338 Northwest 46th Street

Seattle, WA 98107

$1,035,000
Last Sold Price
4
Beds
2
Baths
2,200 Sq. Ft.
$470 / Sq. Ft.
2,200
Sq. Ft.
$470
per Sq. Ft.

Description

Remodeled duplex with large units available for the first time in 33 years. Located at the intersection of Ballard, Fremont and Phinney Ridge with a 84 walk score and easy transit. Identical one level layouts with fireplaces, laundry rooms with washer and dryer, outdoor spaces and rare 2 car parking for each. A perfect owner occupied opportunity with rental income or as an investment with an excellent CAP rate.Remodeled duplex with large units available for the first time in 33 years. Located at the intersection of Ballard, Fremont and Phinney Ridge with a 84 walk score and easy transit. Identical one level layouts with fireplaces, laundry rooms with washer and dryer, outdoor spaces and rare 2 car parking for each. A perfect owner occupied opportunity with rental income or as an investment with an excellent CAP rate.

Listing Agent

  1. Chris Doucet

    Chris Doucet

    Listing Agent

    Compass

Property Details for 338 Northwest 46th Street

Community Name
Ballard
School District
Seattle
Number of Assigned Spaces
4
Total Covered Parking
0
Entry Date
09-23-2021
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of COMPASS

Sold By COMPASS

Add your commute
LISTING UPDATED: 11/05/2021 05:20 PM

Property Details for 338 Northwest 46th Street

StatusSold
MLS #1843804
Days on Market7
Cumulative Days on Market874
Taxes$7,455 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1967
Lot Size0.09 AC / 3,880 SF
CountyKing County

Location

Listing Courtesy of COMPASS

Sold By COMPASS

Add your commute

Building Information for 338 Northwest 46th Street

Stories2Residences2Year Built1967Building Size-Lot Size0.09 AC / 3,880 SF

Payment Calculator

$6,270 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,648

Property Taxes

$621

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 338 Northwest 46th Street

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Deck, Fenced-Partially, Patio
  • Area: 705 - Ballard/Greenlake
  • High School: Ballard High
  • Directions: 15th NW east on Leary Way to NW 46th. Between 6th and 3rd NW on north side of street. East street parking. Tenant parking off of alley north of property.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2020
Parking
  • Number of Carport Spaces: 2.0
  • Carport: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Laminate, Vinyl, Carpet
  • Fireplace: No
  • Heating: Yes
  • FIRPTA: No
Exterior Features
  • Exterior: See Remarks, Stone
  • Roof: Flat
Property
Utilities
  • Electric On Property: No
  • Heating and Cooling: Baseboard
  • Water Source: Public
  • Water/Sewer/Garbage: 2901
  • Power Company: City Light
  • Sewer Company: SPU
  • Water Company: SPU
  • Power Production Type: Electric
  • Utilities: Sewer Connected, Electricity Available
Property and Assessments
  • New Construction YN: No
  • Foundation: Poured Concrete
  • Zoning Class: Residential
  • Possible Use: Residential
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 25
Lot Information
  • Lot Details: Curbs, Paved, Sidewalk
  • Lot Size Source: KCR
  • Parcel Number Free Text: 1982200720
  • Calculated Square Footage: 2200
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2200.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 2
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 2
  • Units Below Grade: false
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 11057
  • Gross Adjusted Income: 63600
  • Gross Rent Multiplier: 17
  • Gross Scheduled Income: $60,000
  • Insurance Expense: $701
  • Net Operating Income: $52,543
  • Other Expenses: $280
  • Total Monthly Income: 5300
  • Fuel Expense: $0
Unit 1
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 1100
  • Rent Unit 1: $2,500.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 1100
  • Rent Unit 2: $2,500.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 1
  • Bathrooms Unit 2: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2200.0
  • Leasable Area Units: Square Feet

Property History for 338 Northwest 46th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 338 Northwest 46th Street

Taxable ValueLand$421,000Additions$579,000Total$1,000,000
Tax Record2022$8,631 ($719 / month)
Home Facts
Baths2Total Finished SqFt2,200 SqFtAbove Ground SqFt2,200 SqFtStories2Lot Size3,880 SqFtStyleDuplexYear Built1967ZoningNR3CountyKINGAPN198220-0720Fireplace TypeHas Fireplace

Schools near 338 Northwest 46th Street

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
B F Day Elementary School
PublicPK to 5

Hamilton International Middle School
Public6 to 8

Lincoln High School
Public9 to 12

Cascade Parent Partnership Program
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of COMPASS

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.