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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.

Property Details of 3910 NE 51st Street

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Listed by Ann Carson of TEC Real Estate Inc.

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Listing data courtesy of NWMLS as provided by MLS Grid as of September 9, 2026 7:01 AM UTC . All data is obtained from various sources and has not been, and will not be, verified by broker or NWMLS. All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. Supplied Open House Information is subject to change without notice. Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Listing data shown with the three tree icon are provided courtesy of NWMLS. Some IDX listings have been excluded from this website. IDX information is provided exclusively for consumers’ personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.  The data is deemed reliable but is not guaranteed.

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