1403 E Alder Street, Seattle, WA 98122
- $499,000
- 3
- BD
- 1
- BA
- 720
- SqFt
Listing courtesy of Windermere Real Estate Co..
- List Price
- $499,000
- Status
- ACTIVE
- MLS#
- 2583937
- Days on Market
- 0
- Bedrooms
- 3
- Finished SqFt
- 720
- Area Total SqFt
- 720
- Annual Tax Ammount
- 6280.5
- Internet Provider
- T Mobile
- Lot Size (sq ft)
- 4,089
- Sewer
- Sewer Connected
- Offer Review Date
- 2026-09-22
Property Description
Prime Central District Development Opportunity! Approximately 4,089 SF corner lot (84' x 49') zoned LR1, offering strong development potential for townhouse-style or multi-unit development, subject to buyer verification. The existing structure is likely a teardown - offered strictly as-is, with the primary value centered on the land and its development potential. Alternatively, buyers may consider a down-to-the-studs remodel and rebuild to create a 1 story with basement custom home tailored to their vision. Located in a desirable and rapidly evolving neighborhood surrounded by new construction and residential growth, the property offers convenient access to major industry, commuter routes, shopping, dining, parks, and the many amenities of Seattle's Central District. An exceptional opportunity for builders, developers, and investors to create value in one of Seattle’s high-demand areas. Bring your vision—opportunities like this are increasingly rare. Buyer to independently verify zoning, land use, permitting requirements, feasibility, and all development potential with the City of Seattle.
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Additional Information
- Community
- Central Area
- Style
- 16 - 1 Story w/Bsmnt.
- Basement
- Partially Finished
- Year Built
- 1945
- View
- City
- Roof
- Composition
- Site Features
- Fenced-Fully, Gas Available, Patio
- Tax Year
- 2026
- School District
- Seattle
- Elementary School
- Bailey Gatzert
- Middle School
- Wash Mid
- High School
- Garfield High
- Potential Terms
- Cash, Conventional, Rehab Loan, VA Loan
- Flooring
- Hardwood, Vinyl, Carpet
- Driving Directions
- From I-5, take the James Street exit, head east, turn right onto 14th Ave, left onto E Alder St, and continue to 1403 E Alder St.
- Appliance
- Refrigerator, Stove(s)/Range(s), Washer
- Appliances Included
- Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Energy Source
- Electric
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.