8015 42nd Avenue NE, Seattle, WA 98115

$1,195,000
2,880
SqFt

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Listing Broker: Coldwell Banker Bain; Lisa Turnure; 206-919-6605; lisa.turnure@cbrealty.com

List Price
$1,195,000
Status
ACTIVE
MLS#
2588212
Days on Market
7
Style
52 - Duplex
Building Condition
Very Good
Finished SqFt
2,880
Area Total SqFt
2880
Annual Tax Ammount
12120
Lot Size (sq ft)
5,651
Sewer
Sewer Connected

Property Description

Welcome to this light-filled Wedgwood residence where classic architectural character meets modern comfort and exceptional flexibility. Hardwood floors, abundant natural light and a dramatic floor-to-ceiling stone fireplace create a warm and inviting main living space. Thoughtfully configured with a full kitchen and generous living areas on each level, the home offers remarkable versatility for multi-generational living, extended guests, work-from-home arrangements or shared ownership. Co-buyers can enjoy the benefits of purchasing together while maintaining distinct living spaces on separate floors; an appealing way to maximize purchasing power without sacrificing privacy. Currently configured as a single-family residence, the two-level layout also presents an exciting opportunity to explore conversion to a duplex, subject to City of Seattle permitting and approval. A partially finished attic space is available for storage or possible further expansion. Outside, the private yard provides a peaceful retreat with a level lawn, garden areas and dedicated spaces for outdoor dining and entertaining. A detached one-car garage adds secure parking, workshop space and valuable storage. Ideally located near beloved neighborhood restaurants, top-rated schools and everyday amenities. University Village is just a short drive away! Enjoy a rare combination of timeless style, adaptable living spaces and an exceptional Wedgwood location.

Additional Information

List Date
2026-09-21 16:44:13
Community
Wedgwood
Net Operating Income
$63,580
Gross Adjusted Income
$80,400
Gross Scheduled Income
$80,400
Total Monthly Income
$6,700
Insurance Expenses
$1,100
Water/Sewer/Garbage Expenses
$1,800
Gross Rent Multiplier
14.86
Total Expenses
$16,820
Cap Rate
5.3
Total Number of Units
2
Unit Name
8015
Potential Terms
Cash, Conventional
Year Built
1944
Roof
Composition
Site Features
Deck, Fenced-Partially, Gas Available, Patio
Electric Expenses
1800
Energy Source
Electric
School District
Seattle
Elementary School
Buyer To Verify
Middle School
Eckstein Mid
High School
Roosevelt High
Total Monthly Income
$6,700
Gross Scheduled Income
$80,400
Gross Adjusted Income
$80,400
Tax Year
2026
Insurance Expense
$1,100
W/S/G Expenses
$1,800
Total Expenses
$16,820
Net Operating Income
$63,580
Gross Rent Multiplier
14.86
Cap Rate
5.3
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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