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.
317 days
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118
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2
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Zillow last checked:
Listing updated:
Listed by:
Tyler J. Bretz,
Urban Commercial Partners, LLC,
Jason Elrod,
Urban Commercial Partners, LLC
Source: NWMLS as distributed by MLS GRID,MLS#: 2439670
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 3
Heating
Electric
Cooling
None
Features
Has fireplace: No
Interior area
Total structure area: 2,820
Total interior livable area: 2,820 sqft
Property
Parking
Total spaces: 2
Parking features: Open
Uncovered spaces: 2
Features
Has view: Yes
Lot
Size: 7,609 Square Feet
Features: Corner Lot, Value In Land
Details
Parcel number: 9122000236
Zoning description: Multi-Family,Residential,See Remarks,Jurisdiction: City
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Architectural style: Duplex
Property subtype: Duplex, Multi Family
Materials
Brick
Foundation: Poured Concrete
Roof: Composition
Condition
Fixer
Year built: 1954
Major remodel year: 1954
Utilities & green energy
Electric: Company: Seattle City Light
Sewer: Sewer Connected, Company: SPU
Water: Public, Company: Seattle Public Utilities
Community & HOA
Community
Subdivision: Beacon Hill
Location
Region: Seattle
Financial & listing details
Price per square foot: $459/sqft
Tax assessed value: $1,211,000
Annual tax amount: $12,083
Date on market: 9/30/2025
Cumulative days on market: 318 days
Listing terms: Conventional
Estimated market value
Zestimate®
$1,232,200
Estimated sales range
$1.17M - $1.29M
Rent Zestimate®
$2,882/mo
Price history
Date
Event
Price
9/30/2025
Listed for sale
$1,295,000+223.7%$459/sqft
Source: NWMLS as distributed by MLS GRID #2439670Report a problem