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

$1,700,000
Last sold 06/26/2026 after 457 Days
—
bed
—
bath
3,300
Sqft ($515/Sqft)

House not for sale

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About 4509 Eastern Ave N #1-3

Property type House

Neighborhood

Year built 1974

HOA fee $0/month

Lot size 6,840 Sqft

Movoto estimate

Parking 3 garage spaces

Property description

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.

Listed by

Listing Agent - James Christoforou

Listing Office - RE/MAX Integrity

Source: NWMLS

MLS#2349821 • last updated 1 month ago

Movoto checked NWMLS for data 6 minutes ago

Overview
Cooling/AC	Forced Air
Levels/Style	Triplex
MLS #	2349821
SubType	Multi Family
Type	Residential Income
SqFt	3300
Status	Sold
Lot Size (SqFt)	6840
Lot Size (Acres)	0.157
Property Tax	17237
Year Built	1974
Buying Office Phone	206-324-8900
Condition	Good

Interior

Exterior
Foundation	Slab
Roof	Torch Down
Construction	Stucco
# Open Parking Spaces	8
# Garage Spaces	3
# Uncovered Spaces	8
Exterior Features	Stucco

Amenities / Utilities
Green Features: Energy Efficient	Thermal Windows
Sewer/ Septic	Sewer Connected, City Of Seattle
Water	Public
Water Company	City Of Seattle
Power Company	Seattle City Light
Power Production: Type	Electric, Wood
Security Features	Partially Fenced
HOA Amenities	Basement, Thermal Windows

Location
View	Territorial
County	King
Subdivision	Wallingford
Area	705 - Ballard/Greenlake
Elementary School	Green Lake
Middle School	Hamilton Mid
High School District	Seattle
High School	Lincoln High
APN	510001290
Zoning	Commercial

Multifamily Details
Net Operating Income	73751
Capitalization Rate	4
Expense: Insurance	2300
Expense: Electricity	4610
Gross Scheduled Income	108720
Expense: Other	1200
Gross Adjusted Income	105458
Total Expenses	31707
Gross Rent Multiplier	16
Nwm_Totalmonthlyincome	9060
Vacancy Rate	3

Lot/ Land Details
Site Features	Fenced-Partially

$1.79M

Range: $1.61M-$1.97M

Last 30 days

Rental est.: $739/month

• Gross rent multiplier: 191.8

Lower your payment with the loan terms that fit you.

Jun 2026
MLS # 2349821
Jun 26, 2026 Sold
$1,700,000 (-5.6%)
Apr 11, 2025 Pending
—
Mar 26, 2025 Listed
$1,800,000

4509 Eastern Ave N #1-3
$1.7M
Wallingford
$919K -7% y/y
98103
$759K -9% y/y
Seattle
$679K -15% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
4515 Eastern Ave N, Seattle, WA 98103	$1,683,000	4/1	2,220	0.01
4521 Eastern Ave N, Seattle, WA 98103	$1,398,000	3/1	1,690	0.02
4525 Eastern Ave N, Seattle, WA 98103	$1,476,000	6/2	2,190	0.03
4514 Eastern Ave N, Seattle, WA 98103	$1,171,000	3/1	1,530	0.03
4508 Eastern Ave N, Seattle, WA 98103	$1,195,000	3/1	1,220	0.03
4510 Eastern Ave N, Seattle, WA 98103	$1,584,000	4/2	2,760	0.03
4520 Eastern Ave N, Seattle, WA 98103	$1,059,000	3/1	1,340	0.03
4529 Eastern Ave N, Seattle, WA 98103	$1,147,000	2/2	1,380	0.03

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.