3910 NE 51st Street, Seattle, WA 98105

Property Description

Rare investment and development opportunity in Seattle’s highly desirable Bryant neighborhood. This well-maintained two-story duplex is fully occupied and currently generates approximately $59k in annual net income, providing immediate cash flow while offering compelling future redevelopment potential. Preliminary plans envision five modern townhomes averaging approximately 1,400 square feet each, with the SIP process approximately 90% complete and nearing building permit submission. The existing property offers a generous front yard, ample street parking, and direct access to the Burke-Gilman Trail. Ideally positioned just a mile from the University of Washington and minutes from University Village, light rail, neighborhood amenities, major employment centers, parks, dining and shopping. An exceptional opportunity to hold, develop, or reposition a well-located income-producing property in one of Seattle’s most established and sought-after neighborhoods.

Listing Status:

Active

Data Last Updated:

September 23, 2026 at 7:19AM

Listing Office:

TEC Real Estate Inc. : 425-373-9494

Listing Agent:

Ann Carson : 425-373-9494

MLS ID:

2579612

Interior

• A/C: None
• Heating: Baseboard
• Fireplace: Fireplaces: 0

Exterior

• General: Stucco
• Parking: Parking spaces: 0

Construction

• Roofing: Composition
• General: 52 - DuplexPoured Concrete

Location

• HOA Amenities: 0.0
• Originating MLS: nwmls
• School District: Seattle
• County: King

Lot

• Zoning: 2436700675

Utilities

• Water: Public
• Sewer: Sewer Connected

Financial

• Source: nwmls