4315 Whitman Avenue North

Seattle, WA 98103

$1,995,000
Price
10
Beds
7
Baths
4,433 Sq. Ft.
$450 / Sq. Ft.
4,433
Sq. Ft.
$450
per Sq. Ft.

Description

This five-unit building features four remodeled apartment units that offer an investor a great opportunity to own a low maintenance, easy to rent property in the Wallingford neighborhood. The Whitman 5 consists of large two-bedroom units ranging in size from 821 to 985 square feet. Two of the five larger units feature one and three-quarter bathrooms while three of the units have one bathroom. All of the units either have private balconies or patios for tenant enjoyment. There is a common laundry...This five-unit building features four remodeled apartment units that offer an investor a great opportunity to own a low maintenance, easy to rent property in the Wallingford neighborhood. The Whitman 5 consists of large two-bedroom units ranging in size from 821 to 985 square feet. Two of the five larger units feature one and three-quarter bathrooms while three of the units have one bathroom. All of the units either have private balconies or patios for tenant enjoyment. There is a common laundry room and storage spaces available for each unit that could provide an investor with further income. Major capital expenditures that have taken place include a full remodel of four of the apartment units.
  1. Listed by Michael Urquhart • Paragon Real Estate Advisors
  2. Listed by Brian D. Platt • Paragon Real Estate Advisors

Property Details for 4315 Whitman Avenue North

Community Name
Wallingford
School District
Seattle
Number of Assigned Spaces
9
Total Covered Parking
0
Entry Date
04-09-2024
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of Paragon Real Estate Advisors
Add your commute
LISTING UPDATED: 04/19/2024 11:16 AM

Property Details for 4315 Whitman Avenue North

StatusActive
MLS #2220376
Days on Market24
Cumulative Days on Market24
Taxes$14,994 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1967
Lot Size0.11 AC / 5,000 SF
CountyKing County

Location

Listing Courtesy of Paragon Real Estate Advisors
Add your commute

Building Information for 4315 Whitman Avenue North

Stories3Residences5Year Built1967Building Size-Lot Size0.11 AC / 5,000 SF

Payment Calculator

$12,137 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,888

Property Taxes

$1,250

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4315 Whitman Avenue North

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Area: 705 - Ballard/Greenlake
  • Directions: From downtown Seattle, get on WA-99 N/Aurora Ave N from 6th Ave. Continue on N Allen Pl. Drive to Whitman Ave N.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 4.0
  • Carport: No
  • Open Parking Spaces: 5.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Radiant
Exterior Features
  • Exterior: Stucco
  • Roof: Built-Up
Property
Utilities
  • Water/Sewer/Garbage: 7472
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Preliminary Title Ordered: No
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 26
Lot Information
  • Lot Size Source: King County
  • Parcel Number Free Text: 5694500960
  • Calculated Square Footage: 4433
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 4433.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 5
  • Number of Stories in Building: 3
  • Vacancy Rate: 5
  • Number Of Units Total: 5
  • Units Below Grade: false
  • Units In Building Total: 5
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 38337
  • Gross Adjusted Income: 145772
  • Gross Rent Multiplier: 13
  • Gross Scheduled Income: $153,444
  • Insurance Expense: $2,997
  • Net Operating Income: $107,435
  • Other Expenses: $12,874
  • Total Monthly Income: 12787
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 101
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 821
  • Rent Unit 1: $2,560.00
  • Bedrooms Unit 1: 2
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 201
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 821
  • Rent Unit 2: $2,414.00
  • Bedrooms Unit 2: 2
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 202
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 985
  • Rent Unit 3: $2,415.00
  • Bedrooms Unit 3: 2
  • Bathrooms Unit 3: 2
Unit 4
  • Name Unit 4: 301
  • Washer/Dryer Unit 4: false
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 821
  • Rent Unit 4: $2,325.00
  • Bedrooms Unit 4: 2
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 302
  • Washer/Dryer Unit 5: false
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: true
  • Square Feet Unit 5: 985
  • Rent Unit 5: $2,075.00
  • Bedrooms Unit 5: 2
  • Bathrooms Unit 5: 2
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 4433.0
  • Leasable Area Units: Square Feet

Property History for 4315 Whitman Avenue North

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 4315 Whitman Avenue North

Taxable ValueLand$1,075,000Additions$444,000Total$1,519,000
Tax Record2022$12,949 ($1,079 / month)
Home Facts
Total Finished SqFt4,435 SqFtAbove Ground SqFt4,435 SqFtStories3Lot Size5,000 SqFtStyleMulti-Family Dwelling (2-4)Year Built1967Year Renovated1987ZoningLR2 (M)CountyKINGAPN569450-0960

Schools near 4315 Whitman Avenue North

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 5
Rating
School
Distance
B F Day Elementary School
PublicPK to 5

Hamilton International Middle School
Public6 to 8

Lincoln High School
Public9 to 12

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.

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4315 Whitman Avenue North is a multi-family home for sale in Seattle, WA 98103. This property was listed for sale on April 9, 2024 by Paragon Real Estate Advisors, it's currently listed at $1,995,000. It has been on the market for a total of 24 days and was last sold on September 4, 2020. This listing's school district is Seattle Public Schools. Nearby schools include B F Day Elementary School, Hamilton International Middle School and Lincoln High School. 4315 Whitman Avenue North is a 10-bed, 7-bath, 4,433 sqft multi-family home built in 1967.

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 Paragon Real Estate Advisors

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.