Attention Builders and Developers! Permit-ready 12-unit residential development opportunity in Seattle’s South Park neighborhood. Rare opportunity to acquire a substantially entitled project with the construction permit ready for pickup and demolition permit already issued —positioning the buyer to move directly toward construction after closing rather than starting the approval process from scratch. Prime development site featuring a massive 14,586 SF flat lot. The project includes 12 units ranging from 930 SF to 1,180 SF, with two alternating functional layouts: 2 bedrooms/1.75 baths and 2 bedrooms/2.5 baths. Each unit includes its own dedicated parking space. Plans are included in the list price and available upon request.
Active
Listed by: Specialty Real Estate Group • Chao Wei
$1,399,500
9348 7th Avenue S, Seattle, WA 98108
--beds
--baths
0.33Acres
Unimproved Land
Built in ----
0.33 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- --
- on Zillow
- 100
- views
- 1
- save
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Chao Wei,
Specialty Real Estate Group
Source: NWMLS as distributed by MLS GRID,MLS#: 2583503
Facts & features
Interior
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Lot
- Size: 0.33 Acres
- Topography: Level
Details
- Parcel number: 2433200117
- Zoning description: Residential,Jurisdiction: City
- Special conditions: Standard
Utilities & green energy
- Electric: On Property
- Gas: In Street
- Sewer: On Property
- Water: On Property
- Utilities for property: Electricity Connected, Natural Gas Available
Community & HOA
Community
- Subdivision: South Park
Location
- Region: Seattle
Financial & listing details
- Tax assessed value: $375,000
- Annual tax amount: $4,348
- Date on market: 9/17/2026
- Listing terms: Conventional
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/17/2026 | Listed for sale | $1,399,500+263.5% |
Source:  NWMLS as distributed by MLS GRID #2583503 Report a problem | ||
| 9/23/2022 | Sold | $385,000-14.4% |
Source: NWMLS as distributed by MLS GRID #1982638 Report a problem | ||
| 8/26/2022 | Pending sale | $450,000 |
Source: NWMLS as distributed by MLS GRID #1982638 Report a problem | ||
| 8/16/2022 | Listed for sale | $450,000 |
Source: NWMLS as distributed by MLS GRID #1982638 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,348 +7% | $375,000 -1.1% |
| 2024 | $4,064 -4.4% | $379,000 +9.2% |
| 2023 | $4,252 +11.1% | $347,000 -4.9% |
| 2022 | $3,827 -4% | $365,000 +1.7% |
| 2021 | $3,985 +5.1% | $359,000 +10.8% |
| 2020 | $3,792 +3.9% | $324,000 +2.2% |
| 2019 | $3,648 +18.8% | $317,000 +9.3% |
| 2018 | $3,070 +6.1% | $290,000 +21.8% |
| 2017 | $2,892 +24.7% | $238,000 +12.8% |
| 2016 | $2,320 | $211,000 -5.4% |
| 2015 | $2,320 | $223,000 +10.9% |
| 2014 | $2,320 | $201,000 +6.9% |
| 2013 | $2,320 | $188,000 -10.9% |
| 2012 | -- | $211,000 -9.8% |
| 2011 | -- | $234,000 -6% |
| 2010 | -- | $249,000 |
| 2009 | -- | $249,000 +26.4% |
| 2007 | -- | $197,000 +6.5% |
| 2006 | -- | $185,000 +13.5% |
| 2005 | -- | $163,000 +56.7% |
| 2001 | $1,296 +9.3% | $104,000 +14.3% |
| 2000 | $1,186 | $91,000 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: South Park
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