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3617 Francis Avenue N, 
Seattle, WA 98103

$1,775,000


Bed


Bath


4,772

Sq Ft


Multi-Family

Active

Listed by

Chad Michael Martini

David W Petersen

Westlake Associates, Inc.

Last updated:

July 28, 2025, 09:55 PM

MLS#

2413396

Source:

NWMLS

About This Home

3617 Francis Avenue N

SHOWING TIME: WED 8/13 (11am - 1pm). Please confirm. Fremont 4 presents a compelling investment opportunity in Seattle’s vibrant Fremont neighborhood: a well-maintained 4-unit multifamily property. Built in 1982, this fourplex features four 2-bedroom/1-bath units averaging 882 sq ft each, with hardwood floors, washer/dryers in unit, and ample parking/storage. Situated on a 4,992 sq ft LR3-zoned lot, it offers immediate rental income with upside potential through rent increases and cosmetic updates, plus redevelopment possibilities for higher density. In a market with 2-3% annual rent growth and strong demand from tech professionals, this asset promises solid returns for value-add investors or owner-occupants. Current CAP: 6.25%

Home Facts

Multi-Family

Built in 1982

Price Summary

1,775,000

$371 per Sq. Ft.

MLS #:

2413396

Last Updated:

July 28, 2025, 09:55 PM


Rooms & Interior

Interior

Living Area:

4,772 Sq. Ft.


Structure

Structure

Building Area:

4,772 Sq. Ft.

Year Built:

1982


Lot

Lot Size (Sq. Ft):

4,992


Finances & Disclosures

Finances

Price:

$1,775,000

Price per Sq. Ft:

$371 per Sq. Ft.

MLS Logo
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of August 2, 2025. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2025 MLS GRID. All Rights Reserved.

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