Listing provided courtesy of Kidder MathewsNWMLSas Distributed by MLSGrid- MLS# NWM2458487MLS Provider

4515 Burke Avenue NSeattle, WA 98103

Multi-Family · 1 Bed · 13,000 Sq. ft. | 0.11 Acres
$4,950,000 Active

4515 Burke Avenue N Overview

Visits:
15

19-unit 1928 Spanish-Mediterranean apartment building in the heart of Wallingford, adjacent to QFC and minutes from Fremont and Green Lake with easy access to I-5 and Hwy 99. Designed by H.D. McKnight, the property features spacious units averaging 684 SF, Spanish stucco with brick veneer, hardwood floors, built-in storage, and distinctive architectural details. Strategic renovations offer meaningful income upside and a rare chance to own a pre-1940s asset in this tightly held submarket.

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4515 Burke Avenue N Facts & Features

  • Type Multi-Family
  • Sq. ft. 13,000
  • Price/Sq.ft. $381
  • Lot 0.11 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Seattle

Income/Expenses

  • Other Expense: 70616
  • Electric Expense: 13568
  • Fuel Expense: 13569
  • Gross Scheduled Income: 392880
  • Insurance Expense: 8525
  • Net Operating Income: 258595
  • Total Expenses: 164655
  • Total Monthly Income: 32738
  • Water/Sewer/Garbage: 13568

Building Information

  • New Construction: No
  • Year Built: 1928

Location/Region

  • Country: US
  • County Or Parish: King
  • MLS Area Major: 705 - Ballard/Greenlake
  • Subdivision Name: Wallingford

Community/Development

  • Amenities: Coin Op Laundry

Tax Information

  • Tax Annual Amount: $44,809.00
  • Tax Year: 2025

General Information

  • Listing Terms: Cash Out, Conventional
  • Parcel Number: 4083802805
  • Property Condition: Very Good
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Beds/Baths

  • Bedrooms Possible: 12
  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 13000
  • Building Area Units: Square Feet
  • Calculated Square Footage: 13000
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Hardwood, Laminate
  • Foundation Details: Poured Concrete
  • Heating: Yes
  • Leasable Area: 13000
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric
  • Stories Total: 3

Exterior

Parking Information

  • Open Parking Spaces: 0
  • Open Parking: No
  • Parking Total: 0
  • Parking Uncovered Spaces: 0

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Curbs, Sidewalk, Value In Land
  • Lot Size Acres: 0.1148
  • Lot Size Dimensions: 5000
  • Lot Size Square Feet: 5000
  • Lot Size Units: Square Feet
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • View: No
  • Waterfront: No

Building Exterior/Construction

  • Roof: Flat
  • Structure Type: Multi Family

General Information

  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: 0
  • Exterior Features: Stucco
  • Number Of Units Total: 2
  • Sewer: Sewer Connected

Unit Information

Unit 1 Details

  • Actual Rent: 1454
  • Beds Total: 0
  • Baths Total: 1

Unit 2 Details

  • Actual Rent: 1880
  • Beds Total: 1
  • Baths Total: 1

4515 Burke Avenue N 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
Community data courtesy of LiveBy, Inc.

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.

4515 Burke Avenue N Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

4515 Burke Avenue N 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
Calculations provided by Reliance Network

4515 Burke Avenue N History

Date Event Value Agent
2/10/2026Source: NWMLS Price Reduction
$4,950,000 -17.5%
12/2/2025Source: NWMLS Added to Database
December 02, 2025