About this home

North Beacon Hill development site, zoned LR3 urban village and situated on a 7,610 SF lot. This covered land play presents a unique income-producing development opportunity with the existing duplex that currently generates $63,000 in gross annual income, providing immediate cash flow for investors during the pre-development or entitlement process. The site supports higher density residential or mixed-use development. The zoning flexibility allows for long-term appreciation through redevelopment while retaining near-term income from the existing duplex. This dual profile makes the offering attractive to both investors seeking cash flowing assets and developers targeting urban infill opportunities.

Property details

View: Mountains
Lot: Alley, Corner Lot
Water source: Available
Sewer: Available, In Street
Utilities: Electricity Connected, Natural Gas Available

Costs

Annual taxes: $12,083 (2025)

Estimate your monthly payment

$7,555/mo

Principal & interest: $6,548
Property taxes: $1,007

Down payment (20%) $259,000 Interest rate (%) Loan term (years)

Loan amount $1,036,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Seattle, WA 98144

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Urban Commercial Partners, LLC— Jason Elrod.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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