1400 North 46th Street

Seattle, WA 98103

$2,650,000
Price
8
Beds
6
Baths
3,600 Sq. Ft.
$736 / Sq. Ft.
3,600
Sq. Ft.
$736
per Sq. Ft.

Description

Well maintained 6 plex near Greenlake. Charming corner lot building located just off Stone Way on the corner of Interlake Ave and N 46th. Located within blocks of the building are renowned coffee shops, retail, and restaurants, and it is within close proximity to the Woodland Park Zoo, Greenlake, and just under a mile from Lake Union and a biker’s paradise, the Burke Gilman Trail. Mixture of studio, 1 bedroom and 2 bedroom units. Parking lot with two tandem carport stalls. All units have seen upgrades....Well maintained 6 plex near Greenlake. Charming corner lot building located just off Stone Way on the corner of Interlake Ave and N 46th. Located within blocks of the building are renowned coffee shops, retail, and restaurants, and it is within close proximity to the Woodland Park Zoo, Greenlake, and just under a mile from Lake Union and a biker’s paradise, the Burke Gilman Trail. Mixture of studio, 1 bedroom and 2 bedroom units. Parking lot with two tandem carport stalls. All units have seen upgrades. Vinyl plank flooring, new carpets, new finishes. Most have a deck or patio. Potential for rent increases!
  1. Listed by Elena A. Neely • My Seattle Realty, Inc
  2. Listed by Daria Gjylameti • My Seattle Realty, Inc

Property Details for 1400 North 46th Street

Community Name
Wallingford
School District
Seattle
View
Territorial
Number of Assigned Spaces
6
Total Covered Parking
0
Entry Date
04-24-2024
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of My Seattle Realty, Inc
Add your commute
LISTING UPDATED: 04/28/2024 01:27 PM

Property Details for 1400 North 46th Street

StatusActive
MLS #2228162
Days on Market11
Cumulative Days on Market35
Taxes$15,636 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1961
Lot Size0.11 AC / 5,000 SF
CountyKing County

Location

Listing Courtesy of My Seattle Realty, Inc
Add your commute

Building Information for 1400 North 46th Street

Stories3Residences6Year Built1961Building Size-Lot Size0.11 AC / 5,000 SF

Payment Calculator

$15,765 per month

30 year fixed, 7.25% Interest

Principal and Interest

$14,462

Property Taxes

$1,303

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1400 North 46th Street

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Site Features: Deck, Patio
  • Area: 705 - Ballard/Greenlake
  • Effective Year Built Source: Public Records
  • Directions: Take 42nd St exit of off I5 toward U of Washington. Right on 7th. Right on 40th. Right on Wallingford. Left on 45th St. Right on Woodlawn. At traffic circle take the 3rd exit onto N 46th.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2023
Parking
  • Number of Carport Spaces: 2.0
  • Carport: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Floor Covering: Vinyl Plank
  • Amenities: Basement,Coin Op Laundry,Fire Sprinklers,Storage
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Cement Planked
  • Roof: Flat
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 7525
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Block
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • MLS Square Footage Source: Realist
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1961
  • Photos Count: 15
Lot Information
  • Lot Details: Corner Lot, Curbs, Paved
  • Lot Size Source: Realist
  • Parcel Number Free Text: 6865200805
  • Calculated Square Footage: 3600
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3600.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 4
  • Number of Stories in Building: 3
  • Vacancy Rate: 0
  • Number Of Units Total: 6
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $600
  • Total Expenses: 28220
  • Gross Adjusted Income: 151283
  • Gross Rent Multiplier: 17.5
  • Gross Scheduled Income: $151,283
  • Insurance Expense: $4,159
  • Net Operating Income: $123,027
  • Other Expenses: $300
  • Total Monthly Income: 12606
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 1100
  • Rent Unit 1: $2,125.00
  • 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
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 850
  • Rent Unit 2: $1,850.00
  • Bedrooms Unit 2: 1
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 3
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 1000
  • Rent Unit 3: $2,250.00
  • Bedrooms Unit 3: 2
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 4
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 500
  • Rent Unit 4: $1,620.00
  • Bedrooms Unit 4: 0
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 5
  • Washer/Dryer Unit 5: true
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: true
  • Square Feet Unit 5: 1100
  • Rent Unit 5: $2,395.00
  • Bedrooms Unit 5: 2
  • Bathrooms Unit 5: 1
Unit 6
  • Name Unit 6: 6
  • Washer/Dryer Unit 6: true
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: true
  • Square Feet Unit 6: 800
  • Rent Unit 6: $1,825.00
  • Bedrooms Unit 6: 1
  • Bathrooms Unit 6: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3600.0
  • Leasable Area Units: Square Feet

Property History for 1400 North 46th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1400 North 46th Street

Taxable ValueLand$1,100,000Additions$750,000Total$1,850,000
Tax Record2022$15,636 ($1,303 / month)
Home Facts
Total Finished SqFt3,600 SqFtAbove Ground SqFt3,600 SqFtStories2Lot Size5,000 SqFtStyleMulti-Family Dwelling (2-4)Year Built1961Year Renovated1995ZoningLR2 (M)CountyKINGAPN686520-0805

Schools near 1400 North 46th 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 5
Rating
School
Distance
Green Lake Elementary School
PublicPK to 5

Hamilton International Middle School
Public6 to 8

Lincoln High School
Public9 to 12

McDonald International School
PublicK to 5

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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Similar Sold Homes

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1400 North 46th Street is a multi-family home for sale in Seattle, WA 98103. This property was listed for sale on April 24, 2024 by My Seattle Realty, Inc, it's currently listed at $2,650,000. It has been on the market for a total of 11 days and was last sold on June 15, 2015. This listing's school district is Seattle Public Schools. Nearby schools include Green Lake Elementary School, Hamilton International Middle School and Lincoln High School. 1400 North 46th Street is a 8-bed, 6-bath, 3,600 sqft multi-family home built in 1961.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of My Seattle Realty, Inc

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.