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  • Listed by: Real Property Associates, Inc. • Michael Green
    $925,000

    2331 E Madison Street, Seattle, WA 98112

    --beds
    1,484sqft
    : 
    $5,617/mo
    Get pre-qualified
    Townhouse, Single Family Residence
    Built in 2010
    1,720 Square Feet Lot
    $906,300 Zestimate®
    $623/sqft
    $-- HOA

    What's special

    Contemporary finishesFull kitchenSignage potentialExceptional visibilityTwo bathroomsFive private officesWelcoming reception foyer
    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!
    21 days
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    163
    |
    5
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    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Green,

    Real Property Associates, Inc.

    Source: NWMLS as distributed by MLS GRID,MLS#: 2565513MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 2
      • 3/4 bathrooms: 1
      • 1/2 bathrooms: 1
      • Main level bathrooms: 1
      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: 5/4/2026
      • Cumulative days on market: 115 days
      • Listing terms: Conventional,See Remarks
      • Inclusions: Dishwasher(s), Garbage Disposal, Leased Equipment, Refrigerator(s)

        Estimated market value

        $906,300

        $861,000 - $952,000

        $3,851/mo

        Price history

        DateEventPrice
        8/6/2026Listed for sale$925,000+90.2%$623/sqft
        Source: NWMLS as distributed by MLS GRID #2565513 Report a problem
        2/25/2014Sold$486,250-2.8%$328/sqft
        Source: NWMLS as distributed by MLS GRID #532730 Report a problem
        3/26/2010Sold$500,000-16.7%$337/sqft
        Source: Public Record Report a problem
        2/1/2006Sold$600,000+71.4%$404/sqft
        Source: Public Record Report a problem
        1/21/2005Sold$350,000$236/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Madison Valley

        Getting around

        92 / 100
        Walker's Paradise
        61 / 100
        Good Transit
        66 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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