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$5,000,000
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Property Description
Located in Seattle's desirable upper Fremont neighborhood just a 3-minute walk from Fremont Peak Park and within walking distance of the zoo. On the market for the first time, the property features 1- and 2-bed units plus a 1,500-SF 3-bed/2-bath penthouse (ideal for an owner-occupant). Floorplans average 860 SF. Dining areas, dishwashers, private decks/patios, abundant natural light, and many residents enjoy stunning views of the ship canal, Ballard, and Magnolia. 18 off-street parking spaces, secured entry, a resident laundry and storage room, copper supply plumbing, and updated ITE electrical subpanels. Westwind Apartments offers a 4.9% cap rate on rents as of February 2026 (increases already posted) and current expenses with upside.
Full Property Details
Full Property Details for 4500 1st Ave NW
General
- Sold For: $5,000,000
- Taxes: $47,264 (2025)
- Status: Closed
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2433027
- Added to Site: 173 day(s) ago
Parking
- Uncovered Spaces: 18
Location
- Area: 705 - Ballard/Greenlake
- County: King
- Subdivision: Fremont
- Driving Directions: Property is on corner of 1st Ave NW and NW 45th St.
School Information
- High School District: Seattle
- Elementary School: Bf Day
- Middle School: Hamilton Mid
- High School: Lincoln High
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: Multi Family
- Exterior Const.: Wood
- Roof: Composition, Flat
- Stories in Building: 4
- Square Feet: 16,217
- Year Built: 1968
Unit Information
- Units in Building: 18
Lot Features
- Property View: Canal, Mountain(s), Territorial
- Lot Size (Acres): 0.3306
- Lot Size (Sq. Ft.): 14,400
- Lot Size Source: King County
- Lot Features: Corner Lot, Curbs, Paved
- Zoning: Multi-Family
Financial Considerations
- Tax Amount: $47,264
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: None
- Property ID: 7517500535
Listed by Dan Swanson | Kidder Mathews | (360) 705-2800
Sold by Kevin S. Tisdel | Pointe3 Real Estate
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Schools
Schools serving 4500 1st Ave NW
School District:Seattle School District
| Name | Grades | Distance |
|---|---|---|
B F Day Elementary School 3921 Linden Avenue North, Seattle, WA 98103 | PK-5 | 0.6 mi |
Hamilton International Middle School 1610 North 41st Street, Seattle, WA 98103 | 6-8 | 1 mi |
Lincoln High School, Seattle, WA 4400 Interlake Avenue North, Seattle, WA 98103 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4500 1st Ave NW
Date
Details
Price
Change
Source
2/23/2026
Sold
$5,000,000
-5.66%
MLS
9/12/2025
Listed
$5,300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4500 1st Avenue NW, Seattle, WA 98107 (MLS# 2433027) is a Multi-Family property that was sold at $5,000,000 on February 23, 2026. Want to learn more about 4500 1st Avenue NW? Do you have questions about finding other Multi-Family real estate for sale in Seattle? You can browse all Seattle real estate or contact a Coldwell Banker agent to request more information.

