4903 3rd Avenue NW, Seattle, WA 98107

Property Description

Rare and versatile opportunity in the highly desirable Ballard / West Woodland neighborhood. This well-located triplex at 4903 3rd Ave NW offers a unique combination of immediate rental income and future flexibility. The property currently operates as a triplex but presents a rare and relatively straightforward opportunity to convert the structure back into a spacious single-family residence if desired. The building’s layout and single-structure configuration make it well suited for a buyer looking to reimagine the property as a large custom home, while still maintaining the option to generate rental income in the meantime. For investors, the existing units provide steady income potential in one of Seattle’s strongest rental markets. For owner-occupants or builders, the property offers the chance to create a substantial single-family home in a premier neighborhood without starting from the ground up. Ideally located just minutes from Ballard, Fremont, Green Lake, and Woodland Park, with easy access to shops, restaurants, parks, and major commuter routes. Opportunities like this—combining location, income potential, and future conversion flexibility—are increasingly rare in this sought-after Seattle neighborhood. A truly flexible property with long-term upside for investors, developers, or homeowners looking to create their dream residence.

Listing Status:

Active

Data Last Updated:

May 20, 2026 at 7:19AM

Listing Office:

Synergy Mrgrs & Acq. LLC : 206-386-5455

Listing Agent:

Francis Roman : 206-386-5455

MLS ID:

2518454

Interior

• Flooring: Bamboo/CorkCeramic TileHardwoodVinyl
• A/C: Ductless
• Heating: BaseboardDuctlessForced Air
• Fireplace: Fireplaces: 0

Exterior

• General: Brick
• Parking: Parking spaces: 5

Construction

• Roofing: Composition
• General: 53 - Tri-plexPoured Concrete

Location

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

Lot

• Zoning: 1982200095
• View: MountainsSoundTerritorialView

Utilities

• Water: Community
• Sewer: Sewer Connected

Financial

• Source: nwmls