4509 Eastern Avenue N Unit #1-3, Seattle, WA 98103

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Listing courtesy of RE/MAX Integrity. Selling Office: Windermere RE/Capitol Hill,Inc.

Sold Price
$1,700,000
List Price
$1,740,000
Status
SOLD
MLS#
2349821
Closing Date
Jun 26, 2026
Days on Market
40
Style
53 - Tri-plex
Building Condition
Good
Finished SqFt
3,300
Area Total SqFt
3300
Annual Tax Ammount
17237
Internet Provider
Xfinity
Lot Size (sq ft)
6,840
Sewer
Sewer Connected

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.

Additional Information

List Date
2026-05-17 00:00:00
Community
Wallingford
Net Operating Income
$73,751
Gross Adjusted Income
$105,458
Gross Scheduled Income
$108,720
Total Monthly Income
$9,060
Insurance Expenses
$2,300
Water/Sewer/Garbage Expenses
$6,360
Gross Rent Multiplier
16
Total Expenses
$31,707
Cap Rate
4
Vacancy Rate
3
Total Number of Units
5
Unit Name
4509
Potential Terms
Cash, Conventional, VA Loan
Year Built
1974
View
Territorial
Roof
Torch Down
Site Features
Fenced-Partially
Electric Expenses
4610
Other Expenses
1200
Energy Source
Electric, Wood
School District
Seattle
Elementary School
Green Lake
Middle School
Hamilton Mid
High School
Lincoln High
Total Monthly Income
$9,060
Gross Scheduled Income
$108,720
Vacancy Rate
3
Gross Adjusted Income
$105,458
Tax Year
2024
Insurance Expense
$2,300
W/S/G Expenses
$6,360
Total Expenses
$31,707
Net Operating Income
$73,751
Gross Rent Multiplier
16
Cap Rate
4
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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