Smack dab in the heart of one of Seattle's most beloved neighborhoods"”Phinney Ridge"”this prime investment and development opportunity offers unbeatable location and upside. Perched on the sunny side of the street with dreamy western Olympic Mountain views, this value-add property is ideal for buyers looking to build equity or investors seeking rental potential during a remodel. Currently configured as a legal duplex, the property features a spacious, light-filled lower-level 2 bed/1 bath unit (~1,000+ sq ft) and a 3 bed/1 bath upper unit (~1,290 sq ft), each with its own washer and dryer, offering immediate income and flexibility to live in one unit while renovating the other. NR3 zoning provides future potential for additional units, ADUs, or redevelopment (buyer to verify). This unique property presents substantial rental upside through interior updates and layout optimization. Just blocks from Greenwood Ave's vibrant mix of shops, restaurants, and neighborhood favorites like Bambinos Coffee, Mainstay, Tin Hat, and 418 Public House, with easy access to Green Lake, Woodland Park Zoo, parks, and transit. Walk Score ~92 and a quick commute to Downtown Seattle and South Lake Union. Includes powered outbuilding/garage via shared driveway"”ideal for a studio or workspace. Rare opportunity to secure a versatile, as-is asset in a high-demand, rapidly growing location. Driveway is shared, back garage is part of this property.
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LAST UPDATED
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4/3/2026
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TRACT
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Phinney Ridge
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YEAR BUILT
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1900
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COMMUNITY
|
Phinney Ridge
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COUNTY
|
King
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STATUS
|
Active
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PROPERTY TYPE(S)
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Single Family
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| Elementary School |
Buyer To Verify |
| Jr. High School |
Buyer To Verify |
| High School |
Buyer To Verify |
| AIR |
None |
| APPLIANCES |
Dryer, Refrigerator, Washer |
| AREA |
705 - Ballard/Greenlake |
| BASEMENT |
Finished, Yes |
| CONSTRUCTION |
Wood Siding |
| GARAGE |
Attached Garage, Yes |
| HEAT |
Baseboard, Electric, Forced Air, Natural Gas |
| INTERIOR |
Dining Room, Second Kitchen |
| LOT |
5001 sq ft |
| LOT DESCRIPTION |
Paved, Sidewalk |
| MLS STATUS |
Active |
| PARKING |
Attached |
| STORIES |
1.5 |
| STYLE |
17 - 1 1/2 Stry w/Bsmt |
| SUBDIVISION |
Phinney Ridge |
| TAXES |
8949 |
| UTILITIES |
Cable Available, Sewer Connected |
| VIEW |
Yes |
| VIEW DESCRIPTION |
City, Mountain(s), Territorial |
| WATER |
Public |
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