1400 N 46th St, Seattle, WA 98103

Multifamily · Seattle · Seattle-Bellevue metro, WA

One of 5,391 reachable multifamily buildings in Seattle. Larger than 21% of multifamily buildings in Seattle (median 9,444 SF), derived from assessor records.

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Building size: 4,840 SF, King County Assessor
Lot size: 5,000 SF, King County Assessor
Year built: 1961, King County Assessor
Stories: 2, King County Assessor
Predominant use: Apartment, King County Assessor
Units: 6, King County Assessor
Assessed value: $1,531,000, per the King County Assessor (not a market appraisal)
Assessed value per building SF: $316.32/SF, derived from assessor records
Lot coverage: 97%, derived from assessor records
Vintage: 1960s vintage
Zoning: LR2 (M), King County
County use code: Apartment
Construction (observed): masonry, AI estimate from public imagery
Parking (observed): street only, AI estimate from public imagery
Frontage (observed): mid block, AI estimate from public imagery

Nearby comparable buildings

Same building type, by distance. Assessor facts only; not an opinion of value.

4612 Stone Way N, Seattle · 0 mi · 26,666 SF · built 2022 · assessed $437.41/SF
4600 Stone Way N, Seattle · 0 mi · 2,610 SF · built 1962 · assessed $311.80/SF
4611 Stone Ave N, Seattle · 0.1 mi · 3,310 SF · built 1957 · assessed $368.88/SF
1318 N 45th St, Seattle · 0.1 mi · 3,576 SF · built 1997 · assessed $383.67/SF
1603 N 46th St, Seattle · 0.1 mi · 8,424 SF · built 1926 · assessed $335.71/SF
1401 N 45th St, Seattle · 0.1 mi · 16,149 SF · built 1995 · assessed $259.95/SF

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Sale history and market context

MakeMe Estimate: $1,567,249 (estimated market value), with a likely range of $1,391,227 to $1,787,795 (half of recent verified sales in this segment landed inside that range). Based on 667 verified arm's-length comparable sales (through 2026-05-29). Not an appraisal. How this estimate works. About $261K per unit at the midpoint (6 units).

Last sold: 2015-06-15 for $1,574,400 (recorded arm's-length sale).

Current ownership dates to 2020 (about 6 years) per recorded transfers.

3 administrative transfers (no consideration), 2015 to 2020

2015-06-15: $1,574,400 from Lemkin Holdings LLC to RNK Eastside LLC, rec. 20150616002344

2004-12-15: transfer from Private party to Lemkin Holdings LLC (part of a 2-parcel sale; price is the whole deal), rec. 20050310000419

1998-07-03: $479,700 from Private party to Private party (non-market transfer), rec. 199807130912

Source: King County recorded sales extract; buyer and seller shown only when a company or organization. Individual names are withheld.

Value over time

Solid line: county appraised value per King County tax rolls. Shaded range: our modeled estimate for each year, built from recorded arm's-length sales in the building's segment; years without enough sales stay unmodeled. Dots: recorded arm's-length sales. Not an appraisal. How this estimate works.

Land, site, and value history

Assessed value moved from $807,000 (2011) to $1,531,000 (2026), up 90% over 15 years, per county tax rolls. The 2026 roll splits $1,531,000 into $1,200,000 land and $331,000 improvements.

Zoning: LR2 (M) (per King County)

Lot: 5,000 sq ft

Water: Water District (per King County)

Sewer: Public (per King County)

Access: Public

Street surface: Paved

Floor and use mix: Multiple Residence (Low Rise) 4,235 SF; Basement, Parking 605 SF (county building sections)

County districts report (schools, fire, sewer, council; on kingcounty.gov)