Lake Union Homes with 42 - Multi-Family Style

Lake Union Homes with 42 - Multi-Family Style

Welcome to the vibrant neighborhood of Lake Union in Seattle, Washington. This picturesque area is nestled in King County, offering a perfect blend of urban convenience and natural beauty. Lake Union is known for its stunning views of the water and the city skyline, making it a highly sought-after location for both residents and visitors.

If you're looking for a home in Lake Union that offers multi-family living, you're in luck. The Homes with 42 community provides a range of multi-family style residences that cater to diverse lifestyles. Whether you're a young professional looking for a modern apartment or a family in need of a spacious townhouse, you'll find the perfect living space in this dynamic neighborhood.

Living in Lake Union means having easy access to a variety of amenities and attractions. From trendy restaurants and boutique shops to scenic parks and cultural venues, there's always something to explore and enjoy. The neighborhood also boasts excellent transportation options, allowing residents to commute easily to other parts of Seattle.

Don't miss the opportunity to be a part of the Lake Union community and experience the best of Seattle living. With its unique charm and endless possibilities, Lake Union is the perfect place to call home for those seeking a dynamic and fulfilling lifestyle.

Newest Lake Union Homes with 42 - Multi-Family Style

$1,075,000
2507351 MLS ⋅ ACTIVE Status
TOWNHOUSE REDEVELOPMENT OPPORTUNITY NEAR FREMONT/WALLINGFORD/GREENLAKE | 4,000 SF LOT WITh LR2 (M) ZONING 807 N 49th St is located just blocks from the Woodland Park Zoo, this 4,000 square foot lot is zoned LR2 (M), a highly desirable zoning code for townhome and small-scale multifamily development. Historically, LR-zoned sites were subject to unit-count density caps that limited overall development potential. However, with the implementation of HB 1110 in June 2025, those constraints have been removed in favor of a building envelope driven by FAR, height, and setback standards, meaning the total buildable size is now the primary limitation rather than the number of units. This shift allows developers to increase unit count through more efficient design, creating a more compelling development opportunity for 4+ luxury townhomes (buyer to verify) with skyline views in one of Seattle’s most sought-after neighborhoods. The existing structure on the site currently operates as a 5 Unit apartment building producing $50,311 in annual net operating income.

807 N 49th Street, Seattle

Listing courtesy of Blake Investment Advisors.

$1,300,000
2485451 MLS ⋅ ACTIVE Status
Reduced Price! DEVELOPMENT POTENTIAL in Freemont ~ Zoned LM1 (M) Residential Lot Size 5,000 sf, Allowed Units 4–6 units depending on design. Possible FAR Up to 1.2 FAR (~6,000 sf), Potential Unit Types include flats, stacked flats, townhouses, row houses & ADUs. 4 principal units + 1–2 ADUs (detached or attached). Max Height 32', depending on configuration. ADUs can be up to ~1,000 sf each (subject to design compliance). Under updated 2025 "Middle Housing" rules, residential lots in Seattle now support a baseline of 4 units, more if next to transit and affordable housing is added to the mix. Buyer to verify all information to their own satisfaction. We are entertaining ALL OFFERS!

4309 Evanston Avenue N, Seattle

Listing courtesy of Windermere Real Estate/HLC.

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