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914 N 40th Street, Seattle, WA, 98103

4beds
4baths
3,192sqft
$1,499,995
$470price/sqft
$9,218/moest. monthly cost
$368,720/yrincome needed

About This Home

Classic Fremont Fourplex – A charming, rock-solid century-old brick apartment building featuring four oversized 1-bedroom units, each with its own private entrance. Units include spacious living and dining rooms, updated kitchens with dishwashers, fireplaces, hardwood floors, and timeless old-world character. The top-floor units boast enclosed patios with territorial views. The property includes a massive full basement with abundant storage, coin-operated laundry, and new forced-air gas furnaces. Situated on a desirable corner lot with alley access, it also offers off-street parking. All four units are currently leased, providing immediate income stability.

Getting Around

90
WalkingWalker's Paradise
62
TransitGood Transit
83
BikeVery Bikeable

Schools

9/10
B F Day Elementary SchoolGrades PK-50.1 mi
10/10
Lincoln High SchoolGrades 9-120.4 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1914

Materials

  • Roof: See Remarks
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: 4-Plex
  • Property subType: Quadruplex

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total structure area: 3,192
  • Total interior livable area: 3,192 sqft

Property

Details

  • Parcel number: 1931300570
  • Zoning description: Multi-Family,Jurisdiction: City
  • Special condition: Standard

Lot

  • Lot size: 4,159 sqft
  • Features: Corner Lot

Parking

  • Total spaces: 1
  • Parking features: Open
  • Has uncovered spaces: Yes
  • Uncovered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Heat Wave

FEMA Declared Disasters in King County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $7,584$91,008
Home Insurance *$218$2,616
Property Taxes $1,198$14,376
Electricity $218$2,620
Total$9,218$110,616
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$316,045/yr
40% on housing$276,540/yr
45% on housing$245,813/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$470This listing

vs Other Active Listings

Avg $/sqft

ZIP 98103$387
King County$442

vs Homes Sold Last Month

Median $/sqft

ZIP 98103$573
King County$485

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-12Listed for sale$1,499,995
2026-03-05Listing removed$1,499,995
2026-02-05Listed for sale$1,499,995
2026-01-27Listing removed$1,499,995
2025-09-24Listed for sale$1,499,995
2021-01-28Sold$1,207,000
2020-12-13Pending sale$1,250,000
2020-12-10Listed for sale$1,250,000
2020-09-10Pending sale$1,250,000
2020-09-08Listed for sale$1,250,000
2020-09-01Pending sale$1,250,000
2020-08-27Listed for sale$1,250,000
2018-05-18Sold$800,000

For Sale by Agent

AgentSheetal Gandhi
BrokerageKelly Right RE of Seattle LLC

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