Listing provided courtesy of Kelly Right RE of Seattle LLCNWMLSas Distributed by MLSGrid- MLS# NWM2428505
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Request Info914 N 40th StreetSeattle, WA 98103
Multi-Family · 4 Beds · 3,192 Sq. ft. | 0.10 Acres$1,499,995
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914 N 40th Street Overview
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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.
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914 N 40th Street Facts & Features
- Type Multi-Family
- Sq. ft. 3,192
- Price/Sq.ft. $470
- Lot 0.10 Acres
Details
General
Association/HOA
- Association Fee: $0.00
School Information
- School District: Seattle
- Elementary School: Bf Day
- Middle Or Junior School: Hamilton Mid
- High School: Lincoln High
Income/Expenses
- Other Expense: 0
- Electric Expense: 0
- Fuel Expense: 0
- Gross Scheduled Income: 99000
- Insurance Expense: 4647
- Net Operating Income: 92500
- Total Expenses: 21677
- Total Monthly Income: 8150
- Water/Sewer/Garbage: 3800
Building Information
- New Construction: No
- Year Built: 1914
Location/Region
- Country: US
- County Or Parish: King
- MLS Area Major: 705 - Ballard/Greenlake
- Subdivision Name: Fremont
Community/Development
- Amenities: Basement,Coin Op Laundry
Tax Information
- Tax Annual Amount: $13,230.00
- Tax Year: 2024
General Information
- Listing Terms: Cash, Conventional
- Parcel Number: 1931300570
- Possible Use: Multi-Family
- Property Condition: Updated/Remodeled
- Property Sub Type: Multi Family
- Property Type: Residential Income
- Senior Community: No
- Special Listing Conditions: None
Interior
Beds/Baths
- Bedrooms Upper: 0
Building Interior
- Building Area Total: 3192
- Building Area Units: Square Feet
- Calculated Square Footage: 3192
- Square Footage Finished: 0
- Square Footage Unfinished: 0
General Information
- Cooling: Yes
- Fireplace: No
- Fireplaces Total: 0
- Heating: Yes
- Leasable Area: 3192
- Living Area: 0
- Main Level Bathrooms: 0
- Power Production Type: Natural Gas
- Stories Total: 2
Exterior
Parking Information
- Open Parking Spaces: 1
- Open Parking: Yes
- Parking Total: 1
- Parking Uncovered Spaces: 1
Lot Information
- Irrigation Water Rights: No
- Lot Features: Corner Lot
- Lot Size Square Feet: 4160
- Lot Size Units: Square Feet
- Elevation Units: Feet
Waterfront/View
- View: No
- Waterfront: No
Building Exterior/Construction
- Roof: See Remarks
- Structure Type: Quadruplex
General Information
- Carport Spaces: 0
- Carport: No
- Covered Spaces: 0
- Exterior Features: Brick
- Number Of Units Total: 4
- Sewer: Available
Unit Information
Unit 2 Details
- Actual Rent: 1957
- Beds Total: 1
- Baths Total: 1
Unit 3 Details
- Actual Rent: 1995
- Beds Total: 1
- Baths Total: 1
Unit 1 Details
- Actual Rent: 2049
- Beds Total: 1
- Baths Total: 1
Unit 4 Details
- Actual Rent: 2149
- Beds Total: 1
- Baths Total: 1
914 N 40th Street Neighborhood
Community
98103 (SEATTLE) Demographics
34
Median Age
10,237
Population Density (per sq. mile)
80%
College Educated
$105,480
Estimated Median Income
11,738
Estimated Total Home Owners
14,576
Estimated Total Renters
45% / 55%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.914 N 40th Street Monthly Cost
914 N 40th Street Market Data
Based on the last 30 days in this zip code
$871,683
Average List Price
$580
Average Price per Square Foot
63
Properties Sold
56
Average Days on Market
255
Properties for Sale
914 N 40th Street History
| Date | Value | Agent |
|---|---|---|
| 9/24/2025Source: NWMLS | September 24, 2025 |
|
| 6/20/2022Source: NWMLS | June 01, 2021 |