OPEN HOUSE Sun, Mar 01 2026 01:00 PM - 04:00 PM

$2,150,000

0 Beds 0 Baths 3,930 SQFT 0.09 Acres
Type: Multi-Family

4019 4th Avenue NE
Seattle, WA 98105

MLS#: 2468974
Presented by: John L. Scott, Inc. and NWMLS

Property Description

 

Prime investment opportunity Seattle’s Wallingford Neighborhood, close to the University of Washington! Newly constructed duplex with 5% CAP rate-more units possible w/new laws. Limited time rate buydown of ~4.75% 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 bedrm & lavish 3/4 bath with heated floors + extra-large all glass walk-in shower. Primary suite with spa-like 6-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.


 

Interior Features

Bedrooms

Bedrooms Upper0

Bathrooms

Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringCeramic Tile, Engineered Hardwood
Heating Y/NYes
Power Production TypeElectric, Natural Gas
Total Fireplaces0
Total Stories3

General

Assoc Fee Paid PerMonthly
Building Area Units0 sqft
Cap Rate5
Carport Spaces0
Carport Y/NNo
CitySeattle
CoolingDuctless, Forced Air, Heat Pump
CountyKing
DirectionsFrom NE 40th head north on 4th Ave NE. 2nd property on the left. Park in driveway & take entry stairway up to Penthouse unit.
Electric Expense750
Fuel Expense650
Garage Spaces0
HOAYes
HOA Fee$1200
Heating90%+ High Efficiency, Ductless, Heat Pump
High School DistrictSeattle
Insurance Expense1250
Leasable Area3,930 sqft
Listing TermsCash, Conventional
Living Area0 sqft
Lot Size Square Feet4,000 sqft
Lot Size UnitsSquare Feet
MLS Area705 - Ballard/Greenlake
NWM_ShowMapLinkY
Net Operating Income106455
New ConstructionYes
Number Of Units Total2
PossessionNegotiable
Possible UseMulti-Family, Residential
Property Style52 - Duplex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksPrime investment opportunity Seattles Wallingford Neighborhood, close to the University of Washington! Newly constructed duplex with 5% CAP rate-more units possible w/new laws. Limited time rate buydo
RoofFlat
Security FeaturesFully Fenced
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeDuplex
Subdivision NameWallingford
Tax Annual Amount$19,375
Tax Year2025
Units Below Gradefalse
Units In Building Total2
ViewCanal, City, Lake, Mountain(s), Sound, Territorial
Water Sewer Garbage2200
Year Built2025
Zoning DescriptionMulti-Family, Residential

Exterior

Building Area Total3,930 sqft
Covered Spaces0
Exterior AmenitiesCement/Concrete, Wood
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot FeaturesCurbs, Paved
Lot Size Acres0.0918
Parking Uncovered Total4
Site FeaturesFenced-Fully, High Speed Internet, Rooftop Deck
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School N/A
Elementary School N/A
Middle School N/A

  

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$2,150,000

0 Beds 0 Baths 3,930 SQFT 0.09 Acres
Type: Multi-Family

4019 4th Avenue NE
Seattle, WA 98105

MLS#: 2468974