$850,000
Est. $4,708/mo2 bd•1 ba•1,100 sq ft
2405 N 40th Street, Seattle, WA 98103
• Listed Oct 20, 2026•New today
Listing Broker: Redfin; Lori D. Bakken; 253-394-3984; lori.bakken@redfin.com
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Listing Broker: Redfin; Lori D. Bakken; 253-394-3984; lori.bakken@redfin.com
About this home
A rare opportunity in a fantastic Seattle location! This original, longtime-held home sits on a generous lot in one of the city’s most desirable and convenient neighborhoods. Bring your vision—restore and reimagine the existing home, create something entirely new, or explore the property’s future development possibilities. The setting, lot and location offer an exciting canvas for homeowners, builders and investors alike. Close to neighborhood favorites, parks, shops, dining and easy access to everything Seattle has to offer. "Estate Sale" property is being sold as-is. Buyer to verify all information and conduct their own due diligence regarding zoning, development potential, utilities, trees and feasibility. An incredible opportunity to unlock the potential of this special property!
Listed by Lori D. Bakken • Redfin
Listing updated: October 20, 2026 at 08:27am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2590307
Around this home
How much should you offer?
2405 N 40th Street, Seattle, WA 98103
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Property details
Interior features
- Fireplace
- Fireplace (wood burning)
- Unfinished basement
Kitchen
- Stove(s)/Range(s)
Bedrooms
- 2 bedrooms total
- 2 on the main level
Bathrooms
- 1 full bathroom
- 1 on the main level
Layout
- 1 Story w/Bsmnt.
- 1,100 sq ft finished, 880 sq ft unfinished
- 180 sq ft garage
Flooring
- Hardwood
- Softwood
Heating & cooling
- Forced Air heating
- None cooling
Schools
Ratings via SchoolDiggerSeattle School District
- Buyer To VerifyPublic · Grades Elementary—
- Buyer To VerifyPublic · Grades Middle—
- Buyer To VerifyPublic · Grades High—
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
Single-family home facts
As entered by the listing broker on Northwest MLS
Lot & site
- Faces
- East
Systems
- Energy source
- Electric,Natural Gas
- Power production
- Electric, Natural Gas
- Water heater location
- basement
- Irrigation water rights
- No
Rooms & extras
- Bathtubs
- 1
- Showers
- 1
- Fireplaces on main
- 1
New construction
- Square footage source
- Realist - Buyer to Verify
- Lot size source
- Realist - Buyer to Verify
Manufactured home
- Land lease
- No
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Sales & Tax Records for 2405 N 40th Street
NWMLS via MLS Grid · King County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Oct 2, 2026ListedNWMLS via MLS Grid · #2590307$850,000$773/sq ft
Down payment assistance
7 programs may be available to provide you with up to $110,000 in down payment assistance, depending on your specific information.
Northwest MLS lists this home as eligible for down payment assistance programs
Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.
Mortgage payment forecast
$5,709 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
Ask about this home
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
Listing Broker: Redfin; Lori D. Bakken; 253-394-3984; lori.bakken@redfin.com
Market pulse
Seattle is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 55 days.
Recent sales nearby
Within 1 mile · last 6 months$1,726,100 Sold
0 days ago
4 bd•2.75 ba•~2,865 sq ft•Single Family
3915 Sunnyside Avenue N, Seattle, WA 98103
2%
Over list
33
Days on market
0.1 mi
Distance
$1,195,000 Sold
5 days ago
3 bd•1.75 ba•~2,080 sq ft•Single Family
1200 N 44th Street, Seattle, WA 98103
0%
Over list
29
Days on market
0.7 mi
Distance
$100,000 Sold
6 days ago
•Single Family
2143 N Northlake Way #A1, Seattle, WA 98103
20%
Under list
119
Days on market
0.6 mi
Distance
$1,265,000 Sold
2 weeks ago
3 bd•1.75 ba•~1,950 sq ft•Single Family
4117 Eastern Avenue N, Seattle, WA 98103
2%
Under list
43
Days on market
0.1 mi
Distance
$770,000 Sold
2 weeks ago
2 bd•1.75 ba•~1,070 sq ft•Single Family
4322 Wallingford Avenue N #A, Seattle, WA 98103
2%
Under list
65
Days on market
0.4 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Oct 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of October 20, 2026 at 3:40 PM PT (date and time MLS GRID Data was obtained). 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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© 2026 Northwest Multiple Listing Service. All rights reserved.
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