Rare opportunity to acquire an income-producing redevelopment property in one of Seattle's most sought-after neighborhoods. Positioned on a flat 5,449 SF lot with NR3 zoning allowing the potential for up to four residential units, this Greenwood property combines immediate rental income with exceptional long-term upside at an accessible price point. The existing single-family home is currently configured with separately rented upper and lower living spaces, generating $2,800/month in rental income while you pursue design, permitting, and redevelopment. Unlike a typical redevelopment site, this property provides income during the entitlement process, helping offset carrying costs while preserving multiple investment strategies. Just off Greenwood Ave with a Walk Score of 81, the property is steps from restaurants, parks, and everyday conveniences. Enjoy quick access to Hwy 99, I-5, Northgate Link Light Rail, RapidRide, and downtown Seattle. Per neighbors, future development may capture Olympic Mountain views, enhancing value. Whether you're planning your first redevelopment project or adding to an established portfolio, opportunities that combine immediate income, development flexibility, and a premier North Seattle location are increasingly difficult to find.
Pending feasibility
Listed by: Real Broker LLC • Ashley Abrams
$595,000
201 N 101st Street, Seattle, WA 98133
2beds
1,150sqft
Single Family Residence
Built in 1926
5,449 Square Feet Lot
$604,100 Zestimate®
$517/sqft
$-- HOA
What's special
- 21 days |
- 558 |
- 46 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Offers reviewed: Aug 05
Listed by:
Ashley Abrams,
Real Broker LLC
Source: NWMLS as distributed by MLS GRID,MLS#: 2560712
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 2
Heating
- Ductless, Electric
Cooling
- Ductless
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Washer(s), Water Heater: Electric, Water Heater Location: Basement
Features
- Flooring: Vinyl, Carpet
- Basement: Finished
- Has fireplace: No
Interior area
- Total structure area: 1,150
- Total interior livable area: 1,150 sqft
Property
Parking
- Parking features: Driveway, Off Street
Features
- Levels: One and One Half
- Stories: 1
- Entry location: Main
- Patio & porch: Water Heater
Lot
- Size: 5,449 Square Feet
- Features: Curbs, Paved, Cable TV, Fenced-Partially, Gas Available
- Topography: Level
Details
- Parcel number: 6170900025
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 1/2 Stry w/Bsmt
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1926
- Major remodel year: 1926
Utilities & green energy
- Electric: Company: Seattle City Light
- Sewer: Sewer Connected, Company: Seattle Public Utilities
- Water: Public, Company: Seattle Public Utilities
Community & HOA
Community
- Subdivision: Greenwood
Location
- Region: Seattle
Financial & listing details
- Price per square foot: $517/sqft
- Tax assessed value: $648,000
- Annual tax amount: $7,201
- Offers reviewed: 08/05/2026
- Date on market: 7/29/2026
- Cumulative days on market: 22 days
- Listing terms: Conventional,FHA
- Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Total actual rent: 2795
Estimated market value
$604,100
$574,000 - $634,000
$3,407/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/7/2026 | Pending sale | $595,000$517/sqft |
Source:  NWMLS as distributed by MLS GRID #2560712 Report a problem | ||
| 7/30/2026 | Listed for sale | $595,000+242%$517/sqft |
Source: NWMLS as distributed by MLS GRID #2560712 Report a problem | ||
| 8/6/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 8/1/2024 | Price change | $1,795-10%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/4/2024 | Price change | $1,995-9.1%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/23/2024 | Listed for rent | $2,195+22.3%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/15/2021 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 9/29/2021 | Listed for rent | $1,795$2/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 9/13/2019 | Listing removed | $1,795$2/sqft |
Source: Real Property Associates Report a problem | ||
| 8/30/2019 | Price change | $1,795+5.9%$2/sqft |
Source: Real Property Associates Report a problem | ||
| 8/29/2019 | Listed for rent | $1,695-5.6%$1/sqft |
Source: Zillow Rental Network Report a problem | ||
| 8/29/2018 | Listing removed | $1,795$2/sqft |
Source: Zillow Rental Network Report a problem | ||
| 7/30/2018 | Price change | $1,795-10%$2/sqft |
Source: Zillow Rental Network Report a problem | ||
| 7/18/2018 | Price change | $1,995-9.1%$2/sqft |
Source: Zillow Rental Network Report a problem | ||
| 6/12/2018 | Price change | $2,195-8.4%$2/sqft |
Source: Zillow Rental Network Report a problem | ||
| 5/30/2018 | Listed for rent | $2,395$2/sqft |
Source: Zillow Rental Network Report a problem | ||
| 7/13/2001 | Sold | $174,000$151/sqft |
Source: NWMLS as distributed by MLS GRID #21074473 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,149 +12.8% | $648,000 +5.5% |
| 2024 | $6,337 +4.5% | $614,000 +4.2% |
| 2023 | $6,063 +5.2% | $589,000 -5.8% |
| 2022 | $5,763 +4.3% | $625,000 +13.2% |
| 2021 | $5,524 +11.7% | $552,000 +18.7% |
| 2020 | $4,947 +0.1% | $465,000 -1.7% |
| 2019 | $4,941 +8% | $473,000 -3.1% |
| 2018 | $4,575 +1.9% | $488,000 +16.7% |
| 2017 | $4,490 +50.8% | $418,000 +18.8% |
| 2016 | $2,978 | $352,000 +10% |
| 2015 | $2,978 | $320,000 +13.5% |
| 2014 | $2,978 | $282,000 +9.7% |
| 2013 | $2,978 | $257,000 +12.2% |
| 2012 | -- | $229,000 -8.8% |
| 2011 | -- | $251,000 -9.1% |
| 2010 | -- | $276,000 |
| 2009 | -- | $276,000 +7% |
| 2007 | -- | $258,000 +5.3% |
| 2006 | -- | $245,000 +11.9% |
| 2005 | -- | $219,000 +43.1% |
| 2001 | $1,857 +3.5% | $153,000 +8.5% |
| 2000 | $1,794 | $141,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Greenwood
Nearby schools
GreatSchools rating
- 7/10Viewlands Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 8/10Whitman Middle SchoolGrades: 6-8Distance: 1 mi
- 8/10Ingraham High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- Elementary: Viewlands
- Middle: Whitman Mid
- High: Ingraham High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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