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JRJeff ReynoldsCompass · Seattle

Listed by Jay Janssen, The Agency Seattle/Eastside

Land
Type
54,057 sq ft
Lot
13
Days on market

About this property

12 unit townhome development opportunity for builder or investor with seller financing available. Civil plans and demo approved. Building permit applications for both buildings are in final rounds of commentary and pending final approval. Complete plan set for 12 units across (2) 4-story buildings. Plans could support either a build-to-sell or build-to-rent strategy. Plans deliver 22,637 of square footage across 12 townhomes. Unit mix includes (8) 3 bed, (3) 2 bed, and (1) 1 bed, each with a 2-car garage. Lots 1–6 comprise Building A (11,049 SF) and Lots 7–12 comprise Building B (11,588 SF). Quality finishes and thoughtful design. Optionality to position finished project for an exit or as an addition of 12 brand new units to your long-term rental portfolio. See rendering video in virtual tour link for site preview. Rendering photos and video are for visualization purposes only and are representative of the project but may not be exact.

Location & commute

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Directions

Property details

Listing details

Listing number
#2547989
Listed
June 30, 2026
Days on market
13

Construction

Style
41 - Res-Over 1 Acre
Structure
None

Lot

Lot size
54,057 sq ft

Terms

Terms offered
CashConventionalOwner Will CarrySee Remarks

Utilities

Utilities
Electricity ConnectedNatural Gas AvailableSeptic Design Installed
Water
Available
Sewer
Available

Schools

District
Renton

What stands out to you?

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  • None
  • Cash
  • Conventional
  • Owner Will Carry
  • See Remarks
  • Electricity Connected
  • Natural Gas Available
  • Septic Design Installed
  • Available

Listing history

  1. Listed

    $995,000

    June 30, 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

$5,794

Principal & interest
$5,031
Property tax (est.)
$763

Assumes $199,000 down (20%), a $796,000 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 2:00 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.