Wallingford Homes with 42 - Multi-Family Style

Welcome to Wallingford, a vibrant and charming neighborhood nestled in the heart of Seattle, Washington. Known for its eclectic mix of historic charm and modern conveniences, Wallingford offers residents a unique blend of urban living with a touch of suburban tranquility. With tree-lined streets, beautiful parks, and a strong sense of community, it’s no wonder that this neighborhood is a sought-after destination for families, young professionals, and everyone in between.

Wallingford is particularly renowned for its diverse array of multi-family homes, making it an ideal choice for those looking to invest in a community-oriented lifestyle. The multi-family residences in this area boast a variety of architectural styles, from classic craftsman bungalows to contemporary townhouses, accommodating a range of preferences and budgets. These homes not only provide ample space for families but also foster a sense of community, with many residents enjoying close relationships with their neighbors.

The neighborhood is rich in amenities, featuring an array of local shops, cafes, and restaurants that cater to all tastes. Spend your weekends exploring the local farmers' market or enjoying a leisurely stroll along Lake Union, where you can soak in stunning views of the Seattle skyline. Wallingford is also conveniently located near major transportation routes, making it easy to access downtown Seattle and beyond.

Whether you’re looking to settle down in a multi-family home or seeking an investment opportunity, Wallingford offers a welcoming community with endless possibilities. Come discover the charm of Wallingford, where your next chapter awaits!

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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