Property Details
4206 Dayton Avenue N
Seattle, WA 98103
$2,450,000
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Property Overview
One of Upper Fremont's few grandfathered multi-units on a quiet residential street, this extraordinary 4-unit property stands in a category of its own. A $625,000 full gut renovation has produced something the market simply cannot replicate. Nothing comparable exists. Six bedrooms & four baths total across two 2-bed/1-bath units rebuilt to the studs with all new electrical, HVAC, A/C, gas lines, LVP floors, quartz counters, custom cabinetry, double vanities & custom tile showers. Two studios with all new baths, electric heat, cabinetry & quartz counters. Every unit has in-unit laundry washer & dryer, a separate electric meter & new window blinds. The main top floor unit is a true showpiece. A dramatic two-story entry with custom metal railings, refinished hardwood floors & a statement chandelier sets the tone immediately. The chef's kitchen is anchored by custom cabinetry, quartz counters & a gas range, all framed by a thoughtfully realigned window capturing breathtaking Mt. Rainier & downtown Seattle views. The exterior is equally impressive with new Hardie board siding, a new roof, all new windows, fresh landscaping, a fenced yard, updated masonry steps & hard-wired Ring security cameras. Four off-street parking spaces & a 10×10 storage shed complete the package. Quality product. Quality tenants. Nothing left to do. Steps to the best of Fremont's restaurants, bars, shops & coffee.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
King
Neighborhood
Fremont
Listed
May 13, 2026
Financial Summary
Cap Rate
4.27%
Net Operating Income
$104,554
Gross Scheduled Income
$133,200
Gross Rent Multiplier
18.40
Total Expenses
$23,654
Vacancy Rate
6.0%
Building & Use
Building Sq Ft
3,120
Leasable Area
3,120 sqft
Total Units
4
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
5,001 sqft
Year Built
1914
Exterior & Lot
Lot Size
0.11 sqft
Year Built
1914
Exterior Materials
Cement Plank, Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Curbs, Paved, Sidewalk
Exterior Features
Cement Planked, Wood
Location
City
Seattle
County
King
Coordinates
47.65798, -122.35176
Additional Information
Tax Year
2025
Annual Taxes
$12,445
Possession
Array
Based on information submitted to the MLS GRID as of May 13, 2026 11:15 PM. 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, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
