Western Parcel offers a rare opportunity to develop an 88-unit multifamily project in one of Seattle’s most connected and rapidly growing neighborhoods. The project has successfully completed Early Design Guidance, allowing the next owner to move efficiently toward permitting and construction. Located at the intersection of Columbia City, Hillman City, and Beacon Hill, the site benefits from a vibrant and culturally rich community known for its diverse dining, retail, arts, and entertainment options. The neighborhood’s strong identity and growing demand for housing continue to attract residents seeking an authentic urban lifestyle. The property is ideally positioned just two blocks from the future South Graham Street Light Rail Station, providing direct access to Downtown Seattle, Sea-Tac Airport, and the greater Puget Sound region. The site also offers convenient access to major bus routes and transportation corridors, supporting a highly walkable and transit-oriented living experience. Surrounded by parks, schools, employment centers, and daily amenities, Western Parcel is well suited for a modern residential development that combines urban accessibility with neighborhood character. The project may also qualify for Seattle’s Multi-Family Tax Exemption (MFTE) program, enhancing long-term investment potential.
Active
Listed by: eXp Realty • Charity Hill
Price cut: $150K (9/2)
$2,350,000
5721 35th Avenue S, Seattle, WA 98118
--beds
--baths
0.67Acres
Unimproved Land
Built in ----
0.67 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- --
- on Zillow
- 15
- views
- 0
- saves
Zillow last checked:
Listing updated:
Listed by:
Charity Hill,
eXp Realty
Source: NWMLS as distributed by MLS GRID,MLS#: 2521654
Facts & features
Interior
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Lot
- Size: 0.67 Acres
Details
- Parcel number: 2224049086
- Zoning: MR
- Zoning description: Commercial,Multi-Family,Jurisdiction: City
- Special conditions: Standard
Utilities & green energy
- Electric: Available
- Gas: Available
- Sewer: Available
- Water: Available
- Utilities for property: Electricity Available, Natural Gas Available
Community & HOA
Community
- Subdivision: Columbia City
Location
- Region: Seattle
Financial & listing details
- Annual tax amount: $14,852
- Date on market: 5/11/2026
- Listing terms: Conventional
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/2/2026 | Price change | $2,350,000-6% |
Source: | ||
| 5/11/2026 | Listed for sale | $2,500,000+19% |
Source: eXp Realty #2521654 Report a problem | ||
| 8/11/2018 | Sold | $2,100,000 |
Source: Agent Provided Report a problem | ||
Public tax history
Tax history is unavailable.







