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JRJeff ReynoldsCompass · Seattle

Listed by Jonn McYnturff, John L Scott RE West Seattle

8,682
Square feet
$403
Per sq ft
Multi Family
Type
1966
Year built
23,760 sq ft
Lot
139
Days on market

About this property

Rare development opportunity on Delridge Way SW offering both multifamily and for-sale residential potential. Five parcels combine for approx. 23,760 SF with nearly 200 feet of frontage, alley access and NC2P-55(M) zoning. In addition to a traditional mixed-use/multifamily concept, explore a townhome-focused plan incorporating street-front live/work residences along Delridge with conventional townhomes positioned behind. The live/work concept could pair ground-floor commercial space with a multi-level residence above, creating individually saleable units while addressing required street-level commercial frontage. Similar live/work/townhome designs have been successfully developed along other West Seattle commercial corridors. Existing 15 units provide income while evaluating redevelopment options. With strong access to transit, West Seattle amenities, downtown and major employment centers, this sizable assemblage offers flexibility for builders and developers seeking a creative path to maximize the site. Buyer to verify zoning, development standards, unit yield, commercial requirements and feasibility.

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Jeff's Neighborhood Guide

Get to know the West Seattle area

Jeff's Seattle & Eastside Neighborhood Guide profiles 70 communities: the streets, shorelines, parks, markets, and local places that define each one. It is editorial, separate from the MLS listing data above.

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Property details

Listing details

Listing number
#2495909
Listed
March 25, 2026
Days on market
139
Price per sq ft
$403

Unit & building

Stories in building
2
Units in building
15

Parking

Total spaces
15

Construction

Year built
1966
Style
56 - 10+ Units
Structure
Multi Family
Roof
Composition

Heating & cooling

Heating
BaseboardForced AirWall Furnace
Cooling
NoneWindow Unit(s)
Energy source
ElectricNatural Gas

Flooring

Flooring
HardwoodSoftwoodVinyl

Lot

Lot features
AlleyCorner LotCul-De-SacCurbsPavedSidewalk
Lot size
23,760 sq ft

Terms

Terms offered
Cash

Utilities

Water
Seattle Public Utilities
Sewer
Seattle Public Utilities
Power
Seattle City Light

Schools

District
Seattle
Elementary
Fairmount Park
Middle
Madison Mid
High
West Seattle High

What stands out to you?

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

  • Multi Family
  • Composition
  • Baseboard
  • Forced Air
  • Wall Furnace
  • None
  • Window Unit(s)
  • Electric
  • Natural Gas
  • Hardwood
  • Softwood
  • Vinyl

Listing history

  1. Listed

    $3,500,000

    March 25, 2026

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

$20,381

Principal & interest
$17,698
Property tax (est.)
$2,683

Assumes $700,000 down (20%), a $2,800,000 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 October 12, 2026 at 10:30 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.