Seattle, WA 98105 4701 5th Avenue NE

$1,499,950

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Presented By: eXp Realty and NWMLS
  • Northwest Multiple Listing Service (NWMLS) - 21 - WA
  • MLS# 2424890
  • 08/28/2025
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Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
  • SQFT • 2,900

Home Details

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!
Presented By: eXp Realty and NWMLS

Interior Features for 4701 5th Avenue NE

Bedrooms

Bedrooms Possible0
Bedrooms Upper

Bathrooms

Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper

Other Interior Features

Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringHardwood
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
Total Stories3

General for 4701 5th Avenue NE

Assoc Fee Paid PerNot Applicable
Building Area UnitsSquare Feet
Building NameUNIVERSITY HILL TRS 2ND DIV
Cap Rate2.5
Carport Spaces
Carport Y/NNo
CitySeattle
CoolingNone
CountyKing
DirectionsGPS
Electric Expense2100
Elementary SchoolJohn Stanford Intl
Fuel Expense
HOANo
HOA Fee$
HeatingRadiant
High SchoolLincoln High
High School DistrictSeattle
Insurance Expense1900
Leasable Area2070
Listing TermsCash Out, Conventional
Lot Size Square Feet4867
Lot Size UnitsSquare Feet
MLS Area705 – Ballard/Greenlake
Middle/Junior High SchoolHamilton Mid
ModificationTimestamp2025-08-29T00:28:10.330Z
NWM_ShowMapLinkY
Net Operating Income37424
New ConstructionNo
Number Of Units Total3
Open Parking Spaces10
PossessionSubject to Tenant Rights
Possible UseMulti-Family
Property ConditionGood
Property Style53 – Tri-plex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksInvestor & 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-
RoofComposition
Security FeaturesPartially Fenced
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeTriplex
Subdivision NameWallingford
Tax Annual Amount9875.46
Tax Year2025
Units Below Gradefalse
Units In Building Total3
ViewMountain(s), Sound
Water CompanyCity of Seattle
Water Sewer Garbage4800
Year Built1921
Zoning DescriptionMulti-Family

Exterior for 4701 5th Avenue NE

Building Area Total2900
Covered Spaces1
Exterior AmenitiesMetal/Vinyl
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot Dimensions4, 867
Lot FeaturesSidewalk
Lot Number30
Lot Size Acres0.1117
Parking Uncovered Spaces10
Site FeaturesCable TV, Deck, Fenced-Partially
Total Parking10
Water SourceCommunity
Waterfront Y/NNo

Additional Details

Price History

Schools

Middle School Hamilton Mid
High School Lincoln High
Elementary School John Stanford Intl Elementary School

Josh QA1

REALTOR ® SRES ®
Price $1,499,950
MLS#2424890
List Date 08/28/2025
Property Type Multi-Family
Phone 925.123.4567
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