914 N 40th St

4
Baths
3,192 Sq. Ft.
$470 / Sq. Ft.
3,192
Sq. Ft.
$470
per Sq. Ft.

Description

Classic Fremont Fourplex – A charming, rock-solid century-old brick apartment building featuring four oversized 1-bedroom units, each with its own private entrance. Units include spacious living and dining rooms, updated kitchens with dishwashers, fireplaces, hardwood floors, and timeless old-world character. The top-floor units boast enclosed patios with territorial views. The property includes a massive full basement with abundant storage, coin-operated laundry, and new forced-air gas furnaces....Classic Fremont Fourplex – A charming, rock-solid century-old brick apartment building featuring four oversized 1-bedroom units, each with its own private entrance. Units include spacious living and dining rooms, updated kitchens with dishwashers, fireplaces, hardwood floors, and timeless old-world character. The top-floor units boast enclosed patios with territorial views. The property includes a massive full basement with abundant storage, coin-operated laundry, and new forced-air gas furnaces. Situated on a desirable corner lot with alley access, it also offers off-street parking. All four units are currently leased, providing immediate income stability.
  1. Listed by Sheetal Gandhi • Kelly Right RE of Seattle LLC

Property Details for 914 North 40th Street

Community Name
Kent
School District
Seattle
Number of Assigned Spaces
1
Total Covered Parking
0
Entry Date
09-24-2025
Energy Source
Natural Gas
Sewer
Available
LISTING UPDATED: 09/28/2025 04:43 PM

Property Details for 914 North 40th Street

StatusActive
MLS #2428505
Days on Market96
Cumulative Days on Market96
Taxes$13,230 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1914
Lot Size0.10 AC / 4,160 SF
CountyKing County

Location

Listing Courtesy of Kelly Right RE of Seattle LLC
Add your commute

Building Information for 914 North 40th Street

Stories2Residences4Year Built1914Building Size-Lot Size0.10 AC / 4,160 SF

Payment Calculator

$8,515 per month

30 year fixed, 6.28% Interest

Principal and Interest

$7,412

Property Taxes

$1,103

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 914 North 40th Street

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Area: 330 - Kent
  • Elementary School: Bf Day
  • Middle Or Junior School: Hamilton Mid
  • High School: Lincoln High
  • Directions: Please up GPS
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 1.0
  • 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
  • Amenities: Basement,Coin Op Laundry
  • Cooling: Yes
  • Cooling: Other – See Remarks
  • Fireplace: No
  • Heating: Yes
  • Heating: Forced Air
  • FIRPTA: No
Exterior Features
  • Exterior: Brick
  • Roof: See Remarks
Property
Utilities
  • Water/Sewer/Garbage: 3800
  • Power Production Type: Natural Gas
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Zoning Remarks: Multi-Family
  • First Right Of Refusal: true
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 21
Lot Information
  • Lot Details: Corner Lot
  • Lot Size Source: Records
  • Parcel Number Free Text: 1931300570
  • Building Condition: Remodeled
  • Calculated Square Footage: 3192
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3192.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 1
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 4
  • Units Below Grade: true
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 21677
  • Gross Adjusted Income: 99000
  • Gross Rent Multiplier: 15.2
  • Gross Scheduled Income: $99,000
  • Insurance Expense: $4,647
  • Net Operating Income: $92,500
  • Other Expenses: $0
  • Total Monthly Income: 8150
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 912
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 850
  • Rent Unit 1: $2,049.00
  • Bedrooms Unit 1: 1
  • Fireplaces Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 914
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Square Feet Unit 2: 850
  • Rent Unit 2: $1,957.00
  • Bedrooms Unit 2: 1
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 918
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Square Feet Unit 3: 850
  • Rent Unit 3: $2,149.00
  • Bedrooms Unit 3: 1
  • Fireplaces Unit 3: 1
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 916
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 850
  • Rent Unit 4: $1,995.00
  • Bedrooms Unit 4: 1
  • Fireplaces Unit 4: 1
  • Bathrooms Unit 4: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3192.0

Property History for 914 North 40th Street

DateEvent & SourcePriceAppreciation
Sep 24, 2025

Listed (Active)

NWMLS #2428505

$1,499,995
Jan 28, 2021

Sold

NWMLS #1654197

$1,207,000
Jan 15, 2021

Sold (Public Record)

Public Record #688969091

$1,207,000

+16.1% / yr

Dec 13, 2020

Pending

NWMLS #1654197

Aug 27, 2020

Listed (Active)

NWMLS #1654197

$1,250,000
Apr 17, 2018

Sold (Public Record)

Public Record #622565807

$800,000
DateEvent & SourcePrice
09/24/2025

Listed (Active)

NWMLS #2428505

$1,499,995
01/28/2021

Sold

NWMLS #1654197

$1,207,000
01/15/2021

Sold (Public Record)

Public Record #688969091

$1,207,000

+16.1% / yr

12/13/2020

Pending

NWMLS #1654197

08/27/2020

Listed (Active)

NWMLS #1654197

$1,250,000
04/17/2018

Sold (Public Record)

Public Record #622565807

$800,000

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

Public Records for 914 North 40th Street

Taxable ValueLand$832,000Additions$508,000Total$1,340,000
Tax Record2024$13,228 ($1,102 / month)
Home Facts
Total Finished SqFt3,192 SqFtAbove Ground SqFt3,192 SqFtStories2Lot Size4,160 SqFtStyleMulti-Family Dwelling (2-4)Year Built1914Year Renovated1985ZoningLR2 (M)CountyKINGAPN193130-0570Fireplace TypeHas Fireplace

Schools near 914 North 40th Street

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 8
Rating
School
Distance
B F Day Elementary School
PublicPK to 5

Hamilton International Middle School
Public6 to 8

Lincoln High School
Public9 to 12

Cascade Parent Partnership Program
PublicK to 8

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

Similar Sold Homes

914 North 40th Street is a multi-family home for sale in Seattle, WA 98103. This property was listed for sale on September 24, 2025 by Kelly Right RE of Seattle LLC, it's currently listed at $1,499,995. It has been on the market for a total of 96 days and was last sold on January 28, 2021. This listing's school district is Seattle Public Schools. Nearby schools include B F Day Elementary School, Hamilton International Middle School and Lincoln High School. 914 North 40th Street is a 4-bed, 4-bath, 3,192 sqft multi-family home built in 1914.

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 Kelly Right RE of Seattle LLC

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/29/2025 03:05 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.