Skip to content
JRJeff ReynoldsCompass · Seattle

Listed by Erica Alexei, Keller Williams Realty Bothell

Land
Type
4,900 sq ft
Lot
11
Days on market

About this property

Prime Central District development opportunity!! 4,900 sq ft corner lot zoned LR2 (M) with an 8-unit townhouse project already in the final correction stage with the City of Seattle. Much of the design and permitting work has been completed, giving the next owner a valuable head start toward redevelopment. Architectural fees and third-party consultant fees have already been paid, adding even more value for the next owner. Existing triplex provides interim income potential with one 2BD/1BA unit and two 1BD/1BA units, with a shared laundry. Separate meters and driveways on both sides of the lot add flexibility. Grab your shovel, and get ready to unlock the full potential of this well-positioned CD site. Request marketing file for full project description. Purchase price includes the price of the permits.

Location & commute

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

Directions

Property details

Listing details

Listing number
#2549317
Listed
July 2, 2026
Days on market
11

Views

View
Territorial

Construction

Style
42 - Multi-Family
Structure
None

Lot

Lot features
Corner LotSidewalk
Lot size
4,900 sq ft

Terms

Terms offered
CashConventionalFHA

Utilities

Utilities
Electricity ConnectedNatural Gas Available
Water
On Property
Sewer
On Property

Schools

District
Seattle
Elementary
Leschi
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.

  • Territorial
  • None
  • Corner Lot
  • Sidewalk
  • Cash
  • Conventional
  • FHA
  • Electricity Connected
  • Natural Gas Available
  • On Property

Listing history

  1. Listed

    $1,150,000

    July 2, 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

$6,697

Principal & interest
$5,815
Property tax (est.)
$882

Assumes $230,000 down (20%), a $920,000 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 12:00 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.