Call Us: (206) 349-8477

4845 Fauntleroy Way SW

Seattle, WA 98116 View Map $1,343,000 Ask a Question
Sq.Ft.3,800
Year1950
Conor MacEvilly

Conor MacEvilly

(206) 349-8477

Ask a Question

Listing Office

Listing Office:Industry Re
Selling Office:Park Place Properties

4-plex for sale at 4845 Fauntleroy Way SW Seattle, WA 140 - West Seattle 98116, MLS#1977365


Status: Sold
Property Type:4-Plex
MLS® #:1977365
Sq. Feet:3,800
Date Sold:10/4/2022
Lot Size:0.14 Acres
County:King
Opportunity knocks on this fantastic investment opportunity located in the epicenter of West Seattle. Currently utilized as an income generating fourplex with low historical vacancy rate, the zoning of the property provides upside with high density, LR3 zoning, which could allow for up to eight townhomes (buyer to verify) or a larger apartment building. This fourplex features (3) 2bed/1bath units and (1) 3bed/1bath unit, two renovated units, three off-street parking spots along with two car garage, in-unit washer and dryer and all utilities paid by tenants. Located near future proposed light rail stations, just blocks to California Ave with all its great restaurants, night life and shopping and minutes to Alki Beach.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
10/4/2022$1,350,000$1,343,000-0.5%

Community Information

Address:4845 Fauntleroy Way SW, Seattle, WA 98116
Area:140 - West Seattle
County:King
City:Seattle
Subdivision:Alaska Junction
Zip Code:98116

School Information

School District:Seattle
High School:West Seattle High
Middle School:Pathfinder K-8
Elementary School:Fairmount Park

Architecture

Year Built:1950
Stories:2
Possible Use: Multi-Family
Year Built Effective: 1988
Building Style: 4-Plex
Roof: Composition
Foundation: Poured Concrete

Features / Amenities

Interior Features: Ceramic Tile, Hardwood, Wall to Wall Carpet
Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
Exterior Features: Wood, Wood Products
Green Energy Efficient: Thermal Windows
Site Features: High Speed Internet, Patio
Covered Spaces: 2
Open Parking Spaces: 3
Parking Total: 5
Heating Cooling Type: Baseboard, Wall

Property Features

Lot Size: 0.14 Acres
Lot Dimensions:50 x 120
Lot Features: Alley, Curbs, Paved, Sidewalk, Value In Land
View: Territorial
Sq.Ft. Size: 3800
Lot Sq.Ft. Size: 6000
Utilities: High Speed Internet, Sewer Connected, Electricity Available
Sewer: Sewer Connected
Water: Public
Directions:From Whole Foods/SW Alaska St, head South on Fauntleroy Way SW for three blocks. Fourplex is located on West side of the street before SW Hudson St.

Tax and Financial Info

Tax Year: 2022
Tax Annual Amount: $10,318.81
Insurance Expense: $1,182
Net Income: $54,265
Listing Terms: Cash Out, Conventional, FHA, VA Loan
Total Monthly Income: $5,650
Net Operating Income: $54,265
Total Expenses: $11,500.81
Offers: Seller intends to review offers upon receipt
Possession: Closing, Tenant's Rights

Schools

WALKING AND TRANSPORTATION

0
Wait...
Walk Score ®
0
Wait...
Transit Score ®
0
Wait...
Bike Score ®
Please wait while loading...

All listings featuring the icon Board of Realty Logo are provided courtesy of the Northwest Multiple Listing Service (NWMLS), Copyright 2024. All rights reserved. The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The information contained in these listings has not been verified by Keller Williams Realty Greater Seattle and should be verified by the buyer. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Listing information last updated on March 28, 2024 at 4:15 AM PST.
The 'On Site' value represents the number of days this listing has been available on this website.