6553 Greenwood Avenue N, Seattle, WA 98103

$1,350,000
3,162
SqFt

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Listing courtesy of Real Residential.

List Price
$1,350,000
Status
PENDING
MLS#
2545669
Days on Market
30
Style
54 - 4-Plex
Finished SqFt
3,162
Area Total SqFt
3162
Annual Tax Ammount
11941
Lot Size (sq ft)
4,800
Sewer
Sewer Connected

Property Description

Located in the desirable Phinney Ridge neighborhood, this well-maintained fourplex offers an exceptional investment opportunity. The property features four corner units, each with its own private entrance, providing added privacy and convenience for residents. Two spacious 2-bedroom units overlook Greenwood Avenue and enjoy generous decks, while the two 1-bedroom units are positioned along the alley side of the property. Each residence includes dedicated off-street parking accessed from the alley. Tenants also benefit from a shared laundry room and additional storage space. Ideally located near public transportation, neighborhood parks, local shops, and a wide variety of dining options.

Additional Information

List Date
2026-06-26 18:25:18
Community
Phinney Ridge
Net Operating Income
$58,272
Gross Adjusted Income
$95,919
Gross Scheduled Income
$115,719
Total Monthly Income
$9,643
Water/Sewer/Garbage Expenses
$17,147
Gross Rent Multiplier
11.67
Total Expenses
$37,647
Cap Rate
4.32
Vacancy Rate
17
Total Number of Units
4
Unit Name
6553
Potential Terms
Cash, Conventional
Year Built
1955
View
Territorial
Roof
Composition
Site Features
Deck
Other Expenses
8559
Energy Source
Natural Gas
School District
Seattle
Elementary School
West Woodland
Middle School
Hamilton Mid
High School
Ballard High
Total Monthly Income
$9,643
Gross Scheduled Income
$115,719
Vacancy Rate
17
Gross Adjusted Income
$95,919
Tax Year
2025
W/S/G Expenses
$17,147
Total Expenses
$37,647
Net Operating Income
$58,272
Gross Rent Multiplier
11.67
Cap Rate
4.32
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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