About this home

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.

Schools

Elementary

Leschi

High

Garfield High

Property details

View: Territorial
Lot: Corner Lot, Sidewalk
Water source: On Property
Sewer: On Property
Utilities: Electricity Connected, Natural Gas Available

Costs

Annual taxes: $9,419 (2026)

Estimate your monthly payment

$6,600/mo

Principal & interest: $5,815
Property taxes: $785

Down payment (20%) $230,000 Interest rate (%) Loan term (years)

Loan amount $920,000

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 Keller Williams Realty Bothell— Erica Alexei.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.

Interested in this home?

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