Views
Listed By:
Kelly Right RE of Seattle LLC and NWMLS
Address
914 N 40th Street, Seattle, WA
Price
$ 1,499,995
Property Attributes
  • ID#2428505
  • TypeMulti-Family
  • CountyKING
  • CitySeattle
  • AreaBallard-Greenlake
  • NeighborhoodFremont
  • Zip98103
  • Style4-Plex
  • Year Built1914
  • Taxes$ 13230
  • Price$ 1,499,995
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3192
  • Lot Size0.0955 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description

Classic Fremont Fourplex – A charming, rock-solid century-old brick apartment building featuring four oversized 1-bedroom units, each with its own private entrance. Units include spacious living and dining rooms, updated kitchens with dishwashers, fireplaces, hardwood floors, and timeless old-world character. The top-floor units boast enclosed patios with territorial views. The property includes a massive full basement with abundant storage, coin-operated laundry, and new forced-air gas furnaces. Situated on a desirable corner lot with alley access, it also offers off-street parking. All four units are currently leased, providing immediate income stability.

Elementary School Middle School High School
Bf Day Elementary School Hamilton Mid Lincoln High
Price History
7/28/2026 Listed $1,499,995

General Features

Sewer Available
Heating Forced Air
Cooling See Remarks
Possession Closing
Roof See Remarks
Year Built 1914
Property Subtype Multi Family
Tax Year 2024
County King
Net Operating Income 92500
Insurance Expense 4647
New Construction No
Property Type Residential Income
HOA No
Subdivision Name Fremont
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions Please up GPS
High School Lincoln High
City Seattle
Senior Community Y/N No
High School District Seattle
Zoning Description Multi-Family
Open Parking Spaces 1
Number Of Units Total 4
MLS Area 705 - Ballard/Greenlake
Lot Size Units Square Feet
Lot Size Square Feet 4160
Carport Y/N No
Listing Terms Cash,Conventional
Elementary School Bf Day
Tax Annual Amount 13230
Middle/Junior High School Hamilton Mid
Property Condition Updated/Remodeled
Public Remarks Classic Fremont Fourplex A charming,rock-solid century-old brick apartment building featuring four oversized 1-bedroom units,each with its own private entrance. Units include spacious living and din
Leasable Area 3192
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Active
Amenities Basement,Coin Op Laundry
Units Below Grade true
Units In Building Total 4
Water Sewer Garbage 3800
Property Style 54 - 4-Plex
Cap Rate 5.72
NWM_ShowMapLink Yes

Interior Features

Total Stories 2
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Power Production Type Natural Gas

Exterior Features

Exterior Amenities Brick
Lot Features Corner Lot
Building Area Total 3192
Lot Size Acres 0.0955
Waterfront Y/N No
Irrigation Water Rights Y/N No
Parking Uncovered Spaces 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 98103

Price
AVG $1.75M
$1.5M
Taxes
AVG $15,832
$13,230
Year Built
AVG 1940
1914
Visits
AVG 171
49
Data Provided by Inside Real Estate®

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