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JRJeff ReynoldsCompass · Seattle

Listed by Shelley A. Michael, KR Brokers

3,700
Square feet
$428
Per sq ft
Multi Family
Type
1901
Year built
8,000 sq ft
Lot
117
Days on market

About this property

Opportunity for Development in Prime Leschi Location Rare 8,000 sq. ft. double lot in the highly sought-after Leschi neighborhood, offering partial views of Lake Washington. Exceptional opportunity for investors, builders, or developers seeking strong land value and future upside. Property is zoned LR1, presenting potential for redevelopment or reconfiguration (Buyer to verify). Existing 1901 Victorian structure has been converted into four residential units, providing interim income while planning your project. Value is primarily in the land and development potential. Owner occupies one unit—subject to landlord/tenant laws. Do not disturb tenants or access property without an appointment. Possible seller financing. Buyer to verify all information to their own satisfaction.

Location & commute

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

Directions

Property details

Listing details

Listing number
#2517241
Listed
May 2, 2026
Days on market
117
Price per sq ft
$428
Original list price
$1,825,000

Unit & building

Stories in building
3
Units in building
4

Views

View
LakeMountainsPartial

Construction

Year built
1901
Style
54 - 4-Plex
Structure
Quadruplex
Roof
CompositionFlatTorch Down

Heating & cooling

Heating
Forced Air
Cooling
Forced Air
Energy source
ElectricNatural Gas

Flooring

Flooring
Ceramic TileHardwoodLaminateMarbleCarpet

Lot

Lot features
CurbsPavedSidewalkValue In Land
Lot size
8,000 sq ft

Terms

Terms offered
CashConventionalOwner Will Carry

Utilities

Water
City of Seattle
Sewer
City of Seattle
Power
Seattle City Light

Schools

District
Seattle
Elementary
Leschi
Middle
Wash Mid
High
Garfield High

What stands out to you?

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

  • Lake
  • Mountains
  • Partial
  • Quadruplex
  • Composition
  • Flat
  • Torch Down
  • Forced Air
  • Electric
  • Natural Gas
  • Ceramic Tile
  • Hardwood

Listing history

  1. Listed

    $1,825,000

    May 2, 2026

  2. Current price

    $1,585,000

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

$9,230

Principal & interest
$8,015
Property tax (est.)
$1,215

Assumes $317,000 down (20%), a $1,268,000 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 August 28, 2026 at 12:01 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.