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Melissa Erickson

melissaerickson@windermere.com +1(360) 772-1623

Listed by:Prolink Realty, LLC • Donald C. Tsai

$ 1,956,800

Est. payment | -/mo

9 Beds

3 Baths

2,796 SqFt

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$ 1,956,800

Est. payment | -/mo

Save Virtual Tour

9 Beds

3 Baths

2,796 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,796 sqft

Price per Sqft $699

Subdivision University District

MLS Listing ID 2561050

Style 52 - Duplex

Bedrooms 9

Year Built 1919

Annual Tax Amount $18,425

Lot Size 6,599 Sqft

Property Sub-Type Multi Family

Property Description

Prime U-District Investment & Development Opportunity! Rare fully leased duplex on a large 6,599 SF lot in the heart of the University District. Zoned MR (M1) with an 80-ft height limit, 4.5 FAR, and no min. parking requirement, offering massive long-term redevelopment upside. The well-maintained property features a spacious 7-bed/2-bath main unit with updated luxury vinyl plank flooring and a 2-bed/1-bath basement unit leased to a long-term tenant. Additional amenities include an on-site common area laundry room equipped with a washer and dryer. Total units generate steady income for the 2026–2027 academic year while you plan your project. Survey and geotechnical reports available. Unbeatable walk score just blocks to the University of Washington, UW Medical Center, Link Light Rail Station, restaurants, shopping, and I-5. Perfect cash-flowing asset, land-hold investment, or future multifamily site. Do not disturb tenants.

Location

State WA

County King

Area 710 - North Seattle

Interior

Flooring Hardwood, Laminate, Vinyl Plank, Carpet

Fireplace false

Exterior

Exterior Feature Wood

Garage Spaces 2.0

Amenities Available Cable TV, Fenced-Partially, Gas Available, Outbuildings

View Y/N Yes

View City, Territorial

Roof Type Composition

Building

Lot Description Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools John Stanford Intl

Middle Schools Hamilton Mid

High Schools Lincoln High

School District Seattle

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://my.matterport.com/show/?m=yMCEM4fLA4a

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Nearby Locations

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Melissa Erickson

Associate Broker | Lic# 115398

melissaerickson@windermere.com

+1(360) 772-1623

209 West Main, Ste 200, Kelso, WA, 98626

4247 7th AVE NE Seattle, WA 98105

Melissa Erickson

Key Details

Location

Interior

Exterior

Building

Schools

Others

4247 7th AVE NE