Seattle, WA 98107 4500 1st Avenue NW
$5,300,000
11 more
Presented By: Kidder Mathews and NWMLS
- MLS# 2433027
- 09/12/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 16,217
Home Details
Located in Seattle’s desirable upper Fremont neighborhood just a 3-minute walk from Fremont Peak Park and within walking distance of the zoo. On the market for the first time, the property features 1- and 2-bed units plus a 1,500-SF 3-bed/2-bath penthouse (ideal for an owner-occupant). Floorplans average 860 SF. Dining areas, dishwashers, private decks/patios, abundant natural light, and many residents enjoy stunning views of the ship canal, Ballard, and Magnolia. 18 off-street parking spaces, secured entry, a resident laundry and storage room, copper supply plumbing, and updated ITE electrical subpanels. Westwind Apartments offers a 4.9% cap rate on rents as of February 2026 (increases already posted) and current expenses with upside.
Presented By: Kidder Mathews and NWMLS
Interior Features for 4500 1st Avenue NW
Bedrooms
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
Total Stories4
General for 4500 1st Avenue NW
AmenitiesCoin Op Laundry
Building Area UnitsSquare Feet
Cap Rate4.94
Carport Spaces
Carport Y/NNo
CitySeattle
CoolingNone
CountyKing
DirectionsProperty is on corner of 1st Ave NW and NW 45th St.
Electric Expense
Elementary SchoolBf Day
Fuel Expense
HOANo
HOA Fee$
HeatingBaseboard
High SchoolLincoln High
High School DistrictSeattle
Insurance Expense13500
Leasable Area13767
Listing TermsCash Out, Conventional
Lot Size Square Feet14400
Lot Size UnitsSquare Feet
MLS Area705 – Ballard/Greenlake
Middle/Junior High SchoolHamilton Mid
ModificationTimestamp2025-09-12T19:11:10.904Z
NWM_ShowMapLinkY
Net Operating Income262002
New ConstructionNo
Number Of Units Total18
Open Parking Spaces18
PossessionClosing, Subject to Tenant Rights
Possible UseMulti-Family
Property Style56 – 10+ Units
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksLocated in Seattles desirable upper Fremont neighborhood just a 3-minute walk from Fremont Peak Park and within walking distance of the zoo. On the market for the first time, the property features 1-
RoofComposition, Flat
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeMulti Family
Subdivision NameFremont
Tax Annual Amount47264
Tax Year2025
Units Below Gradetrue
Units In Building Total18
ViewCanal, Mountain(s), Territorial
Water Sewer Garbage20427
Year Built1968
Zoning DescriptionMulti-Family
Exterior for 4500 1st Avenue NW
Building Area Total16217
Covered Spaces
Exterior AmenitiesWood
Irrigation Water Rights Y/NNo
Lot FeaturesCorner Lot, Curbs, Paved
Lot Size Acres0.3306
Parking Uncovered Spaces18
Total Parking18
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
Middle School
Hamilton Mid
Elementary School
Bf Day Elementary School
High School
Lincoln High
Josh QA1
REALTOR ® SRES ®