Wallingford Homes with 42 - Multi-Family Style

Welcome to Wallingford, one of Seattle’s most charming and vibrant neighborhoods! Nestled just north of the bustling University District and south of the serene Green Lake, Wallingford offers a unique blend of urban convenience and suburban tranquility. Known for its tree-lined streets, historic homes, and a strong sense of community, this neighborhood is a hidden gem that appeals to families, young professionals, and anyone looking for a welcoming place to call home.

Wallingford boasts an eclectic mix of shops, restaurants, and parks, making it an ideal spot for those who appreciate a lively lifestyle. Stroll down 45th Street to discover an array of local boutiques, cozy cafés, and delectable eateries. For outdoor enthusiasts, the neighborhood is home to several parks, including the expansive Gas Works Park, which offers stunning views of Lake Union and the Seattle skyline.

When it comes to housing, Wallingford is known for its diverse architectural styles, including charming craftsman homes and modern multi-family dwellings. The multi-family homes in the area are particularly appealing, providing not only a great investment opportunity but also a chance to join a thriving community. These properties often feature spacious layouts, private outdoor spaces, and easy access to public transportation, making them perfect for those seeking both comfort and convenience.

Whether you’re looking to enjoy a weekend at the local farmer’s market or explore the nearby cultural attractions, Wallingford is a neighborhood that truly has it all. Come discover the warmth and charm of Wallingford—your new home 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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