4701 5th Avenue NE Seattle, WA $ 1,499,950
4701 5th Avenue NE
$ 1,499,950
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4701 5th Avenue NE

Seattle, WA, 98105
$ 1,499,950
Baths0.0 Sq 2,900

Monthly Estimate*

$ 9,358

Listed by eXp Realty
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Studio

Multi-Family Home for sale in Seattle, WA

for $1,499,950. This 2,900 square foot home was built in 1921 on a lot size of 0.1117.

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!

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Multi-Family Active

Price

$ 1,499,950

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 9,875

Style

Tri-plex

Lot Size

0.1117

Year Built

1921

Town/City

Seattle

County/Region

King

MLS | Web ID

2424890

Features
General
Living Area 0
Sewer Sewer Connected
Heating Radiant
Cooling None
Possession Subject to Tenant Rights
Roof Composition
HOA Fee 0
Security Features Partially Fenced
Year Built 1921
View Mountain(s) Sound
Property Subtype Multi Family
Tax Year 2025
Building Name UNIVERSITY HILL TRS 2ND DIV
Assoc Fee Paid Per Not Applicable
County King
Net Operating Income 37424
Insurance Expense 1900
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Wallingford
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions GPS
High School Lincoln High
City Seattle
Senior Community Y/N N
High School District Seattle
Zoning Description Multi-Family
Open Parking Spaces 10
Number Of Units Total 3
MLS Area 705 - Ballard/Greenlake
Lot Size Units Square Feet
Lot Size Square Feet 4867
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional
Elementary School John Stanford Intl
Tax Annual Amount 9875.46
Electric Expense 2100
Fuel Expense 0
Middle/Junior High School Hamilton Mid
Property Condition Good
Public Remarks 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-
Leasable Area 2070
Structure Type Triplex
Building Area Units Square Feet
Standard Status Active
Water Company City of Seattle
Units Below Grade false
Units In Building Total 3
Water Sewer Garbage 4800
Property Style 53 - Tri-plex
Cap Rate 2.5
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Exterior
Exterior Amenities Metal/Vinyl
Lot Features Sidewalk
Water Source Community
Total Parking 10
Foundation Details Poured Concrete
Building Area Total 2900
Lot Dimensions 4 867
Lot Size Acres 0.1117
Waterfront Y/N N
Covered Spaces 1
Irrigation Water Rights Y/N N
Site Features Cable TV Deck Fenced-Partially
Parking Uncovered Spaces 10
Lot Number 30
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Interior
Flooring Hardwood
Total Fireplaces 0
Total Stories 3
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Bedrooms Possible 0
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2424890
Street Number 1 4701
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* Excluded Features
List By
Bobby Mollish

Listing Agent

Exp Realty

Broker

Affordability Calculator

$10,181
Per Month
92%
8%
0%
Monthly Principal & Interest
$9,358
Monthly Property Taxes
$823
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4507622 Elementary School
257475 Middle School
Lincoln High High School
Pricing History
DatePricePrice ChangeDescription
8/29/2025$1,499,950 Listed Price

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4701 5th Avenue NE, Seattle, WA, 98105 is a Multi-Family Home for sale at $1,499,950 with 2,900 sqft and a lot size of 0.1117. 4701 5th Avenue NE is a studio with 0.0 baths and was built in 1921. The property's zip code is 98105 which is in Seattle, WA