3261 Fuhrman Avenue E, Seattle, WA 98102
Local realty services provided by:RSVP Brokers ERA
Listed by: reid jones
Office: westlake associates, inc.206-505-9400
MLS#:2568199
Source:NWMLS
3261 Fuhrman Avenue E,Seattle, WA 98102
$2,750,000
- - Beds
- - Baths
- 6,765 sq. ft.
- Multi-family
- Active
Price summary
- Price:$2,750,000
- Price per sq. ft.:$406.5
About this home
The Portage Bay Plaza located at 3261 Fuhrman Ave E, presents a rare opportunity to invest in the extremely well-located north end of Portage Bay between the Eastlake and Montlake neighborhoods. The property offers large floor plans with a mix of seven 1-bedroom / 1-bath units and two 2-bedroom / 1.5-bath units, plus ample off-street parking. Wood-frame construction with a well-maintained brick exterior gives the building genuine mid-century character, while private decks with views of the Bay set it apart from typical residences in the neighbor-hood. Sitting on a large 9,220 SF parcel zoned LR3 (M), the property also carries long-term redevelopment optionality for townhomes or a larger apartment project. Current ownership has well maintained the property with meaningful recent capital improvements, while a new owner has an attractive opportunity to increase income by bringing on professional management and completing interior renovations. The majority of units feature hardwood or LVP flooring, with recent upgrades including updated cabinetry, quartz countertops, stainless-steel appliances, and mod-ern lighting. This leaves a clear and straightforward path to increasing value: finish the renovation program in the units that have not yet been updated, push parking income toward market, and add in-unit laundry to more units, which ownership has already proven out by converting one unit during their hold....
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Home facts
- Year built:1952
- Subdivision & Development:Portage Bay
- Listing ID #:2568199
- Updated:November 15, 2026 at 01:44 AM
Rooms and interior
- Flooring:Laminate, Vinyl Plank
- Living area:6,765 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Flat Roof
- Year built:1952
- Building area:6,765 sq. ft.
- Lot area:0.21 Acres
- Lot Features:Alley, Curbed Lot, Paved, Sidewalk
- Construction Materials:Brick Exterior Finish, Wood Exterior Finish
- Exterior Features:Patio
Utilities
- Sewer:Sewer Connected
Finances and disclosures
- Price:$2,750,000
- Price per sq. ft.:$406.5
- Tax amount:$29,608 (2026)
Parking
- Total parking spaces:8
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