Welcome to Whatcom | John L. Scott Bellingham
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$1,100,000

Active

Listing provided by Francis Roman, Synergy Mrgrs & Acq. LLC

16

DOM

Ask Austin

About this property.

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.

Property details.

Property TypeResidential Income
Sub TypeMulti Family
Stories1
Year Built1950
Lot Acres0.07
Garage2 car
List Price$1,100,000
MLS StatusActive

Features.

Exterior

Brick

Heating

BaseboardDuctlessForced Air

Cooling

Ductless

Flooring

Bamboo/CorkCeramic TileHardwoodVinyl

View

MountainsSoundTerritorial

Site Features

Fenced-Partially,High Speed Internet

Agent information.

List AgentFrancis Roman
List OfficeSynergy Mrgrs & Acq. LLC
Austin Hudspeth

Austin Hudspeth

Licensed Broker · John L. Scott Real Estate

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Listed by: Francis Roman, Synergy Mrgrs & Acq. LLC

Courtesy of Synergy Mrgrs & Acq. LLC

Source: NWMLS, MLS#: 2518454NWMLS

NWMLS

Listing data deemed reliable but not guaranteed. Based on information submitted to the MLS GRID as of 05/14/2026, 03:00:46 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Provided by NWMLS as distributed by MLS Grid.

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