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JRJeff ReynoldsCompass · Seattle

Listed by Connor J Shoemaker, Keller Williams Realty

4
Bedrooms
1
Bathrooms
2,512
Square feet
$287
Per sq ft
Single Family Residence
Type
1934
Year built
75,276 sq ft
Lot
214
Days on market

About this property

Incredible investment opportunity. This expansive 1.72-acre property, zoned urban multifamily residential, consists of two parcels being sold together and offers exceptional potential for builders and developers. Ideal for a thoughtfully designed multi-family community(14-16), the land provides a versatile and highly desirable canvas. The property includes two available sewer hookups, adding significant value and development flexibility. Ideally located just off Meridian, the property offers convenient access to local amenities, schools, entertainment, and major transportation routes. With ample space to support creative design and future growth, this is a rare opportunity to maximize value in a thriving and sought-after area for investors.

Property details

Listing details

Listing number
#2458645
Listed
December 11, 2025
Days on market
214
Price per sq ft
$287
Original list price
$850,000

Unit & building

Unit levels
One

Parking

Parking
Detached CarportDrivewayRV Parking
Covered spaces
5

Views

View
Territorial

Construction

Year built
1934
Style
10 - 1 Story
Structure
House
Roof
Composition

Heating & cooling

Heating
Baseboard
Cooling
None
Energy source
Electric

Interior features

Fireplace type
See Remarks

Flooring

Flooring
LaminateCarpet

Appliances

Appliances
See Remarks

Community & building features

Bus line nearby
Yes

Lot

Lot features
Dead End StreetDirt RoadSidewalk
Lot size
75,276 sq ft

Terms

Terms offered
CashConventional

Utilities

Water
City of Milton
Sewer
Septic
Power
Puget Sound Energy

Schools

District
Fife
Elementary
Hedden Elem
Middle
Surprise Lake Mid
High
Fife High

What stands out to you?

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

  • One
  • Detached Carport
  • Driveway
  • RV Parking
  • Territorial
  • House
  • Composition
  • Baseboard
  • None
  • Electric
  • See Remarks
  • Laminate

Listing history

  1. Listed

    $850,000

    December 11, 2025

  2. Current price

    $720,000

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

$4,193

Principal & interest
$3,641
Property tax (est.)
$552

Assumes $144,000 down (20%), a $576,000 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 11:01 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.