31% of homes accept an offer within 2 weeks. Tour it before it's gone!
Today:
About this home
Rare opportunity to own a stylish Mid-Century true duplex in the heart of Fremont. Each thoughtfully designed one-bedroom unit features an ensuite bathroom, in-unit washer/dryer, private fully fenced patio, and covered carport parking. Recent upgrades include new windows and A/C, blending modern comfort with the property’s distinctive Mid-Century character, which was formerly featured in Sunset Magazine. Ideal for the savvy investor, owner-occupant, or those seeking flexible multi-generational living. Live in one unit and rent the other, or lease both for a strong income-producing opportunity. Zoned LR3, this versatile property offers valuable flexibility in one of Seattle’s most sought-after neighborhoods. Enjoy Fremont’s vibrant mix of restaurants, coffee shops, breweries, boutiques, and local favorites, with the Fremont Sunday Market and Burke-Gilman Trail nearby. A unique combination of investment potential, privacy, and prime location.
Fremont, located between Lake Union and Phinney Ridge, is a residential and industrial Seattle neighborhood with a canal-side waterfront and a street-art streak. The neighborhood’s character concentrates around Fremont Ave N and N 36th St, where coffee counters, bike shops, indie boutiques, and late-night bars cluster under the glow of the Fremont Bridge. Brick warehouses and low-slung storefronts mix with modern townhomes along the Burke-Gilman Trail. The Fremont Troll anchors the north end of the bridge approach with offbeat public art. The Fremont Sunday Market turns curb lanes into a rotating lineup of makers and food stalls. Landmark institutions like Theo Chocolate and Hale’s Ales ground the area’s long-running creative commerce.
Provided by Walk Score and Local Logic
Offer insights
719 721 N 38th St · $1,220,000
$1.22M and above
75% chance or better to win
Why $1.22M+ is a strong offer
SALE-TO-LIST
94.9%
Most homes are selling 5% below list price.
LIST PRICE
$1,220,000
Median list price in this area is $1,016,813. (17% lower than this home)
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Has heating
Heat pump
Bedrooms
Two 1-bedroom units
Bathrooms
Each unit has 1 bathroom
Kitchen
Range/oven in both units
Refrigerator in both units
Dishwasher in both units
Laundry & utility
Washer/dryer in both units
Flooring
Bamboo or cork
Ceramic tile
Engineered hardwood
Heating & cooling
Heat pump (heating)
No central cooling
Exterior features
Deck
Patio
Fully fenced yard
High-speed internet available
Wood exterior or wood products
Home design
Duplex (residential income, multi-family)
Single-story
Has a view
Corner lot with curbs, paved streets and sidewalks
Parking
2 covered parking spaces
2 carport spaces
Security
Fully fenced
Construction
Wood construction
Flat roof
Poured concrete foundation
Utilities
Natural gas energy source
Public water (SPU)
Sewer connected (SPU)
Power by SCL
Financial info
Listing terms: Cash or Conventional
Gross scheduled income: $86,000
Gross adjusted income: $86,000
Total monthly income: $5,209
Net operating income: $65,829
Total expenses: $20,171
Fuel expense: $1,416
Electric expense: $1,698
Insurance expense: $2,940
Other expense: $2,400
Gross rent multiplier: 14.19
Two rental units with actual rents of $2,209 and $3,000
Electricity and solar
View estimated energy costs and solar savings for this home
Perform an emergency spot repair and work on the soil pipe connection. All work is to be completed onsite.
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Local insights from Redfin agents
Seattle is known for its iconic waterfront, vibrant neighborhoods, and amazing dining! I love Pike Place Market, Discovery Park, and Ballard's shops and restaurants. From Queen Anne's historic homes to Capitol Hill's modern condos, each neighborhood...