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$1,478,000
2566364 MLS ⋅ ACTIVE Status
Exceptional development opportunity on a 13,440 SF lot in prime and highly connected North Seattle location. NC3-55 zoning may offer potential for a future multifamily development of approximately 60–80 units; buyer to verify all development feasibility. Conveniently located near Northgate Light Rail, transit, shopping, dining, major employers and daily amenities, with an 87 Walk Score. The current property includes two buildings with a desirable mix of studio, one- and two-bedroom residences, offering multiple investment strategies for a total of 13-units. Continue operating as an income-producing apartment community, increase returns through rent optimization and strategic improvements, or hold as a long-term development site. Current gross scheduled income is approximately $14,288 per month, with additional upside as several rents remain below market. Most units have been updated. A compelling combination of current income, value-add potential and long-term redevelopment opportunity.

10531 Aurora Avenue N, Seattle

Listing courtesy of Real Property Associates.

$560,000
2554503 MLS ⋅ ACTIVE Status
Value is in the land here. This 5,100 SF flat parcel offers an ideal redevelopment opportunity in the well-established Holman neighborhood of North Seattle. Zoned NR, the lot qualifies for the transit-proximity density bonus, raising allowable density from 4 units up to 6 units. Capitalize on this rare opportunity to maximize yield on a lot this size. Tucked just off Holman Rd and Greenwood Ave N, the site sits on a quiet, low-traffic street while remaining minutes from Route 5 transit, shops, and restaurants along the Greenwood corridor. Level topography simplifies site work and design, and the established neighborhood setting offers strong long term fundamentals for a variety of housing options. The existing home offers holding income or a teardown opportunity. Don't miss this chance to build in one of North Seattle's steadily appreciating pockets

122 NW 103rd Street, Seattle

Listing courtesy of Rhino Roz Realty.

$599,950
2535299 MLS ⋅ ACTIVE Status
Seize a rare and coveted opportunity to build your vision from the ground up in Greenwood, one of North Seattle's most beloved and established communities. Excellent development opportunity in desirable, established neighborhood is waiting for you! Zoned NR3 for ideal flexibility and sited on quiet, paved neighborhood street in Greenwood with no HOA or CCRs allowing for a wide variety of design and build options. Rare opportunity for in city dream build! Low traffic setting with convenient access to commuter routes, transit options and neighborhood amenities! Don't miss your chance to put down roots, or break ground, in a neighborhood that perfectly balances quiet residential streets with vibrant urban energy. In city lots like this don't last. Come build something extraordinary.

XXX 2nd Avenue NW, Seattle

Listing courtesy of Windermere R.E. Shoreline.

$2,000,000
2502921 MLS ⋅ ACTIVE Status
Prime Development Opportunity in Seattle’s Emerging Holman Neighborhood Positioned in the rapidly evolving Holman corridor of Northwest Seattle, 10125 3rd Avenue NW presents a rare opportunity for builders and investors seeking scale, flexibility, and location-driven upside. With a 10,500 sq ft lot and the option to assemble with the adjacent northern parcel for a combined ~21,000 sq ft, this site is primed for thoughtful, high-yield development. Zoned M (Midrise) under Seattle’s updated zoning framework, the property offers the potential for multiple structures, townhomes, or a small-scale multifamily project—making it an ideal canvas for developers looking to capitalize on the city’s continued push for density and housing supply. By Appt Only

10125 3rd Avenue NW, Seattle

Listing courtesy of Coldwell Banker Bain.

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