$800,000

5 Beds 2 Baths 1,900 SQFT 0.05 Acres
Type: Multi-Family

5045 37th Avenue S
Seattle, WA 98118

MLS#: 2493055
Presented by: COMPASS and NWMLS

Property Description

 

Turnkey duplex opportunity in the heart of Columbia City that is great for house hacking by living in one of the units or renting out both for cashflow. This well-maintained property features two updated units: Unit A features a 3-bedroom, 1-bath floorplan and Unit B features a 2-bedroom, 1-bath floorplan. Both units are currently tenant-occupied, providing immediate rental income for the next owner. Each unit has been thoughtfully updated with modern finishes with its own individual washer & dryer, helping minimize near-term maintenance while offering comfortable living spaces. Generous interiors and functional floor plans make the property well-suited for long-term rental use. Conveniently located just steps away from the Light Rail, as well as local shops, dining, and parks in Columbia City. A compelling opportunity for investors seeking a well-kept, income-producing property in a central Seattle location. The duplex comes pre-inspected.


 

Interior Features

Bedrooms

Bedrooms Upper0

Bathrooms

Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringLaminate
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces0
Total Stories2

General

Building Area Units0 sqft
Cap Rate5.4
Carport Spaces0
Carport Y/NNo
CitySeattle
CoolingNone
CountyKing
DirectionsUse GPS
Electric Expense0
Elementary SchoolHawthorne
Fuel Expense0
Garage Spaces0
HOANo
HOA Fee$0
HeatingWall Furnace
High SchoolFranklin High
High School DistrictSeattle
Insurance Expense900
Leasable Area1,900 sqft
Listing TermsCash, Conventional, FHA, VA Loan
Living Area0 sqft
Lot Size Square Feet2,159 sqft
Lot Size UnitsSquare Feet
MLS Area380 - Southeast Seattle
Middle/Junior High SchoolAki Kurose
NWM_ShowMapLinkY
Net Operating Income44839
New ConstructionNo
Number Of Units Total2
PossessionSee Remarks, Subject To Tenant Rights
Possible UseResidential
Property ConditionVery Good
Property Style52 - Duplex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksTurnkey duplex opportunity in the heart of Columbia City that is great for house hacking by living in one of the units or renting out both for cashflow. This well-maintained property features two upd
RoofComposition
Security FeaturesPartially Fenced
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeDuplex
Subdivision NameColumbia City
Tax Annual Amount$7,711
Tax Year2025
Units Below Gradetrue
Units In Building Total2
Water CompanySeattle Public Utilities
Water Sewer Garbage3010
Year Built1920
Zoning DescriptionResidential

Exterior

Building Area Total1,900 sqft
Covered Spaces0
Exterior AmenitiesCement Planked, Wood, Wood Products
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot FeaturesCurbs, Paved, Sidewalk, Value In Land
Lot Size Acres0.0496
Parking Uncovered Total0
Site FeaturesCable TV, Fenced-Partially, High Speed Internet
Total Parking0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

Middle School Aki Kurose Middle School
High School Franklin High
Elementary School Hawthorne Elementary School

  

Similar Properties

$800,000

5 Beds 2 Baths 1,900 SQFT 0.05 Acres
Type: Multi-Family

5045 37th Avenue S
Seattle, WA 98118

MLS#: 2493055