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4051 Gilman Ave W
Multi-Family
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$2,000,000

$294/sqft

4051 Gilman Ave W, Seattle

Great $/sqft
18 bd·13 ba·6,793 sqft
Built 19681 sqft lotMagnolia

4051 Gilman Ave W, Seattle, WA

18 bd · 13 ba · 6,793 sqft Multi-Family listed at $2,000,000, built in 1968 in the Magnolia neighborhood.

About this home

Portfolio of SEVEN 2 and 3 bed CONDO UNITS located at the well maintained + professionally managed Gilmanor Building, a premier Magnolia Community. Unique investment and perfect 1031 exch opportunity offers investors strong cash flow, stable rents in high appreciation zip code. Each unit is thoughtfully designed for comfort+ efficiency, ranging in size from 786-1081 sf. Units feature gas fireplaces, private balconies and newly renovated interiors. Building amenities include on-site laundry, intercom entry system, elevator, assigned parking spots and additional storage. Convenient location offers easy access to major employers, close proximity to Magnolia Village and Discovery Park. Walk Score of 77 and Bike Score of 62

Property details

Price
$2,000,000
Bedrooms
18
Bathrooms
13
Interior
6,793 sqft
Price / sqft
$294
Year built
1968
Lot size
1 sqft
Type
Multi-Family
Days on market
319
Est. property tax
$18,600/yr · $1,550/mo · 0.93% WA avg

Estimated monthly payment

Down payment20% ($400,000)
Interest rate6.75%
Principal & Interest$10,378
Property Tax$1,833
Insurance$150
Total$12,361/mo

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Price history

▼ 11.1%Most recent change on 2026-02-20: $2,250,000 → $2,000,000.

$2.42M$1.41M$391K$660K on Nov 10 (Initial list)$560K on Jun 11 (Price change)$560K on Jul 11 (Price change)$2.25M on Jun 25 (Initial list)$2M on Feb 26 (Price change)
$660K · Nov 10$2M · Feb 26
  1. Feb 20, 2026$2,000,000Price change
  2. Jun 10, 2025$2,250,000Initial list price
  3. Jul 19, 2011$560,000Price change
  4. Jun 4, 2011$560,000Price change
  5. Nov 3, 2010$660,000Initial list price

Location

This home is located in Seattle, WA. Browse more Seattle listings on the Seattle market page or explore the full Seattle market report.

Location

Map of 4051 Gilman Ave W, Seattle
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Home Intelligence

Neighborhood (zip 98199)

This neighborhood is highly educated (41% hold a bachelor's degree). Median age is 39.8; 61% of homes are owner-occupied; median household income is $168,132.

Median income
$168,132
Median age
39.8
Owner-occupied
61.1%
Bachelor's degree
40.7%
Census median home value
$1,117,900

Source: US Census Bureau American Community Survey 5-year estimates.

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