4002 2nd Ave NE

4.5
Baths
4,120 Sq. Ft.
$339 / Sq. Ft.
4,120
Sq. Ft.
$339
per Sq. Ft.

Description

A Rare Opportunity to acquire a site perfect for Seattle's Middle Housing Plan. Site size should support a 4 Townhome configuration(buyer to verify). Transit rich location-on the Frequent Transit Network. Great view potential-Roof Top Decks? -capture Lake Union, Downtown Seattle w/Space Needle significantly boosting Sale Value! Existing Triplex provides interim income. Unmatched Location and Lifestyle Appeal! A Rare Find: Transit-Oriented, View-Oriented and positioned for immediate use under Seattle's...A Rare Opportunity to acquire a site perfect for Seattle's Middle Housing Plan. Site size should support a 4 Townhome configuration(buyer to verify). Transit rich location-on the Frequent Transit Network. Great view potential-Roof Top Decks? -capture Lake Union, Downtown Seattle w/Space Needle significantly boosting Sale Value! Existing Triplex provides interim income. Unmatched Location and Lifestyle Appeal! A Rare Find: Transit-Oriented, View-Oriented and positioned for immediate use under Seattle's Middle Housing Plan. Premium Site only blocks to Gas Works Park, Lake Union Waterfront and Burke-Gilman Trail! Exceptional Opportunity to deliver a highly competitive townhome product in The Prime Wallingford Neighborhood!

Property Details for 4002 2nd Avenue Northeast

Community Name
Wallingford
School District
Seattle
View
City, Lake
Number of Assigned Spaces
3
Total Covered Parking
1
Entry Date
12-19-2025
Energy Source
Electric,Natural Gas
Sewer
Sewer Connected
LISTING UPDATED: 12/30/2025 01:13 PM

Property Details for 4002 2nd Avenue Northeast

StatusActive
MLS #2463024
Days on Market72
Cumulative Days on Market72
Taxes$12,218 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1923
Lot Size0.11 AC / 4,670 SF
CountyKing County

Location

Listing Courtesy of John L. Scott, Inc.
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Building Information for 4002 2nd Avenue Northeast

Stories3Residences3Year Built1923Building Size-Lot Size0.11 AC / 4,670 SF

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Property Information for 4002 2nd Avenue Northeast

Summary
Location and General Information
  • Style: 53 - Tri-plex
  • Site Features: Deck, Patio
  • Area: 705 - Ballard/Greenlake
  • Block: 10
  • Effective Year Built Source: Public Records
  • Directions: East or West on 40th in Wallingford Neighborhood. Property is on the Northeast corner of 40th and 2nd NE
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Number of Carport Spaces: 2.0
  • Carport: No
  • Open Parking Spaces: 0.0
  • Open Parking: No
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Softwood, Vinyl, Carpet
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard, Forced Air
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
Property
Utilities
  • Water/Sewer/Garbage: 0
  • Power Company: Seattle City Light / PSE
  • Sewer Company: Seattle Combined
  • Water Company: Seattle Combined
  • Power Production Type: Electric, Natural Gas
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Remarks: Residential
  • First Right Of Refusal: false
  • Possible Use: Residential
  • MLS Square Footage Source: Public Records
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1923
  • Photos Count: 16
Lot Information
  • Lot Details: Corner Lot, Curbs, Paved, Sidewalk
  • Lot Size Dimensions: 47 X 100
  • Lot Number: 19
  • Lot Size Source: Public Records
  • Parcel Number Free Text: 4206901370
  • Building Condition: Average
  • Calculated Square Footage: 4120
  • Structure Type: Triplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 4120.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 0
  • Number of Stories in Building: 3
  • Vacancy Rate: 0
  • Number Of Units Total: 3
  • Units Below Grade: true
  • Units In Building Total: 3
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 27800
  • Gross Adjusted Income: 67800
  • Gross Rent Multiplier: 20.6
  • Gross Scheduled Income: $67,800
  • Insurance Expense: $333
  • Net Operating Income: $40,000
  • Other Expenses: $15,249
  • Total Monthly Income: 5650
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Square Feet Unit 1: 1275
  • Rent Unit 1: $1,550.00
  • Bedrooms Unit 1: 2
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 2
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Square Feet Unit 2: 1590
  • Rent Unit 2: $1,950.00
  • Bedrooms Unit 2: 2
  • Bathrooms Unit 2: 2
Unit 3
  • Name Unit 3: 3
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Square Feet Unit 3: 1274
  • Rent Unit 3: $2,150.00
  • Bedrooms Unit 3: 2
  • Bathrooms Unit 3: 2
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 4120.0

Property History for 4002 2nd Avenue Northeast

DateEvent & SourcePriceAppreciation
Dec 19, 2025

Listed (Active)

NWMLS #2463024

$1,395,000—
DateEvent & SourcePrice
12/19/2025

Listed (Active)

NWMLS #2463024

$1,395,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4002 2nd Avenue Northeast

Taxable ValueLand$605,000Additions$629,000Total$1,234,000
Tax Record2024$12,013 ($1,001 / month)
Home Facts
Baths3.5Total Finished SqFt5,420 SqFtAbove Ground SqFt4,120 SqFtFinished Basement SqFt1,300 SqFtStories2Lot Size4,670 SqFtStyleTriplexYear Built1923ZoningNR3CountyKINGAPN420690-1370Fireplace TypeHas Fireplace

Schools near 4002 2nd Avenue Northeast

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Green Lake Elementary School
PublicPK to 5

Hamilton International Middle School
Public6 to 8

Lincoln High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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4002 2nd Avenue Northeast is a multi-family home for sale in Seattle, WA 98105. This property was listed for sale on December 19, 2025 by John L. Scott, Inc., it's currently listed at $1,395,000. This listing's school district is Seattle Public Schools. Nearby schools include Green Lake Elementary School, Hamilton International Middle School and Lincoln High School. 4002 2nd Avenue Northeast is a 6-bed, 4.5-bath, 4,120 sqft multi-family home built in 1923.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of John L. Scott, Inc.

Based on information submitted to the MLS GRID as of 12/30/2025 01:13 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.