Wallingford Homes with 42 - Multi-Family Style

Wallingford Homes with 42 - Multi-Family Style

Welcome to Wallingford, one of Seattle's most charming and vibrant neighborhoods! Nestled just north of the University District and south of Green Lake, Wallingford is renowned for its eclectic mix of residential homes, bustling businesses, and community spirit. This picturesque area boasts tree-lined streets, historic architecture, and a welcoming atmosphere that makes it a perfect place to call home.

Wallingford is a neighborhood that seamlessly blends the urban with the suburban. It offers a rich tapestry of amenities, including delightful local eateries, cozy coffee shops, and unique boutiques that cater to every taste. Residents can enjoy leisurely strolls through Gas Works Park, where stunning views of Lake Union and the Seattle skyline await. The community is also known for its strong sense of camaraderie, with numerous events and markets that bring neighbors together throughout the year.

For those interested in multi-family living, Wallingford presents an exciting opportunity. The area features a variety of multi-family homes that cater to diverse lifestyles, whether you’re looking for a spacious duplex, a cozy triplex, or a larger apartment building. These homes not only provide excellent investment potential but also foster a sense of community among residents. With easy access to public transportation and major thoroughfares, Wallingford is ideally situated for commuting to downtown Seattle or exploring the surrounding neighborhoods.

Discover the allure of Wallingford, where charming homes and a vibrant community come together to create the perfect living environment. Whether you’re an investor or a future homeowner, this neighborhood has something special to offer everyone!

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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