4019 4th Ave NE

4
Baths
3,930 Sq. Ft.
$547 / Sq. Ft.
3,930
Sq. Ft.
$547
per Sq. Ft.

Description

Prime investment opportunity Seattle’s Wallingford Neighborhood, close to the University of Washington! Newly constructed duplex with 5% CAP rate-more units possible w/new laws. Limited time rate buydown of ~4.75% This is a rare offering of a high-quality modern building design with high-end finishes in a great location. Enjoy sweeping Ship Canal, Lake Union, & city views from a massive rooftop deck. Large upper 2-level Penthouse unit that's larger than most Seattle homes (2,620 SF) w/4Br/3.5BA Light-filled...Prime investment opportunity Seattle’s Wallingford Neighborhood, close to the University of Washington! Newly constructed duplex with 5% CAP rate-more units possible w/new laws. Limited time rate buydown of ~4.75% This is a rare offering of a high-quality modern building design with high-end finishes in a great location. Enjoy sweeping Ship Canal, Lake Union, & city views from a massive rooftop deck. Large upper 2-level Penthouse unit that's larger than most Seattle homes (2,620 SF) w/4Br/3.5BA Light-filled interiors, high ceilings, hardwood floors, & an envious chef’s kitchen with Bertazzoni gas range, quartz counters, eating bar, & walk-in pantry. Main floor guest bedrm & lavish 3/4 bath with heated floors + extra-large all glass walk-in shower. Primary suite with spa-like 6-piece bath (double sinks, walk-in glass enclosure mutli-head rain shower & dreamy separate free standing soaking tub), heated floors, dual walk-in closets and serene vistas. Bow window design outlining views in living room and 2nd bedroom with double closets. 2nd unit is 1-level 2Br/1.75Bth unit. Versatile short or long-term rental income potential, boosting returns & flexibility. Close to dining, shops, parks (Gas Works), Burke Gilman, & transit, blending lifestyle appeal w/solid cash flow. Rare chance to own a turnkey, income-producing asset in a vibrant Seattle neighborhood! 82 Walkscore/81 Bikescore. Easy access to UW, Children's, downtown, SLU, I-5, & Hwy 99. Includes EV charger & tandem 2 prkg.
  1. Listed by Wendy L. Carrington • John L. Scott, Inc.

Property Details for 4019 4th Avenue Northeast

Community Name
Wallingford
School District
Seattle
View
Canal, City, Lake, Mountain(s), Sound, Territorial
Total Covered Parking
0
Entry Date
01-15-2026
Energy Source
Electric,Natural Gas
Sewer
Sewer Connected

Open Houses

Saturday, Feb 21st

2:00 PM - 4:00 PM

Public

LISTING UPDATED: 02/19/2026 04:28 PM

Property Details for 4019 4th Avenue Northeast

StatusActive
MLS #2468974
Days on Market36
Cumulative Days on Market36
Taxes$19,375 / year
HOA Fees$1,200 / month
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2025
Lot Size0.09 AC / 4,000 SF
CountyKing County

Location

Listing Courtesy of John L. Scott, Inc.
Add your commute

Building Information for 4019 4th Avenue Northeast

Stories3Residences2Year Built2025Building Size-Lot Size0.09 AC / 4,000 SF

Payment Calculator

$13,293 per month

30 year fixed, 6.15% Interest

Principal and Interest

$10,479

Property Taxes

$1,615

HOA Dues

$1,200

The Payment Calculator is for illustrative purposes only.

Property Information for 4019 4th Avenue Northeast

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Fenced-Fully, High Speed Internet, Rooftop Deck
  • Area: 705 - Ballard/Greenlake
  • Effective Year Built Source: Public Records
  • Directions: From NE 40th head north on 4th Ave NE. 2nd property on the left. Park in driveway & take entry stairway up to Penthouse unit.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Garage Spaces: 0.0
  • Number of Carport Spaces: 0.0
  • Carport: No
  • 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: Ceramic Tile, Engineered Hardwood
  • New Construction: Completed
  • Cooling: Yes
  • Cooling: Ductless, Forced Air, Heat Pump
  • Fireplace: No
  • Heating: Yes
  • Heating: 90%+ High Efficiency, Ductless, Heat Pump
  • FIRPTA: No
Exterior Features
  • Exterior: Cement/Concrete, Wood
  • Roof: Flat
  • Security Features: Fully Fenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 2200
  • Power Production Type: Electric, Natural Gas
Property and Assessments
  • New Construction YN: Yes
  • Foundation: Poured Concrete
  • Zoning Remarks: Multi-Family,Residential
  • Estimated Completion Date: 2025-06-30
  • First Right Of Refusal: false
  • Possible Use: Multi-Family, Residential
  • MLS Square Footage Source: KCR
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 2025
  • Photos Count: 40
Lot Information
  • Lot Details: Curbs, Paved
  • Lot Size Source: KCR
  • Parcel Number Free Text: 2617790020
  • Calculated Square Footage: 3930
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3930.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Total Uncovered Parking: 4
  • Number of Stories in Building: 3
  • Vacancy Rate: 0
  • Number Of Units Total: 2
  • Units Below Grade: false
  • Units In Building Total: 2
Financing / Income and Expenses
  • Electric Expense: $750
  • Total Expenses: 24225
  • Gross Adjusted Income: 130680
  • Gross Rent Multiplier: 16
  • Gross Scheduled Income: $130,680
  • Insurance Expense: $1,250
  • Net Operating Income: $106,455
  • Other Expenses: $0
  • Total Monthly Income: 10890
  • Fuel Expense: $650
Unit 1
  • Name Unit 1: A
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 1310
  • Rent Unit 1: $3,895.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: B
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 2620
  • Rent Unit 2: $6,995.00
  • Bedrooms Unit 2: 4
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 3
Rental
Rent Information
  • Occupant Type: Vacant
  • Leasable Area: 3930.0

Property History for 4019 4th Avenue Northeast

DateEvent & SourcePriceAppreciation
Jan 15, 2026

Listed (Active)

NWMLS #2468974

$2,150,000
Sep 25, 2014

Sold

NWMLS #649536

$575,000
Sep 24, 2014

Sold (Public Record)

Public Record #437723064

$575,000
Jul 18, 2014

Pending

NWMLS #649536

Jun 10, 2014

Listed (Active)

NWMLS #649536

$595,000
DateEvent & SourcePrice
01/15/2026

Listed (Active)

NWMLS #2468974

$2,150,000
09/25/2014

Sold

NWMLS #649536

$575,000
09/24/2014

Sold (Public Record)

Public Record #437723064

$575,000
07/18/2014

Pending

NWMLS #649536

06/10/2014

Listed (Active)

NWMLS #649536

$595,000

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

Public Records for 4019 4th Avenue Northeast

Taxable ValueLand$516,000Additions$1,527,000Total$2,043,000
Tax Record2024$10,601 ($883 / month)
Home Facts
Total Finished SqFt3,930 SqFtAbove Ground SqFt3,930 SqFtStories3Lot Size4,000 SqFtStyleDuplexYear Built2023ZoningNR3CountyKINGAPN420690-1155

Schools near 4019 4th 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.

Similar Homes

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4019 4th Avenue Northeast is a multi-family home for sale in Seattle, WA 98105. This property was listed for sale on January 15, 2026 by John L. Scott, Inc., it's currently listed at $2,150,000. It has been on the market for a total of 36 days and was last sold on September 25, 2014. This listing's school district is Seattle Public Schools. Nearby schools include Green Lake Elementary School, Hamilton International Middle School and Lincoln High School. 4019 4th Avenue Northeast is a 6-bed, 4-bath, 3,930 sqft multi-family home built in 2025.

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 02/19/2026 04:28 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.