A rare opportunity to owner-occupy a one-of-a-kind commercial space in the heart of Capitol Hill; thoughtfully configured for today’s entrepreneur, creative professional, or wellness practice. With prominent street-level retail frontage on E. Madison Street, this property offers exceptional visibility, signage potential, and a professional presence in one of Seattle’s most vibrant neighborhoods. Whether you’re an investor seeking income potential or a professional ready to own the space where your business thrives, this property offers flexibility today through owner occupancy and possibilities for tomorrow. Currently designed with five private offices, two bathrooms, and a full kitchen, the layout is ideally suited for therapists, counselors, coaches, bodyworkers, attorneys, consultants, or other professional service businesses. The main level features a welcoming reception foyer, contemporary finishes, an oversized ½ bathroom, kitchen with comfortable seating area, and two private offices. Upstairs offers three additional offices, a ¾ bath, washer/dryer hookup, and two balconies that fill the space with natural light. Originally designed as a live/work residence, the flexible floor plan offers future potential to reimagine the space to suit your vision as desired. Centrally located with easy access to everything Capitol Hill and Seattle have to offer, this is an opportunity where business, lifestyle, and long-term potential come together. Your logo belongs here!
Pending
Listed by: Real Property Associates, Inc. • Michael Green
$925,000
2331 E Madison Street, Seattle, WA 98112
--beds
1,484sqft
Townhouse, Single Family Residence
Built in 2010
1,720 Square Feet Lot
$902,400 Zestimate®
$623/sqft
$-- HOA
What's special
Contemporary finishesFull kitchenSignage potentialExceptional visibilityTwo bathroomsFive private officesWelcoming reception foyer
- --
- on Zillow
- 18
- views
- 0
- saves
Zillow last checked:
Listing updated:
Listed by:
Michael Green,
Real Property Associates, Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2565513
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 2
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Bathroom three quarter
- Level: Second
Other
- Level: Main
Den office
- Level: Main
Den office
- Level: Main
Den office
- Level: Second
Den office
- Level: Second
Den office
- Level: Second
Entry hall
- Level: Main
Kitchen with eating space
- Level: Main
Other
- Level: Second
Heating
- Ductless, Electric, Natural Gas
Cooling
- Ductless
Appliances
- Included: Dishwasher, Disposal, Refrigerator, Dishwasher(s), Garbage Disposal, Refrigerator(s), Water Heater: Gas, Water Heater Location: Entry closet
Features
- Flooring: Ceramic Tile, Concrete, Engineered Hardwood
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 1,484
- Total interior livable area: 1,484 sqft
Property
Parking
- Parking features: None
Features
- Levels: Multi/Split
- Entry location: Main
- Patio & porch: Water Heater
- Has view: Yes
- View description: City, Mountain(s), Partial, Territorial
Lot
- Size: 1,720 Square Feet
- Features: Curbs, Paved, Sidewalk, Deck
Details
- Parcel number: 1813800005
- Zoning: NC255 (M)
- Special conditions: Standard
- Other equipment: Leased Equipment: No
Construction
Type & style
- Home type: Townhouse
- Architectural style: Townhouse
- Property subtype: Townhouse, Single Family Residence
Materials
- Cement Planked, Metal/Vinyl, Wood Products, Cement Plank
- Foundation: Poured Concrete
- Roof: Metal
Condition
- Good
- Year built: 2010
- Major remodel year: 2010
Utilities & green energy
- Sewer: Sewer Connected
- Water: Public
Community & HOA
Community
- Subdivision: Capitol Hill
Location
- Region: Seattle
Financial & listing details
- Price per square foot: $623/sqft
- Tax assessed value: $1,038,800
- Annual tax amount: $10,561
- Date on market: 8/6/2026
- Listing terms: Conventional,See Remarks
- Inclusions: Dishwasher(s), Garbage Disposal, Leased Equipment, Refrigerator(s)
Estimated market value
$902,400
$857,000 - $948,000
$3,738/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/10/2026 | Pending sale | $925,000$623/sqft |
Source:  NWMLS as distributed by MLS GRID #2565513 Report a problem | ||
| 8/6/2026 | Listed for sale | $925,000+90.2%$623/sqft |
Source: NWMLS as distributed by MLS GRID #2565513 Report a problem | ||
| 2/25/2014 | Sold | $486,250-2.8%$328/sqft |
Source: NWMLS as distributed by MLS GRID #532730 Report a problem | ||
| 3/26/2010 | Sold | $500,000-16.7%$337/sqft |
Source: Public Record Report a problem | ||
| 2/1/2006 | Sold | $600,000+71.4%$404/sqft |
Source: Public Record Report a problem | ||
| 1/21/2005 | Sold | $350,000$236/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,561 +7.7% | $1,038,800 |
| 2024 | $9,805 +23% | $1,038,800 +21.7% |
| 2023 | $7,974 +11.3% | $853,300 |
| 2022 | $7,163 -12.5% | $853,300 -4.1% |
| 2021 | $8,182 -0.8% | $890,000 +4.3% |
| 2020 | $8,248 +39.8% | $853,300 +40.3% |
| 2019 | $5,898 +21.1% | $608,400 +9.3% |
| 2018 | $4,872 -8.7% | $556,500 +4.5% |
| 2017 | $5,338 +16.3% | $532,700 +15.8% |
| 2016 | $4,589 | $460,100 +2% |
| 2015 | $4,589 | $451,200 -5% |
| 2014 | $4,589 | $474,800 |
| 2013 | $4,589 | $474,800 +5.2% |
| 2012 | -- | $451,300 +118.4% |
| 2010 | -- | $206,600 |
| 2009 | -- | $206,600 -34.7% |
| 2007 | -- | $316,200 +41.7% |
| 2006 | -- | $223,200 +33.3% |
| 2005 | -- | $167,400 +50% |
| 2001 | $1,298 +40.8% | $111,600 +50% |
| 2000 | $922 | $74,400 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Madison Valley
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