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$775,000
3 Beds ⋅ 1 Baths ⋅ 2548900 MLS ⋅ ACTIVE Status
Rare opportunity to acquire three adjoining, legally separate parcels in Seattle's growing South Park neighborhood, offered together as one unique package. The property includes a lightly renovated, move-in-ready 3-bedroom, 1-bath, 1,490 SF home plus two adjacent buildable lots, offering exceptional flexibility for builders, investors, or owner-occupants. Live in or rent the existing home while developing the neighboring parcels, create a multi-property investment, or take advantage of the significant planning already completed. The vacant lots include permit-ready plans for two new 2,000+ SF homes, providing an opportunity to move forward with development without starting the process from scratch. Each parcel is legally separate with its own assigned address, allowing for multiple potential ownership and development strategies. Whether you're looking to generate rental income during construction, build and sell, or create a long-term real estate investment, this three-parcel offering presents a compelling opportunity to acquire the entire assemblage together. The home and individual parcels are also marketed separately. See MLS #2476505, #2476503, #2520051) for additional information.

702 S Director Street, Seattle

Listing courtesy of COMPASS.

$425,000
3 Beds ⋅ 1 Baths ⋅ 2520051 MLS ⋅ ACTIVE Status
Charming 3-bedroom, 1-bath home offering approximately 1,490 square feet in Seattle's rapidly growing South Park neighborhood. Lightly renovated and move-in ready, this property presents an excellent opportunity for homeowners, investors, or builders looking to generate rental income while exploring future development potential. For those seeking additional opportunity, the adjoining buildable parcels are available for purchase separately, including permit-ready plans for new 2,000+ SF homes. Together, the neighboring properties offer the potential to assemble a unique development opportunity. Please see MLS #2548900, #2476505 & #2476503) for additional details. Whether you're looking for a comfortable home, an investment property, or the opportunity to expand your footprint through the purchase of the adjacent parcels, this property offers exceptional flexibility in one of Seattle's up-and-coming neighborhoods.

702 S Director Street, Seattle

Listing courtesy of COMPASS.

$799,995
5 Beds ⋅ 4 Baths ⋅ 2485081 MLS ⋅ ACTIVE Status
South Park income-producing property featuring a beautifully updated Northwest Contemporary home with a basement apartment and detached DADU, offering excellent potential for rental income. The main home showcases vaulted ceilings with exposed beams, warm wood flooring, and abundant natural light. The chef’s kitchen is designed for both style and function with quartz countertops, stainless appliances, farmhouse sink, live-edge shelving, pantry, breakfast bar, and a huge quartz center island, along with skylights that create a bright, inviting space perfect for entertaining. Flexible living includes a main floor bedroom or office, full bath, and main-level laundry. Upstairs you’ll find a spacious primary suite with a walk-in closet and relaxing bathroom with jetted tub. The property also features two income-producing units: a lower-level apartment with kitchen, living room, den, private laundry and bath, plus a detached industrial-style DADU with loft, kitchen, bath and private laundry. Outdoor spaces include a walkout deck, private patio, and thoughtfully designed garden seating areas, along with RV parking, carport, and parking for up to five vehicles. Located in a central South Park location, this rare opportunity is ideal for investors or buyers seeking rental income to offset their mortgage. The main home and basement apartment are currently rented through August.

1053 S Southern Street, Seattle

Listing courtesy of RE/MAX Extra Inc..

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