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Updated Triplex with Covered Parking
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5040 44th Ave NE, Seattle, WA 98105

Three two-bedroom residences feature private decks, in-unit laundry, and extensive interior updates.

Property SizeContact for details
Days on Market144

Property Features for 5040 44th Ave NE

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Real Property Associates
Listed By: Gordon Stephenson · License #WA
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 1:23AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Property Associates

Investment Insights

Based on property information with market context.

This triplex contains three large two-bedroom, two-bath units, each equipped with a washer and dryer, deck, and covered carport parking. Improvements include LVP flooring, cabinets, countertops, appliances, and windows. A vintage wood-burning fireplace adds a distinctive feature, while extra off-street parking serves the property. The site also includes an 800'+ full-height crawl space and additional storage behind the carport.

Located at 5040 44th Ave NE in Seattle, the property is near Children's Hospital, U-Village, the Burke Gilman, the UW, and Montlake Link station. The 72 X 100' street-to-street lot carries LR1 (M) zoning.

Key Highlights

  • Three large two‑bedroom, two‑bath units
  • LVP flooring, cabinets, countertops, appliances, and windows have been updated
  • Covered carport parking for each unit plus extra off‑street parking

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Electrical Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Computer & Electronic Repair Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,342
Businesses Nearby

Demographics for 98105, WA

49,151
Population
20,582
Households
2.4
Avg Household Size
27
Median Age
77%
College-Educated
99%
High-School Grad
3.8 sq mi
ZIP Area
12,934
Density / Sq Mi
$78,691
Median Household Income
$34,947
Median Earnings
$1,803
Median Rent
$1,261,100
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three two-bedroom residences feature private decks, in-unit laundry, and extensive interior updates.
Where is this triplex located?
The property is located at 5040 44th Ave NE Seattle, WA.
What are key features of this property?
This property features: Three large two‑bedroom, two‑bath units; LVP flooring, cabinets, countertops, appliances, and windows have been updated; Covered carport parking for each unit plus extra off‑street parking
More about this property
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