201 & 205 26th AVE E, Seattle, WA 98112
201 & 205 26th AVE E, Seattle, WA 98112
201 & 205 26th AVE E, Seattle, WA 98112
201 & 205 26th AVE E, Seattle, WA 98112
201 & 205 26th AVE E, Seattle, WA 98112
201 & 205 26th AVE E, Seattle, WA 98112
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
RSVP Real Estate Group

RSVP Real Estate Group

+1(425) 610-7787
Listed by:Windermere RE/Capitol Hill,Inc • Dustin Van Wyck
$ 1,999,950
Est. payment | /mo

9,600 Sqft Lot

Save
$ 1,999,950
Est. payment | /mo
Save

9,600 Sqft Lot

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

Subdivision Madison Valley

MLS Listing ID 2552274

Style 42 - Multi-Family

Annual Tax Amount $23,128

Lot Size 9,600 Sqft

Property Sub-Type Land

Property Description

Corner double-lot opportunities like this simply don't come around: two side-by-side triplexes at 201 and 205 26th Ave E, offered together as a single six-unit assemblage commanding the corner of 26th Ave E and E John St, in one of Seattle's most desirable and centrally located neighborhoods just minutes from Downtown, South Lake Union, and the Eastside. Six two-bedroom apartments span the two matched buildings, with 201's spacious owner's suite a natural fit for an owner-occupant who wants to live in one home and let the others help carry it. With alley-accessed off-street parking and a full-corner footprint, it delivers the practical features investors and developers actually look for. All six units are income-producing, delivering in-place cash flow from day one. And the options are what set it apart: hold as-is for a stable six-unit income position in a location that consistently holds its value; redevelop under its LR3 (Lowrise 3) zoning, where the combined lots offer the density and scale for new townhomes or apartments that a single parcel can't match; or take the existing buildings through a full rehab and reposition them as modernized, higher-yield homes. A contiguous LR3 corner assemblage like this rarely trades, and almost never as a matched pair of side-by-side triplexes. Two Parcels 982870-2400 & 982870-2405

Location

State WA

County King

Area 390 - Central Seattle

Interior

Fireplace false

Exterior

Utilities Available Electricity Connected, Natural Gas Available

View Y/N Yes

View City

Building

Lot Description Corner Lot, Curbs, Paved, Sidewalk

Sewer On Property

Water On Property

Schools

Elementary Schools Mc Gilvra

Middle Schools Meany Mid

High Schools Garfield High

School District Seattle

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

Nearby Schools & Businesses

GET MORE INFORMATION

RSVP Real Estate Group

RSVP Real Estate Group

+1(425) 610-7787

Real Estate Firm | License ID: 17634

Real Estate Firm License ID: 17634

Name*

Name

Phone*

Phone

Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from RSVP Real Estate Group, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.