$4,600,000
401 NE 40th Street, Seattle, WA 98105
15,433 Sq Ft
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401 NE 40th Street, Seattle, WA 98105 401 NE 40th Street, Seattle, WA 98105 401 NE 40th Street, Seattle, WA 98105 401 NE 40th Street, Seattle, WA 98105 401 NE 40th Street, Seattle, WA 98105 401 NE 40th Street, Seattle, WA 98105 401 NE 40th Street, Seattle, WA 98105 401 NE 40th Street, Seattle, WA 98105 401 NE 40th Street, Seattle, WA 98105 401 NE 40th Street, Seattle, WA 98105 401 NE 40th Street, Seattle, WA 98105 401 NE 40th Street, Seattle, WA 98105 401 NE 40th Street, Seattle, WA 98105 401 NE 40th Street, Seattle, WA 98105 401 NE 40th Street, Seattle, WA 98105 401 NE 40th Street, Seattle, WA 98105 401 NE 40th Street, Seattle, WA 98105 401 NE 40th Street, Seattle, WA 98105 401 NE 40th Street, Seattle, WA 98105 401 NE 40th Street, Seattle, WA 98105 401 NE 40th Street, Seattle, WA 98105 401 NE 40th Street, Seattle, WA 98105 401 NE 40th Street, Seattle, WA 98105 401 NE 40th Street, Seattle, WA 98105
401 NE 40th Street, Seattle, WA 98105 401 NE 40th Street, Seattle, WA 98105 401 NE 40th Street, Seattle, WA 98105 401 NE 40th Street, Seattle, WA 98105 401 NE 40th Street, Seattle, WA 98105 401 NE 40th Street, Seattle, WA 98105 401 NE 40th Street, Seattle, WA 98105 401 NE 40th Street, Seattle, WA 98105 401 NE 40th Street, Seattle, WA 98105 401 NE 40th Street, Seattle, WA 98105 401 NE 40th Street, Seattle, WA 98105 401 NE 40th Street, Seattle, WA 98105 401 NE 40th Street, Seattle, WA 98105 401 NE 40th Street, Seattle, WA 98105 401 NE 40th Street, Seattle, WA 98105 401 NE 40th Street, Seattle, WA 98105 401 NE 40th Street, Seattle, WA 98105 401 NE 40th Street, Seattle, WA 98105 401 NE 40th Street, Seattle, WA 98105 401 NE 40th Street, Seattle, WA 98105 401 NE 40th Street, Seattle, WA 98105 401 NE 40th Street, Seattle, WA 98105 401 NE 40th Street, Seattle, WA 98105 401 NE 40th Street, Seattle, WA 98105

MLS #2433143 / Listing provided by NWMLS & Kidder Mathews.

$4,600,000

401 NE 40th Street
Seattle, WA 98105

Active 1 day ago
15,433
Sq Ft
$298
Per Sq Ft
1964
Year Built

A well maintained Multi-family asset in Seattle's walkable Wallingford neighborhood, one of the city's most coveted communities. Situated on a corner lot, the property is steps away from Lake Union, Gas Works Park and Burke Gilman Trail. On the market for the first time, featuring 15 units averaging 828 square feet. Most units offer views of Lake Union and all features large balconies. Secure entry, durable copper supply plumbing, cast iron drains and updated Square D electrical subpanels. 20 parking spaces (6 covered) large resident storage room and common laundry on two floors. A 5.3% cap rate on rents as of February 2026 (increase notice already sent) and current expenses with upside.

Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.

Interior Features

Bedrooms

  • Upper Level Bedrooms: 0

Fireplaces

  • Total Fireplaces: 0

Heating & Cooling

  • Heating: Yes
  • Cooling: No
Exterior Features

Parking

  • Parking Total: 20
  • Uncovered Parking Spaces: 14
  • Open Parking Spaces: 14

Structure

  • Roof: Flat
  • Exterior Features: Brick, Stucco, Wood

Lot Details

  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • Acres: 0.2448
Area Features

Schools

  • High School District: Seattle
  • High School: Lincoln High
  • Middle School: Hamilton Mid
  • Elementary School: Green Lake

Lot Details

  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • Acres: 0.2448
Utilities

Power

  • Energy Source: Electric

Water, Sewer, and Garbage

  • Sewer: Sewer Connected
  • Water Source: Public
  • Water, Sewer, and Garbage: 21334
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Miles Eaton

Miles Eaton
Broker | REALTOR®

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