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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.

$900,000
2524678 MLS ⋅ ACTIVE Status
Classic craftsman meets 4 plex and a 3 car garage! Income property or redevelopment property....you choose. 4 units of 500 sq ft . 1 bed 1bath. Zoned RSL(M) Turn-Key Investment with Excellent Cash Flow. 2 units STR and 2 LTR. This historic 1901 Craftsman offers a rare, turn-key opportunity for savvy investors in the heart of Seattle’s South Park neighborhood. Well maintained and boasting a strong tenant history, this property is designed for immediate cash flow and long-term value. : Approximately 2,600 sq. ft. of interior space across a well-designed 4-unit layout. Craftsman charm with convenient location, featuring wood exterior finishes and a durable composition roof. Ample Parking: Rare for the area, this property includes 6 total parking spaces (3 covered and 3 uncovered). Currently cash-flowing with an excellent track record of high occupancy. Corner Lot Appeal: The property sits on a 6,000 sq. ft. corner lot with alley access, offering extra privacy.

1056 S Sullivan Street, Seattle

Listing courtesy of Lake & Company.

$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.

$199,999
2488693 MLS ⋅ ACTIVE Status
Rare opportunity to acquire an affordable and buildable 9,000 sqft lot on the best block in South Park. Steps away from the waterfront parks and the South Park business district. Georgetown, White Center, Burien, and Beacon Hill are just a short drive away. Build either up to 5 townhomes or a custom SFR home on a large lot. Previous plans were approved for a 5-unit townhome development. Utilize street parking to avoid building in the ECA. Studies are available.

532 S Concord Street, Seattle

Listing courtesy of Providencia.

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.
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