4701 5th Avenue NE Seattle, WA 98105

$1,499,950
0.11
Acres
2,900
SQFT
517
$/SQFT
$1,499,950
2,900   sf
$517 / sf
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active
1/40
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Investor & developer alert! Rarely available triplex on a prime Seattle corner lot w/0% vacancy since the ’70s. Main floor features a spacious 2BD/1BA w/fireplace, kitchen, nook, large living room & sun-bathed den. Upstairs offers a studio + 1BD, both w/kitchens, decks & panoramic Mt. Rainier views—potential to merge into a 2BD for higher rents. 800+ sq ft basement is a value-add dream w/space for extra unit(s), bath & garage. Recent capital improvements: roof, siding, gutters & plumbing. Seconds to I-5, minutes to Wallingford, U-District, light rail & bus lines. Backyard presents ADU potential. Endless upside: cash flow, redevelopment, or repositioning in one of Seattle’s hottest rental markets. Rare chance to own a legacy asset!

Investor & developer alert! Rarely available triplex on a prime Seattle corner lot w/0% vacancy since the ’70s. Main floor features a spacious 2BD/1BA w/fireplace, kitchen, nook, large living room & sun-bathed den. Upstairs offers a studio + 1BD, both w/kitchens, decks & panoramic Mt. Rainier views—potential to merge into a 2BD for higher rents. 800+ sq ft basement is a value-add dream w/space for extra unit(s), bath & garage. Recent capital improvements: roof, siding, gutters & plumbing. Seconds to I-5, minutes to Wallingford, U-District, light rail & bus lines. Backyard presents ADU potential. Endless upside: cash flow, redevelopment, or repositioning in one of Seattle’s hottest rental markets. Rare chance to own a legacy asset!

  • Neighborhood
  • Type
  • County
    King
  • Area
    705 - Ballard/Greenlake
  • Tax Amount
    $9,875
  • Status
    Active
  • Listing #
    2424890
  • Built
    1921
  • Lot Size
    0.11
  • Listed on site
    1 day

Listed by:
eXp Realty

Listing information © 2023 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by LaVerne Pike - Windermere Real Estate - and should be verified by the buyer. The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Laverne Pike - Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2025-08-30 20:33:40. DMCA
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  • No HOA
  • No Adult Community

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  • No Pool
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