WA > Seattle > Fairmount
Seattle, WA 98126,5221 38th AVE SW
Listed by Windermere Real Estate Co.
Bought with KW Mountains to Sound Realty
$1,365,000
$1,375,000 0.7%
Est. payment /mo
8 Beds
4 Baths
3,280 SqFt
Sold on 06/06/2025

5221 38th AVE SW Seattle, WA 98126

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DJ Gee
DJ Gee

+1(253) 363-0413

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Key Details

Sold Price $1,365,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,280 sqft

Price per Sqft $416

Subdivision Fairmount

MLS Listing ID 2344856

Style 54 - 4-Plex

Bedrooms 8

Year Built 1954

Annual Tax Amount $11,884

Lot Size 6,545 Sqft

Property Sub-Type Multi Family

Property Description

Excellent investment opportunity located on a quiet, dead-end street near Alaska & Morgan Junction amenities, Fairmount Park, & w/easy access to the West Seattle bridge. This well-maintained 4-plex includes 2 bed, 1 bath end-units approx 820 SF, all w/good natural light, functional layouts, a small deck or yard, & in-unit W/D. Enjoy solid income w/the ability to improve operations, renovate on turnover, or potential to owner-occupy. Find an attached 2-car garage & sizable storage areas + an additional 6-8~ tandem parking off the alley. The 6,545 SF street-to-alley LR2(M) lot provides future development potential. Recent improvements include exterior paint & reglazing 36 windows. This is a flexible asset w/ multiple investment strategies.

Location

State WA

County King

Area 140 - West Seattle

Interior

Flooring Vinyl, Vinyl Plank, Carpet

Exterior

Exterior Feature Wood

View Y/N No

Roof Type Composition

Building

Lot Description Alley, Curbs, Dead End Street, Paved, Sidewalk, Value In Land

Sewer Sewer Connected

New Construction No

Schools

School District Seattle

Others

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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agent

DJ Gee

+1(253) 363-0413

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5221 38th AVE SW

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