4500 1st Avenue NW Seattle WA 98107 MLS #NWM2433027

MLS #NWM2433027 image #0MLS #NWM2433027 image #1MLS #NWM2433027 image #2MLS #NWM2433027 image #3MLS #NWM2433027 image #4MLS #NWM2433027 image #5MLS #NWM2433027 image #6MLS #NWM2433027 image #7MLS #NWM2433027 image #8MLS #NWM2433027 image #9MLS #NWM2433027 image #10MLS #NWM2433027 image #11MLS #NWM2433027 image #12MLS #NWM2433027 image #13MLS #NWM2433027 image #14MLS #NWM2433027 image #15
Listing Provided Courtesy of Kidder Mathews
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.
Current real estate data for Multi Family in Seattle as of Sep 13, 2025
194
Multi Family Listed
95
Avg DOM
461
Avg $ / SqFt
$1,895,257
Avg List Price

Property Details

Price:
$5,300,000
MLS #:
NWM2433027
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subdivision:
Fremont
Neighborhood:
705ballardgreenlake
Listed Date:
Sep 12, 2025
Finished Sq Ft:
16,217
Total Sq Ft:
16,217
Lot Size:
14,400 sqft / 0.33 acres (approx)
Year Built:
1968
Units:
18
705 – Ballard/greenlake705ballardgreenlakeFremontSeattleBf DayHamilton MidLincoln High

Schools

School District:
Seattle
Elementary School:
Bf Day
Middle School:
Hamilton Mid
High School:
Lincoln High

Interior

Cooling
None
Heating
Baseboard

Exterior

Construction Materials
Wood
Exterior Features
Wood
Parking Spots
18
Roof
Composition, Flat

Financial

Net Operating Income
$262,002
Tax Year
2025
Taxes
$47,264

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Property Summary

    Located in the Fremont subdivision, 4500 1st Avenue NW Seattle WA is a Multi Family for sale in Seattle, WA, 98107. It is listed for $5,300,000 To schedule a showing of MLS#nwm2433027 at 4500 1st Avenue NW in Seattle, WA, contact your HomeSmart One Realty agent at 425-218-4178.

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