7741 1st Avenue NE, Seattle, WA 98115
- $1,079,000
- 2,160
- SqFt
Listing courtesy of List4FlatFee.com, LLC.
- List Price
- $1,079,000
- Status
- ACTIVE
- MLS#
- 2581382
- Days on Market
- 0
- Style
- 52 - Duplex
- Building Condition
- Good
- Finished SqFt
- 2,160
- Area Total SqFt
- 2160
- Annual Tax Ammount
- 8203
- Lot Size (sq ft)
- 4,000
- Sewer
- Sewer Connected
Property Description
Welcome home to this classic property in Seattle’s sought-after Green Lake neighborhood! This versatile home offers a blend of modern updates while thoughtfully maintaining its historic character. Step inside the main house to discover beautiful fir and oak floors, large vinyl windows, and an updated kitchen with granite countertops. Original architectural details shine in the classic doors and trim. The outdoor spaces offer seamless living with a peaceful backyard and two brand-new composite decks—one spacious deck off the main floor and a secluded deck for the 1-bedroom unit. The ground floor offers incredible versatility with income potential, featuring a separate studio unit and a 1-bedroom unit boasting its own separate address and separate electric meter. Each has its own independent entrance, yet both connect to the main house above to accommodate extended living. The studio can also be configured as a short-term rental or a place of business. Major assets include a large garage with an upper loft for storage or a work area, plus potential for a future DADU. Extensive functional upgrades include a fully replaced and relined sewer line. Enjoy effortless access to Green Lake Park's trails, local dining, and the Roosevelt Light Rail station. Buyer to verify all uses, SF, permits & DADU potential. Don’t miss this opportunity
Additional Information
- List Date
- 2026-09-11 19:40:13
- Community
- Green Lake
- Net Operating Income
- $49,361
- Gross Adjusted Income
- $62,769
- Gross Scheduled Income
- $62,769
- Total Monthly Income
- $5,265
- Insurance Expenses
- $1,831
- Water/Sewer/Garbage Expenses
- $3,374
- Gross Rent Multiplier
- 17.19
- Total Expenses
- $13,408
- Cap Rate
- 4.6
- Total Number of Units
- 2
- Unit Name
- 7741
- Potential Terms
- Cash, Conventional
- Year Built
- 1925
- Roof
- Composition
- Site Features
- Deck
- Energy Source
- Electric
- School District
- Seattle
- Elementary School
- Daniel Bagley
- Middle School
- Robert Eagle Staff Middle School
- High School
- Ingraham High
- Total Monthly Income
- $5,265
- Gross Scheduled Income
- $62,769
- Gross Adjusted Income
- $62,769
- Tax Year
- 2025
- Insurance Expense
- $1,831
- W/S/G Expenses
- $3,374
- Total Expenses
- $13,408
- Net Operating Income
- $49,361
- Gross Rent Multiplier
- 17.19
- Cap Rate
- 4.6
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.