4707 Phinney Avenue N, Seattle, WA 98103

Property Description

Phinney Ridge spacious duplex near Woodland Park with stable income and strong upside potential. Exceptional property for an investor completing a 1031 exchange or looking to expand a multifamily portfolio. Each unit offers over 1300 sq ft of living space with 2 bedrooms and 1.75 bathrooms providing tenants an abundance of space to relax, work from home or find privacy. Additionally, there is over 1100 sq ft of unfinished basement space with separate entrance, offering a blank canvas for your ideas. Each unit has a w/dryer. Enhance your investment through future upgrades to the existing units while potentially adding another unit or creating unique amenities for yourself or for your tenants in the lower level. The property is zoned LR1(M) on a 5,000 sq ft lot offering future development potential. Both units currently occupied by tenants, providing immediate rental income. The exterior was refreshed in June 2026, all siding, window trim, deck, patio, railings & stairs professionally washed & painted. Fully fenced grassy backyard, 1 car-gar & driveway parking. Convenient commuter access to downtown Seattle or Eastside, including nearby public transit. Enjoy Woodland Park Rose Garden and nearby Green Lake & Fremont restaurants and cafes. Fantastic opportunity to acquire an income-producing property today with the option to owner-occupy in the future in one of Seattle's most desirable neighborhoods. Buyer to verify all information & permitted uses to their own satisfaction.