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JRJeff ReynoldsCompass · Seattle

Listed by Ray Senn, KW Greater Seattle

Land
Type
4,980 sq ft
Lot
353
Days on market

About this property

*Price Reduced-This is a permit-ready development lot in Seattle's desirable Northgate neighborhood. The lot is 4,980SF and pre-approved for a 14-unit apartment building (6,474BSF) under LR1(M) zoning. Permitted plans are included with the list price. Multiple unit configurations, bike parking, and sustainable designs conform to different tenant needs. Located near I-5, the Light Rail, Green Lake, and UW, it aligns well with the One Seattle Plan. Demolition and Construction permits are ready for issuance; Master Use Permit issued upon completion. Existing home (720SF, 1bd/1ba, 600sf basement, det. garage) is operated as a short-term rental with strong occupancy and income. Complete this modern and vibrant addition to Northgate or expand the lot your way! New Roof installed in October 2025.

Location & commute

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Directions

Property details

Listing details

Listing number
#2451540
Listed
November 1, 2025
Days on market
353 (includes a prior listing period)
Original list price
$795,000

Parking

Parking
Garage

Construction

Style
42 - Multi-Family
Structure
None

Lot

Lot features
Paved
Lot size
4,980 sq ft

Terms

Terms offered
CashConventionalFHAOwner Will CarryVA Loan

Utilities

Utilities
Electricity AvailableNatural Gas Available
Water
AvailableSee Remarks
Sewer
Available

Schools

District
Seattle
Elementary
Viewlands
Middle
Robert Eagle Staff Middle School
High
Ingraham High

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • Garage
  • None
  • Paved
  • Cash
  • Conventional
  • FHA
  • Owner Will Carry
  • VA Loan
  • Electricity Available
  • Natural Gas Available
  • Available
  • See Remarks

Listing history

  1. Listed

    $795,000

    November 1, 2025

  2. Current price

    $645,000

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

$3,756

Principal & interest
$3,261
Property tax (est.)
$495

Assumes $129,000 down (20%), a $516,000 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 14, 2026 at 12:15 AM 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.