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$1,199,000 Just Listed
Property Description
This conveniently located legal duplex offers exceptional flexibility and income potential-ideal for investors, owner-occupants, or multi-generational living. Live in one unit and rent the other to help offset expenses, or take advantage of the property's established rental potential, having previously operated as an Airbnb.Each unit is separately metered and equipped with its own tankless water heater. Additional features include a new roof, off-street parking, basement storage, a stone patio for entertaining, and a private fenced backyard.Enjoy impressive Seattle skyline views from both units. The upper unit features double French doors opening to a balcony, while the lower level offers the charm of a welcoming wrap-around porch.Conveniently located just minutes from I-5, the University of Washington, Gas Works Park, John Stanford International School, and other highly regarded schools, this property combines location, versatility, and investment potential in one compelling opportunity. We will be holding open houses on Saturday and Sunday, October 17-18 and 24-25, from 10:00 AM to 2:00 PM each day.
Full Property Details
Full Property Details for 1612 N 38th St
General
- Price: $1,199,000
- Taxes: $9,063 (2025)
- Status: Active
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2592815
- Updated: 10/9/2026
- Added to Site: 2 day(s) ago
Rental Information
- Short Term: Yes
Interior
- Flooring: Ceramic Tile, Engineered Hardwood, Carpet
Additional Information
- Amenities: Deck, Fenced-Fully, Patio
- Security/Safety: Fully Fenced
Parking
- Garage Spaces: 1
- Uncovered Spaces: 1
Location
- Area: 705 - Ballard/Greenlake
- County: King
- Subdivision: Wallingford
- Driving Directions: GPS. From NE 45th St: Head South on Wallingford Ave N, West on N 38th St, straight around the roundabout at Densmore to the home on the right.
School Information
- High School District: Seattle
- Elementary School: John Stanford Intl
- Middle School: Hamilton Mid
- High School: Lincoln High
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: Duplex
- Exterior Const.: Brick, Wood Products
- Foundation: Pillar/Post/Pier, Poured Concrete
- Roof: Composition
- Stories in Building: 2
- Square Feet: 1,850
- Year Built: 1902
- Property Condition: Good
Unit Information
- Units in Building: 2
Lot Features
- Property View: See Remarks, Territorial
- Lot Size (Acres): 0.0551
- Lot Size (Sq. Ft.): 2,400
- Lot Size Source: Realist
- Lot Features: Paved, Sidewalk
Financial Considerations
- Tax Amount: $9,063
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, USDA Loan, VA Loan
Disclosures and Reports
- Special Conditions: None
- Property ID: 4083303885
- Block: 39
- Lot Number: 6
Listed by Amir Rashidi | Skyline Properties, Inc. | (425) 455-2065
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Schools
Schools serving 1612 N 38th St
School District:Seattle School District
| Name | Grades | Distance |
|---|---|---|
B F Day Elementary School 3921 Linden Avenue North, Seattle, WA 98103 | PK-5 | 0.5 mi |
Hamilton International Middle School 1610 North 41st Street, Seattle, WA 98103 | 6-8 | 0.3 mi |
Lincoln High School, Seattle, WA 4400 Interlake Avenue North, Seattle, WA 98103 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1612 N 38th St
Date
Details
Price
Change
Source
10/08/2026
Listed
$1,199,000
10.51%
MLS
5/20/2024
Sold
$1,085,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1612 N 38th St
Year
Property Taxes
Change
Tax Assessment
Change
2026
$11,351
25%
$1,096,000
17%
2025
$9,063
6%
$935,000
-3%
2024
$8,510
3%
$968,000
—
2022
$8,235
-4%
$968,000
16%
2021
$8,578
—
$834,000
-6%
2021
$8,578
—
$885,000
-1%
2020
$8,595
8%
$897,000
-3%
2019
$7,947
-1%
$924,000
14%
2018
$8,008
14%
$809,000
10%
2017
$7,041
8%
$735,000
10%
2016
$6,546
10%
$667,000
8%
2015
$5,962
3%
$620,000
14%
2014
$5,797
—
$545,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1612 N 38th St
1612 N 38th Street, Seattle, WA 98103 (MLS# 2592815) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 1612 N 38th Street is currently listed for $1,199,000 and was received on October 08, 2026. Want to learn more about 1612 N 38th Street? Do you have questions about finding other Multi-Family real estate for sale in Broadway? You can browse all Broadway real estate or contact a Coldwell Banker agent to request more information.
