Wallingford Homes with 42 - Multi-Family Style

Wallingford Homes with 42 - Multi-Family Style

Welcome to Wallingford, a vibrant and eclectic neighborhood nestled in the heart of Seattle, Washington. Known for its charming streets and diverse community, Wallingford offers a unique blend of urban convenience and suburban tranquility. With its picturesque views of Lake Union and the iconic Seattle skyline, this area is a haven for those seeking a lively atmosphere combined with a strong sense of community.

Wallingford is characterized by its historic homes, many of which boast stunning architectural details and lush gardens. Among these, you'll find an array of multi-family homes that provide excellent investment opportunities or the perfect setting for families seeking a close-knit living environment. These multi-family properties not only offer spacious living arrangements but also foster a sense of community among neighbors, making it an ideal choice for both investors and residents alike.

The neighborhood is home to a variety of local shops, cafes, and restaurants, ensuring that residents have everything they need right at their fingertips. From artisanal coffee shops to family-run eateries, Wallingford is a culinary delight waiting to be explored. Additionally, the neighborhood is well-connected to public transportation, making it easy to navigate the rest of Seattle.

Families will appreciate the abundance of parks and green spaces, such as the popular Gas Works Park, which offers stunning views and recreational opportunities. With its friendly atmosphere, diverse culture, and prime location, Wallingford is a neighborhood that truly embodies the best of Seattle living. Whether you’re looking for a multi-family home to invest in or a place to call your own, Wallingford is sure to charm you with its unique appeal.

Newest Wallingford Homes with 42 - Multi-Family Style

$1,075,000
2507351 MLS ⋅ ACTIVE Status
TOWNHOUSE REDEVELOPMENT OPPORTUNITY NEAR FREMONT/WALLINGFORD/GREENLAKE | 4,000 SF LOT WITh LR2 (M) ZONING 807 N 49th St is located just blocks from the Woodland Park Zoo, this 4,000 square foot lot is zoned LR2 (M), a highly desirable zoning code for townhome and small-scale multifamily development. Historically, LR-zoned sites were subject to unit-count density caps that limited overall development potential. However, with the implementation of HB 1110 in June 2025, those constraints have been removed in favor of a building envelope driven by FAR, height, and setback standards, meaning the total buildable size is now the primary limitation rather than the number of units. This shift allows developers to increase unit count through more efficient design, creating a more compelling development opportunity for 4+ luxury townhomes (buyer to verify) with skyline views in one of Seattle’s most sought-after neighborhoods. The existing structure on the site currently operates as a 5 Unit apartment building producing $50,311 in annual net operating income.

807 N 49th Street, Seattle

Listing courtesy of Blake Investment Advisors.

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