Opportunity for Development in Prime Leschi Location Rare 8,000 sq. ft. double lot in the highly sought-after Leschi neighborhood, offering partial views of Lake Washington. Exceptional opportunity for investors, builders, or developers seeking strong land value and future upside. Property is zoned LR1, presenting potential for redevelopment or reconfiguration (Buyer to verify). Existing 1901 Victorian structure has been converted into four residential units, providing interim income while planning your project. Value is primarily in the land and development potential. Owner occupies one unit—subject to landlord/tenant laws. Do not disturb tenants or access property without an appointment. Possible seller financing. Buyer to verify all information to their own satisfaction.
Active
Listed by: KR Brokers • Shelley A. Michael
Price cut: $140K (7/29)
$1,585,000
3004 E Yesler Way, Seattle, WA 98122
4beds
4baths
3,700sqft
Quadruplex, Multi Family
Built in 1901
-- sqft lot
$1,531,600 Zestimate®
$428/sqft
$-- HOA
What's special
- 110 days |
- 270 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Shelley A. Michael,
KR Brokers
Source: NWMLS as distributed by MLS GRID,MLS#: 2517241
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Forced Air, Electric, Natural Gas
Cooling
- Forced Air
Features
- Flooring: Ceramic Tile, Hardwood, Laminate, Marble, Carpet
- Has fireplace: No
Interior area
- Total structure area: 3,700
- Total interior livable area: 3,700 sqft
Property
Features
- Has view: Yes
- View description: Lake, Mountain(s), Partial
- Has water view: Yes
- Water view: Lake
Lot
- Size: 8,001 Square Feet
- Features: Curbs, Paved, Sidewalk, Value In Land, Deck, Patio, Rooftop Deck
Details
- Parcel number: 3416600735
- Zoning description: Multi-Family,Residential,Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 4-Plex
- Property subtype: Quadruplex, Multi Family
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition,Flat,Torch Down
Condition
- Fixer
- Year built: 1901
- Major remodel year: 1985
Utilities & green energy
- Electric: Company: Seattle City Light
- Sewer: Sewer Connected, Company: City of Seattle
- Water: Company: City of Seattle
Community & HOA
Community
- Subdivision: Leschi
Location
- Region: Seattle
Financial & listing details
- Price per square foot: $428/sqft
- Tax assessed value: $1,920,000
- Annual tax amount: $18,798
- Date on market: 5/2/2026
- Cumulative days on market: 110 days
- Listing terms: Conventional
Estimated market value
$1,531,600
$1.46M - $1.61M
$3,666/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/29/2026 | Price change | $1,585,000-8.1%$428/sqft |
Source:  NWMLS as distributed by MLS GRID #2517241 Report a problem | ||
| 6/22/2026 | Price change | $1,725,000-5.5%$466/sqft |
Source: NWMLS as distributed by MLS GRID #2517241 Report a problem | ||
| 5/2/2026 | Listed for sale | $1,825,000+10.6%$493/sqft |
Source: NWMLS as distributed by MLS GRID #2517241 Report a problem | ||
| 1/15/2021 | Listing removed | $1,650,000$446/sqft |
Source: NWMLS as distributed by MLS GRID #1694377 Report a problem | ||
| 12/2/2020 | Listed for sale | $1,650,000-10.8%$446/sqft |
Source: Savvy Lane Inc #1694377 Report a problem | ||
| 7/7/2020 | Listing removed | $1,850,000$500/sqft |
Source: Savvy Lane Inc #1579276 Report a problem | ||
| 4/28/2020 | Price change | $1,850,000-6.3%$500/sqft |
Source: Savvy Lane Inc #1579276 Report a problem | ||
| 3/17/2020 | Listed for sale | $1,975,000$534/sqft |
Source: Savvy Lane Inc #1579276 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $20,585 +9.5% | $1,920,000 +2% |
| 2024 | $18,798 +2.1% | $1,883,000 |
| 2023 | $18,409 +27.2% | $1,883,000 +15.9% |
| 2022 | $14,467 +1.7% | $1,624,000 +10.2% |
| 2021 | $14,225 +4.5% | $1,474,000 +9.9% |
| 2020 | $13,617 -14.1% | $1,341,000 -16.4% |
| 2019 | $15,857 +11.6% | $1,604,000 +0.4% |
| 2018 | $14,214 +1.3% | $1,598,000 +16.5% |
| 2017 | $14,032 +43.6% | $1,372,000 +14% |
| 2016 | $9,773 | $1,204,000 +8.3% |
| 2015 | $9,773 | $1,112,000 +13.6% |
| 2014 | $9,773 | $979,000 +37.1% |
| 2013 | $9,773 | $714,000 +10.4% |
| 2012 | -- | $647,000 -1.2% |
| 2011 | -- | $655,000 -4.8% |
| 2010 | -- | $688,000 |
| 2009 | -- | $688,000 +63% |
| 2006 | -- | $422,000 +9.3% |
| 2005 | -- | $386,000 +8.7% |
| 2001 | $4,169 +11.1% | $355,000 +17.5% |
| 2000 | $3,753 | $302,000 |
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: Leschi
Nearby schools
GreatSchools rating
- 5/10Leschi Elementary SchoolGrades: K-5Distance: 0.1 mi
- 5/10Edmonds S. Meany Middle SchoolGrades: 6-8Distance: 1.5 mi
- 8/10Garfield High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- Elementary: Leschi
- Middle: Wash Mid
- High: Garfield 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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