Rare corner lot development or renovation opportunity in Seattle's Central District — one of the city's most historically significant and rapidly transforming urban neighborhoods. Zoned LR2(M), this 3,600 SF corner parcel features an existing ~5,500 SF two-story structure that served as a neighborhood anchor for over four decades. Corner positioning offers flexible site design, enhanced visibility, and superior development potential compared to mid-block parcels. Rear alley access provides additional site utility and flexibility. Newer multifamily development is evident throughout the immediate surrounding blocks, reflecting the neighborhood's ongoing transformation and strong momentum in this neighborhood. Ideally situated within walking distance of Swedish Hospital Cherry Hill, Seattle University, and Garfield High School. Minutes to Capitol Hill, First Hill, and downtown Seattle with convenient I-5 access and robust Metro transit connectivity — all key demand drivers for the area. Buyer to verify all zoning, permitting, and development feasibility
85 days
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161
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6
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Zillow last checked:
Listing updated:
Listed by:
Trevor Asay,
Asay Realty,
Sarah Asay,
Asay Realty
Source: NWMLS as distributed by MLS GRID,MLS#: 2530629
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Heating
Forced Air, Electric
Cooling
None
Features
Has fireplace: No
Interior area
Total structure area: 5,496
Total interior livable area: 5,496 sqft
Property
Parking
Total spaces: 4
Uncovered spaces: 4
Lot
Size: 3,598 Square Feet
Features: Paved, Sidewalk
Details
Parcel number: 9126100340
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Architectural style: 5-9 Units
Property subtype: Multi Family
Materials
Metal/Vinyl
Roof: Flat
Condition
Year built: 1901
Major remodel year: 1975
Utilities & green energy
Sewer: Sewer Connected
Water: Public
Community & HOA
Community
Subdivision: Capitol Hill
Location
Region: Seattle
Financial & listing details
Price per square foot: $255/sqft
Tax assessed value: $1,792,000
Annual tax amount: $714
Date on market: 5/28/2026
Cumulative days on market: 86 days
Listing terms: Conventional,See Remarks
Estimated market value
Zestimate®
$1,361,700
Estimated sales range
$1.29M - $1.43M
Rent Zestimate®
$2,866/mo
Price history
Date
Event
Price
7/20/2026
Price change
$1,400,000-17.6%$255/sqft
Source: NWMLS as distributed by MLS GRID #2530629Report a problem
5/28/2026
Listed for sale
$1,700,000+2025%$309/sqft
Source: NWMLS as distributed by MLS GRID #2530629Report a problem