


4019 4th Avenue NESeattle, WA 98105
Multi-Family · 6 Beds · 3,930 Sq. ft. | 0.09 Acres4019 4th Avenue NE Overview
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Prime investment opportunity in Seattle’s Wallingford Neighborhood, close to the University of Washington! Newly constructed duplex with 5% CAP rate + more units possible with new zoning laws. This is a rare offering of a high-quality modern building design with high-end finishes in a great location. Enjoy sweeping Ship Canal, Lake Union, & city views from a massive rooftop deck. Large upper 2-level Penthouse unit that's larger than most Seattle homes (2,620 SF) w/4Br/3.5BA Light-filled interiors, high ceilings, hardwood floors, & an envious chef’s kitchen with Bertazzoni gas range, quartz counters, eating bar, & walk-in pantry. Main floor guest bedroom & lavish 3/4 bath with heated floors + extra-large all glass walk-in shower. Primary suite with spa-like 7-piece bath (double sinks, walk-in glass enclosure mutli-head rain shower & dreamy separate free standing soaking tub), heated floors, dual walk-in closets and serene vistas. Bow window design outlining views in living room and 2nd bedroom with double closets. 2nd unit is 1-level 2Br/1.75Bth unit. Versatile short or long-term rental income potential, boosting returns & flexibility. Close to dining, shops, parks (Gas Works), Burke Gilman, & transit, blending lifestyle appeal w/solid cash flow. Rare chance to own a turnkey, income-producing asset in a vibrant Seattle neighborhood! 82 Walkscore/81 Bikescore. Easy access to UW, Children's, downtown, SLU, I-5, & Hwy 99. Includes EV charger & tandem 2 prkg.
4019 4th Avenue NE Facts & Features
- Type Multi-Family
- Sq. ft. 3,930
- Price/Sq.ft. $527
- Lot 0.09 Acres
Details
General
Association/HOA
- Association Fee: $1,200.00
- Association Fee Frequency: Monthly
School Information
- School District: Seattle
Income/Expenses
- Other Expense: 0
- Electric Expense: 750
- Fuel Expense: 650
- Gross Scheduled Income: 130680
- Insurance Expense: 1250
- Net Operating Income: 106455
- Total Expenses: 24225
- Total Monthly Income: 10890
- Water/Sewer/Garbage: 2200
Building Information
- New Construction: Yes
- Year Built: 2025
Location/Region
- Country: US
- County Or Parish: King
- MLS Area Major: 705 - Ballard/Greenlake
- Subdivision Name: Wallingford
Tax Information
- Tax Annual Amount: $19,375.00
- Tax Year: 2025
General Information
- New Construction: Completed
- Listing Terms: Cash, Conventional
- Parcel Number: 2617790020
- Possible Use: Multi-Family,Residential
- Property Sub Type: Multi Family
- Property Type: Residential Income
- Senior Community: No
- Special Listing Conditions: None
Interior
Parking Information
- Garage Spaces: 0
Beds/Baths
- Bedrooms Upper: 0
Building Interior
- Building Area Total: 3930
- Building Area Units: Square Feet
- Calculated Square Footage: 3930
- Square Footage Finished: 0
- Square Footage Unfinished: 0
General Information
- Cooling: Yes
- Fireplace: No
- Fireplaces Total: 0
- Flooring: Ceramic Tile, Engineered Hardwood
- Foundation Details: Poured Concrete
- Heating: Yes
- Leasable Area: 3930
- Living Area: 0
- Main Level Bathrooms: 0
- Power Production Type: Electric,Natural Gas
- Security Features: Fully Fenced
- Stories Total: 3
Exterior
Parking Information
- Open Parking: No
- Parking Total: 4
- Parking Uncovered Total: 4
Lot Information
- Irrigation Water Rights: No
- Lot Features: Curbs, Paved
- Lot Size Square Feet: 4000
- Lot Size Units: Square Feet
- Site Features: Fenced-Fully, High Speed Internet, Rooftop Deck
- Elevation Units: Feet
- Water Source: Public
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Roof: Flat
- Structure Type: Duplex
General Information
- Carport Spaces: 0
- Carport: No
- Covered Spaces: 0
- Exterior Features: Cement/Concrete, Wood
- Number Of Units Total: 2
- Sewer: Sewer Connected
Unit Information
Unit 1 Details
- Actual Rent: 3895
- Beds Total: 2
- Baths Total: 2
Unit 2 Details
- Actual Rent: 6995
- Beds Total: 4
- Baths Total: 3
4019 4th Avenue NE Neighborhood
Community
98105 (Seattle) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.4019 4th Avenue NE Monthly Cost
4019 4th Avenue NE Market Data
Based on the last 30 days in this zip code
4019 4th Avenue NE History
| Date | Value | Agent |
|---|---|---|
| 5/30/2026Source: NWMLS | $2,069,950 -3.7% |
|
| 1/15/2026Source: NWMLS | January 15, 2026 |
|
| 6/20/2022Source: NWMLS | June 01, 2021 |













































