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JRJeff ReynoldsCompass · Seattle

Listed by Tyler J. Bretz, Urban Commercial Partners, LLC

Land
Type
7,610 sq ft
Lot
286
Days on market

About this property

North Beacon Hill development site, zoned LR3 urban village and situated on a 7,610 SF lot. This covered land play presents a unique income-producing development opportunity with the existing duplex that currently generates $63,000 in gross annual income, providing immediate cash flow for investors during the pre-development or entitlement process. The site supports higher density residential or mixed-use development. The zoning flexibility allows for long-term appreciation through redevelopment while retaining near-term income from the existing duplex. This dual profile makes the offering attractive to both investors seeking cash flowing assets and developers targeting urban infill opportunities.

Location & commute

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Directions

Property details

Listing details

Listing number
#2440345
Listed
September 30, 2025
Days on market
286

Construction

Style
42 - Multi-Family
Structure
None

Lot

Lot features
AlleyCorner Lot
Lot size
7,610 sq ft

Terms

Terms offered
Cash OutConventional

Utilities

Utilities
Electricity ConnectedNatural Gas Available
Water
Available
Sewer
AvailableIn Street

Schools

District
Seattle

What stands out to you?

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  • None
  • Alley
  • Corner Lot
  • Cash Out
  • Conventional
  • Electricity Connected
  • Natural Gas Available
  • Available
  • In Street

Listing history

  1. Listed

    $1,295,000

    September 30, 2025

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$7,541

Principal & interest
$6,548
Property tax (est.)
$993

Assumes $259,000 down (20%), a $1,036,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 13, 2026 at 10:45 PM PDT. 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.