Listing provided courtesy of RE/MAX IntegrityNWMLSas Distributed by MLSGrid- MLS# NWM2349821MLS Provider

4509 Eastern Avenue N #1-3Seattle, WA 98103

Multi-Family · 6 Beds · 3,300 Sq. ft. | 0.16 Acres
$1,740,000 Pending

4509 Eastern Avenue N #1-3 Overview

Visits:
6

Prime Wallingford triplex ideally situated in a vibrant business and shopping district with convenient access to I-5. Each unit bright and spacious 2-bedroom, 1-bath. Features a durable Marblecrete exterior. Boasting a remarkable walk score of 93, the property is just steps from restaurants, shops, a grocery store, Greenlake, and Woodland Park. Highly desirable and easy to rent, with units rarely vacant. Current income, expenses, and CAP rate reflect strong financial performance. Three garage spaces are rented separately (1-owner, 2-$150, 3-$270). On-site laundry with a free washer and dryer for tenants. Basement has maintenance storage 500 sf. Enjoy a private courtyard on the side of the building and a rear yard for added outdoor space.

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4509 Eastern Avenue N #1-3 Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,300
  • Price/Sq.ft. $527
  • Lot 0.16 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Seattle
  • Elementary School: Green Lake
  • Middle Or Junior School: Hamilton Mid
  • High School: Lincoln High

Green Features

  • Green Energy Efficient: Thermal Windows

Income/Expenses

  • Other Expense: 1200
  • Electric Expense: 4610
  • Fuel Expense: 0
  • Gross Scheduled Income: 108720
  • Insurance Expense: 2300
  • Net Operating Income: 73751
  • Total Expenses: 31707
  • Total Monthly Income: 9060
  • Water/Sewer/Garbage: 6360

Building Information

  • New Construction: No
  • Year Built: 1974

Location/Region

  • Country: US
  • County Or Parish: King
  • MLS Area Major: 705 - Ballard/Greenlake
  • Subdivision Name: Wallingford

Community/Development

  • Amenities: Basement,Thermal Windows

Tax Information

  • Tax Annual Amount: $17,237.00
  • Tax Year: 2024

General Information

  • Listing Terms: Cash, Conventional, VA Loan
  • Parcel Number: 0510001290
  • Possible Use: Commercial
  • Property Condition: Good
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage Spaces: 3

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 3300
  • Building Area Units: Square Feet
  • Calculated Square Footage: 3300
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: Yes
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Ceramic Tile, Laminate, Carpet
  • Foundation Details: Slab
  • Heating: Yes
  • Leasable Area: 3300
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric,Wood
  • Security Features: Partially Fenced
  • Stories Total: 2

Unit Information

  • Unit Number: 1-3

Exterior

Parking Information

  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Parking Uncovered Spaces: 8

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Paved, Sidewalk
  • Lot Size Acres: 0.157
  • Lot Size Dimensions: 60' x 114
  • Lot Size Square Feet: 6840
  • Lot Size Units: Square Feet
  • Site Features: Fenced-Partially
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Roof: Torch Down
  • Structure Type: Triplex

General Information

  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: 0
  • Exterior Features: Stucco
  • Number Of Units Total: 5
  • Sewer: Sewer Connected

Unit Information

Unit 5 Details

  • Actual Rent: 1100

Unit 3 Details

  • Actual Rent: 2200
  • Beds Total: 2
  • Baths Total: 1

Unit 2 Details

  • Actual Rent: 2600
  • Beds Total: 2
  • Baths Total: 1

Unit 1 Details

  • Actual Rent: 2740
  • Beds Total: 2
  • Baths Total: 1

Unit 4 Details

  • Actual Rent: 420

4509 Eastern Avenue N #1-3 Neighborhood

Community

98103 (Seattle) Demographics

34
Median Age
10,237
Population Density (per sq. mile)
80%
College Educated
$105,480
Estimated Median Income
11,738
Estimated Total Home Owners
14,576
Estimated Total Renters
45% / 55%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

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.

4509 Eastern Avenue N #1-3 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

4509 Eastern Avenue N #1-3 Market Data

Based on the last 30 days in this zip code

$871,683
Average List Price
$580
Average Price per Square Foot
63
Properties Sold
56
Average Days on Market
255
Properties for Sale
Calculations provided by Reliance Network

4509 Eastern Avenue N #1-3 History

Date Event Value Agent
6/28/2025Source: NWMLS Status Change
Pending
6/3/2025Source: NWMLS Price Reduction
$1,740,000 -3.3%
6/3/2025Source: NWMLS Status Change
Active
4/11/2025Source: NWMLS Status Change
Pending Feasibility
3/26/2025Source: NWMLS Added to Database
March 26, 2025