Greenlake 7BR Off-Market Flip 💥 Light Cosmetic Opportunity

Published: Fri, 09/26/25

Updated: Wed, 10/01/25

Greenlake 7BR Off-Market Flip 💥 Light Cosmetic Opportunity

341 NE 51st St, Seattle, WA 98105

Remodeled

Starting Price

$899,999

🏡 Property Overview:

📈 After Repair Value (ARV):$1,500,000
🛏 Beds: 7
🛁 Bath: 2
📐 Living Space: 2,840 sqft
🌳 Lot: 3,120 sqft
📅 Year: 1925
⏲️ 2 kitchens: Built in mother in law apartment or other opportunities.

Click here for more photos

✅ Finished 1,190 SqFt Basement
Fully finished daylight basement offers additional rentable space or ADU conversion potential (buyer to verify)

✅ 7 Bedrooms, 2 Bathrooms Across 2,840 SqFt
Tons of rentable square footage in a high-demand pocket of Seattle — ideal for shared housing or group rental.

✅ Multiple Exit Strategies
Flip and list, renovate and hold, or create a high-cash-flow multi-renter setup — the layout supports it all.

✅ Located in Roosevelt/Green Lake Pocket
Just minutes from Green Lake, UW, and the Roosevelt Light Rail Station — high walkability and strong rental demand.

✅ Two Full Kitchens – Ideal for Income Flexibility
Upstairs/downstairs kitchens allow for dual-rental setup or separate living quarters.

Comparables

1809 NE 63rd St, Seattle, WA 98115 - $1,550,000
4 bd 🛏️ | 2 ba 🛁 | 2,550 sqft 📐 | 1917 YR 🏡

6104 Latona Ave NE, Seattle, WA 98115 - $1,375,000

4 bd 🛏️ | 2 ba 🛁 | 2,580 sqft 📐 | 1927 YR 🏡

4737 2nd Ave NE, Seattle, WA 98105 - $1,850,000

5 bd 🛏️ | 3.5 ba 🛁 | 2,530 sqft 📐 | 1911 YR 🏡

5318 Wallingford Ave N, Seattle, WA 98103 - $1,700,000

4 bd 🛏️ | 3 ba 🛁 | 2,570 sqft 📐 | 1910 YR 🏡

ARV:

$1,500,000

Important Info:

Cash / Hard Money / Hybrid Loans only
(conventional not accepted).

Offer Review will be 6pm on Wednesday Oct 1st

Showing on Wednesday Oct 1st— request details to be added.

SKIP THE LINE: Now accepting sight unseen offers !! Must drop 20k non refundable earnest to lock the offer in.

Call/text for Appt:

(206)487-1975

TEXT DEALS to (425) 522-6934

DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action.

Disclaimer: This company makes no warranty or representation about the content of this post. It is your responsibility to independently confirm the accuracy and competencies. Any projections, opinions, or assumptions used are for example only and do not represent the current or future performance of this property.

P.O. Box 20321
Seattle WA 98102
US

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