4509 Eastern Ave N, Unit 13

3
Baths
3,300 Sq. Ft.
$527 / Sq. Ft.
3,300
Sq. Ft.
$527
per Sq. Ft.

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...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.
  1. Listed by Nona F Adams • RE/MAX Integrity

Property Details for 4509 Eastern Avenue North, Unit 13

Community Name
Wallingford
School District
Seattle
View
Territorial
Number of Assigned Spaces
11
Total Covered Parking
0
Entry Date
03-26-2025
Energy Source
Electric,Wood
Sewer
Sewer Connected
LISTING UPDATED: 01/13/2026 02:13 PM

Property Details for 4509 Eastern Avenue North, Unit 13

StatusPending
MLS #2349821
Days on Market93
Cumulative Days on Market40
Taxes$17,237 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1974
Lot Size0.16 AC / 6,840 SF
CountyKing County

Location

Listing Courtesy of RE/MAX Integrity
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Building Information for 4509 Eastern Avenue North, Unit 13

Stories2Residences5Year Built1974Building Size-Lot Size0.16 AC / 6,840 SF

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Property Information for 4509 Eastern Avenue North, Unit 13

Summary
Location and General Information
  • Style: 53 - Tri-plex
  • Site Features: Fenced-Partially
  • Area: 705 - Ballard/Greenlake
  • Elementary School: Green Lake
  • Middle Or Junior School: Hamilton Mid
  • High School: Lincoln High
  • Effective Year Built Source: Public Records
  • Directions: From I-5, take exit 169 towards NE 45th St west, left on NE 45th St, right on Eastern Ave N, property is located on the left side of the street.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Garage Spaces: 3.0
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 8.0
  • Open Parking: Yes
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, Laminate, Carpet
  • Amenities: Basement,Thermal Windows
  • Cooling: Yes
  • Cooling: Forced Air
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard, Forced Air, Wall Unit(s)
  • FIRPTA: No
Exterior Features
  • Exterior: Stucco
  • Roof: Torch Down
  • Security Features: Partially Fenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 6360
  • Power Company: Seattle City Light
  • Sewer Company: City of Seattle
  • Water Company: City of Seattle
  • Power Production Type: Electric, Wood
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: County
  • Foundation: Slab
  • Zoning Remarks: Commercial
  • First Right Of Refusal: false
  • Possible Use: Commercial
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1974
  • Photos Count: 35
Lot Information
  • Lot Details: Paved, Sidewalk
  • Lot Size Dimensions: 60' x 114
  • Lot Size Source: Public Records
  • Parcel Number Free Text: 0510001290
  • Building Condition: Good
  • Calculated Square Footage: 3300
  • Structure Type: Triplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3300.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
  • Green Energy Efficient: Thermal Windows
Multi Family
Building Details
  • Number of Uncovered Spaces: 8
  • Number of Stories in Building: 2
  • Unit Number: 1-3
  • Vacancy Rate: 3
  • Number Of Units Total: 5
  • Units Below Grade: false
  • Units In Building Total: 3
Financing / Income and Expenses
  • Electric Expense: $4,610
  • Total Expenses: 31707
  • Gross Adjusted Income: 105458
  • Gross Rent Multiplier: 16
  • Gross Scheduled Income: $108,720
  • Insurance Expense: $2,300
  • Net Operating Income: $73,751
  • Other Expenses: $1,200
  • Total Monthly Income: 9060
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: #1
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 1115
  • Rent Unit 1: $2,740.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: #2
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 1115
  • Rent Unit 2: $2,600.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 1
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: #3
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 1115
  • Rent Unit 3: $2,200.00
  • Bedrooms Unit 3: 2
  • Fireplaces Unit 3: 1
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: Garages
  • Square Feet Unit 4: 960
  • Rent Unit 4: $420.00
Unit 5
  • Name Unit 5: Basement
  • Square Feet Unit 5: 800
  • Rent Unit 5: $1,100.00
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3300.0

Property History for 4509 Eastern Avenue North, Unit 13

DateEvent & SourcePriceAppreciation
Jun 28, 2025

Price Change

NWMLS #2349821

$1,740,000—
Jun 27, 2025

Pending

NWMLS #2349821

—
Mar 26, 2025

Listed (Active)

NWMLS #2349821

$1,800,000—
DateEvent & SourcePrice
06/28/2025

Price Change

NWMLS #2349821

$1,740,000
06/27/2025

Pending

NWMLS #2349821

—
03/26/2025

Listed (Active)

NWMLS #2349821

$1,800,000

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

Schools near 4509 Eastern Avenue North, Unit 13

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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Listing Courtesy of RE/MAX Integrity

Based on information submitted to the MLS GRID as of 01/13/2026 02:13 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.