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$4,600,000
362 Days On Site
401 NE 40th StreetSeattle, WA 98105
Multi Family|Pending
0
Beds
0
Total Baths
15,433
SqFt
$298
/SqFt
1964
Built
Cumulative Days On Market:
313
Subdivision:
Wallingford
County:
King
Courtesy of NWMLS
Listing courtesy of Dan Swanson of Kidder Mathews
Listing courtesy of Dan Swanson of Kidder Mathews
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Monthly Payment (Est.)
$20,987Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.
A well maintained Multi-family asset in Seattle's walkable Wallingford neighborhood, one of the city's most coveted communities. Situated on a corner lot, the property is steps away from Lake Union, Gas Works Park and Burke Gilman Trail. On the market for the first time, featuring 15 units averaging 828 square feet. Most units offer views of Lake Union and all features large balconies. Secure entry, durable copper supply plumbing, cast iron drains and updated Square D electrical subpanels. 20 parking spaces (6 covered) large resident storage room and common laundry on two floors. A 5.3% cap rate on rents as of February 2026 (increase notice already sent) and current expenses with upside.
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Listing Snapshot
Price
$4,600,000
Days On Site
362 Days
Bedrooms
N/A
Inside Area (SqFt)
15,433 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.2448 Acres
Year Built
1964
MLS® Number
2433143
Status
Pending
Property Tax
$44,158
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 3 months ago | Listing updated with changes from the MLS® | |
| 3 months ago | Status changed to Pending | |
| 12 months ago | Listing first seen on site |
General Features
Acres
0.2448
Additional Property Use
Multi-Family
Carport
6
Number Of Stories
3
Parking Spaces
14
Property Sub Type
Multi Family
SqFt Total
15433
Utilities
Sewer Connected
Water Source
Public
Zoning
Multi-Family
Interior Features
Heating
ElectricBaseboard
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Exterior Features
Construction Details
BrickStuccoWood Siding
Lot Features
Corner LotPaved
Roof
Flat
View
CanalCityLakeTerritorial
Waterview
CanalCityLakeTerritorial
Community Features
Association Amenities
Coin LaundryStorage
MLS Area
705 - Ballard/Greenlake
School District
Seattle
Financing Terms Available
CashConventional
Schools
School District
Seattle
Elementary School
Green Lake
Middle School
Hamilton Mid
High School
Lincoln High
Courtesy of NWMLS
Listing courtesy of Dan Swanson of Kidder Mathews
Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2026-09-10 08:56 AM PDT
Listing courtesy of Dan Swanson of Kidder Mathews
Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2026-09-10 08:56 AM PDT
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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