Property Details

7103 Linden Avenue N #1-5
Seattle, WA 98103
$1,199,950
MLS# 2560133 courtesy of NWMLS Listing firm: Lotside

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7103 Linden Avenue N #1-5, Seattle, WA 98103-5176, Seattle

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7103 Linden Avenue N #1-5, Seattle, WA 98103-5176, Seattle

1 / 40
Multi-Family
Property Type
3,275
Bldg Sq Ft
5
Units
6.15%
Cap Rate
1904
Year Built

Property Overview

Prime Green Lake location just one block from the lake! This fully occupied five-unit property includes two buildings situated on a single tax parcel, offering a total of approximately 3,275 square feet of living space. The west building is a 3-bedroom, 1-bath home with approximately 1,280 square feet, while the east building consists of four 1-bedroom units. The units feature open floor plans and abundant natural light. Property improvements include updated roofs, siding, windows, exterior paint, and electrical systems. Unit #2 was recently remodeled. Additional features include separately metered electrical service, coin-operated laundry, and on-site storage units. With a historically low vacancy rate, strong rental demand, and opportunities to increase income, this property presents an attractive investment opportunity. LR3 zoning may provide additional development potential. Current cap rate: 6.15%.

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County King
Neighborhood Greenwood
Listed Jul 29, 2026
Structure Type Multi Family
Parcel Number 3362401290

Tax & HOA

Annual Property Tax $11,177 (2025)
Est. Monthly Tax $931/mo

Financial Summary

Cap Rate 6.15%
Net Operating Income $73,738
Gross Scheduled Income $106,380
Gross Rent Multiplier 11.28
Total Expenses $32,278
Vacancy Rate 2.0%

Building & Use

Building Sq Ft 3,275
Leasable Area 3,275 sqft
Total Units 5
Lot Size 2,605 sqft
Year Built 1904

Exterior & Lot

Lot Size 0.06 sqft
Year Built 1904
Exterior Materials Cement Plank
Sewer Sewer Connected
Water Source Public
Lot Features Corner Lot, Curbs, Paved, Sidewalk
Exterior Features Cement Planked

Community & Access

Directions From Aurora-99 N, take Woodland Pl N, Slight right onto Whitman Pl N. Woodland Pl N turns slightly right and becomes Linden Ave N, Turn left onto N 71st St, property on the right

Location

City Seattle
County King
Coordinates 47.68043, -122.34759

Additional Information

Tax Year 2025
Annual Taxes $11,177
Possession Array
Listed By
Nicholas Riddell
Lotside

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