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JRJeff ReynoldsCompass · Seattle

Listed by Wendy Carrington, John L. Scott, Inc.

3,930
Square feet
$527
Per sq ft
Multi Family
Type
2025
Year built
4,000 sq ft
Lot
179
Days on market

About this property

Prime investment opportunity in Seattle’s Wallingford Neighborhood, close to the University of Washington! Newly constructed duplex with 5% CAP rate + more units possible with new zoning laws. This is a rare offering of a high-quality modern building design with high-end finishes in a great location. Enjoy sweeping Ship Canal, Lake Union, & city views from a massive rooftop deck. Large upper 2-level Penthouse unit that's larger than most Seattle homes (2,620 SF) w/4Br/3.5BA Light-filled interiors, high ceilings, hardwood floors, & an envious chef’s kitchen with Bertazzoni gas range, quartz counters, eating bar, & walk-in pantry. Main floor guest bedroom & lavish 3/4 bath with heated floors + extra-large all glass walk-in shower. Primary suite with spa-like 7-piece bath (double sinks, walk-in glass enclosure mutli-head rain shower & dreamy separate free standing soaking tub), heated floors, dual walk-in closets and serene vistas. Bow window design outlining views in living room and 2nd bedroom with double closets. 2nd unit is 1-level 2Br/1.75Bth unit. Versatile short or long-term rental income potential, boosting returns & flexibility. Close to dining, shops, parks (Gas Works), Burke Gilman, & transit, blending lifestyle appeal w/solid cash flow. Rare chance to own a turnkey, income-producing asset in a vibrant Seattle neighborhood! 82 Walkscore/81 Bikescore. Easy access to UW, Children's, downtown, SLU, I-5, & Hwy 99. Includes EV charger & tandem 2 prkg.

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2468974
Listed
January 15, 2026
Days on market
179
Price per sq ft
$527
Original list price
$2,150,000

Unit & building

Stories in building
3
Units in building
2

Homeowners association

HOA dues
$1,200 monthly

Parking

Total spaces
4

Views

View
CanalCityLakeMountainsSoundTerritorial

Construction

Year built
2025
Style
52 - Duplex
Structure
Duplex
Roof
Flat
New construction
Yes

Heating & cooling

Heating
90%+ High EfficiencyDuctlessHeat Pump
Cooling
DuctlessForced AirHeat Pump
Energy source
ElectricNatural Gas

Flooring

Flooring
Ceramic TileEngineered Hardwood

Lot

Lot features
CurbsPaved
Lot size
4,000 sq ft

Terms

Terms offered
CashConventional

Utilities

Water
Public
Sewer
Sewer Connected

Schools

District
Seattle

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • Canal
  • City
  • Lake
  • Mountains
  • Sound
  • Territorial
  • Duplex
  • Flat
  • 90%+ High Efficiency
  • Ductless
  • Heat Pump
  • Forced Air

Listing history

  1. Listed

    $2,150,000

    January 15, 2026

  2. Current price

    $2,069,950

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$13,254

Principal & interest
$10,467
Property tax (est.)
$1,587
HOA dues
$1,200

Assumes $413,990 down (20%), a $1,655,960 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 14, 2026 at 12:00 AM PDT. 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.