for $1,199,000 with 4 bedrooms and 3 full baths. This 1,850 square foot home was built in 1902 on a lot size of 0.0551.

This conveniently located legal duplex offers exceptional flexibility and income potential—ideal for investors, owner-occupants, or multi-generational living. Live in one unit and rent the other to help offset expenses, or take advantage of the property’s established rental potential, having previously operated as an Airbnb.Each unit is separately metered and equipped with its own tankless water heater. Additional features include a new roof, off-street parking, basement storage, a stone patio for entertaining, and a private fenced backyard.Enjoy impressive Seattle skyline views from both units. The upper unit features double French doors opening to a balcony, while the lower level offers the charm of a welcoming wrap-around porch.Conveniently located just minutes from I-5, the University of Washington, Gas Works Park, John Stanford International School, and other highly regarded schools, this property combines location, versatility, and investment potential in one compelling opportunity. We will be holding open houses on Saturday and Sunday, October 17–18 and 24–25, from 10:00 AM to 2:00 PM each day.

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Multi-Family Active

Price

$ 1,199,000

Bedrooms

4

Full Bath

3

Property Type

Multi-Family

Taxes

$ 9,063

Style

Duplex

Lot Size

0.0551

Year Built

1902

Town/City

Seattle

County/Region

King

MLS | Web ID

2592815

Features
General
Living Area 0
Sewer Sewer Connected
Heating Forced Air
Cooling None
Possession Closing
Roof Composition
Appliances Tankless Water Heater
HOA Fee 0
Garage Spaces 1
Security Features Fully Fenced
Year Built 1902
View See Remarks Territorial
Property Subtype Multi Family
Tax Year 2025
County King
Net Operating Income 63212
Insurance Expense 5125
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Wallingford
Special Listing Conditions None
Status Active
Directions GPS. From NE 45th St: Head South on Wallingford Ave N West on N 38th St straight around the roundabout at Densmore to the home on the right.
High School Lincoln High
City Seattle
Senior Community Y/N N
High School District Seattle
Number Of Units Total 2
MLS Area 705 - Ballard/Greenlake
Lot Size Units Square Feet
Lot Size Square Feet 2400
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional FHA USDA Loan VA Loan
Elementary School John Stanford Intl
Tax Annual Amount 9063
Electric Expense 0
Fuel Expense 1200
Middle/Junior High School Hamilton Mid
Property Condition Good
Public Remarks This conveniently located legal duplex offers exceptional flexibility and income potentialideal for investors owner-occupants or multi-generational living. Live in one unit and rent the other to help
Leasable Area 1850
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Amenities Basement Storage
Water Company Seattle Public Utilities
Units Below Grade false
Units In Building Total 2
Water Sewer Garbage 2400
Property Style 52 - Duplex
Cap Rate 5.6
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Exterior
Exterior Amenities Brick Wood Products
Lot Features Paved Sidewalk
Water Source Public
Total Parking 1
Foundation Details Pillar/Post/Pier Poured Concrete
Building Area Total 1850
Lot Size Acres 0.0551
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Deck Fenced-Fully Patio
Parking Uncovered Total 1
Lot Number 6
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Interior
Flooring Ceramic Tile Engineered Hardwood Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2592815
Street Number 1 1612
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* Excluded Features
List By
Amir Rashidi

Listing Agent

Skyline Properties, Inc.

Broker

amir@gotobuysell.com

Email

Affordability Calculator

$9,036
Per Month
92%
8%
0%
Monthly Principal & Interest
$8,281
Monthly Property Taxes
$755
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
4507622 Elementary School
257475 Middle School
Lincoln High High School
Pricing History
DatePricePrice ChangeDescription
10/9/2026$1,199,000 Listed Price

Map


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1612 N 38th Street, Seattle, WA, 98103 is a Multi-Family Home for sale at $1,199,000 with 1,850 sqft and a lot size of 0.0551. 1612 N 38th Street has 4 bedrooms, 3.0 baths, and was built in 1902. The property's zip code is 98103 which is in Seattle, WA