Estimated Value: $858,507 - $1,292,000
Investment opportunity in desirable Central District / Madrona. High-demand rental area within an easy stroll to local shops, restaurants and minutes to downtown. Tree lined street. Walk to the fabulous Madrona Farmers Market. All units include a light and open living, dining, and kitchen area. Parking available for each unit. Steps away from major bus routes and easy access to I90. Great long-term investment opportunity with NC zoning. Wonderful opportunity for owner occupant.
Last Agent to Sell the Property
Windermere R.E. Northeast, Inc License #4776 Listed on: 08/19/2022
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1985358
Home Type
Est. Annual Taxes
Year Built
Lot Details
Home Design
Interior Spaces
Flooring
Parking
Outdoor Features
Community Details
Listing and Financial Details
$950,000
Builders, developers, and investors! Here’s your chance to capitalize on LR2(M) zoning in a prime Seattle location. This 4,800 SF corner lot offers excellent potential for redevelopment. The existing duplex, built in 1900 with 2,750 square feet, is most likely a tear-down with the value in the land. Surrounded by newer townhomes and multi-family construction, this is an ideal site for townhomes
Robert Calkins Realty One Group Orca
$1,000,000
Potential Rehab Fixer of existing 3-4 units in Central Seattle location. More value may be in the land for future development. Zoned LR2(M) Close to all amenities, schools, shopping, entertainment, restaurants, coffee shops, religious facilities, downtown location, public transportation at the front door, in walking distance to large new development areas. New constructions all around this
George Noble Green Stone Properties, Inc.
$1,299,000
Charming turn-of-the-century N. Cap Hill home expertly converted to triplex. Ideal opportunity for investors or owner/occupiers - current rents are month-to-month and below market, 4.7% cap rate at market rents. Units fill with natural light from oversized windows. Incredible lake/mountain views from upper level + spectacular rooftop deck. Main-level unit has 2 beds/2 baths as well as classic
Junior Torres Windermere RE Greenwood
$1,250,000
Welcome to this charming restored craftsman duplex in the heart of the city! Amazing owner-occupied opportunity! Located just blocks from downtown, stadiums, freeway access and more, this investment opportunity has it all! The main unit features 3 bedrooms, a grand main living floor with beautiful hardwood floors & gorgeous millwork details, formal dining & living spaces and an open kitchen and a
Tim Lenihan Windermere Real Estate Midtown
$1,349,000
Exceptional studs-out remodel with updated electrical, plumbing, hvac, roof, and concrete foundation. Each of the three units are separately metered and have modern finishes, new kitchens, in-unit laundry, and private entrances. Turnkey investment or owner-occupant opportunity. Located just steps from the upcoming Judkins Park Light Rail Station, with easy access to downtown, i-90, and the
John Lim WeLakeside
$945,000
Fab investment alert for savvy investors or owner-occupant with great rental income! Wonderful central cap hill value with two huge separate 2 bedroom / 1 bath units and 3 OFF STREET PARKING SPACES. Each unit has it's own in unit W/D and lovely balconies off the main living space. All bedrooms can accommodate a king bed. Tons of extra storage on lower level. 5 minute walk to light rail station
Mariah O'Keefe Redfin
$1,100,000
Prime opportunity in Seattle's Capitol Hill! Discover this historic gem currently operating as a triplex with LR3 Zoning. Each spacious unit is approximately 1,050 sqft, featuring 2 bedrooms & 1 bath. Unit A: Main level, Unit B: Top floor, Unit C: Lower level. Owned by the same investor for over 20 years, this property has seen consistent updates, including new plumbing in the lower unit in 2023
Christina Jarvis Windermere Real Estate/PSR Inc
$1,025,000
Live in one unit and rent out the other with this duplex opportunity in sought after North Beacon Hill neighborhood! Each 2 bed/1 bath unit is 764 sq ft with thoughtfully designed floor plan, new carpet and one level living. Dedicated & private attached garage space for each unit with additional storage space, plus 3 additional driveway parking spaces. Shared coin op laundry and community yard.
Richard Buchanan KW Greater Seattle
$999,000
Seattle Duplex with expansive decks and panoramic views! Discover this rare investment opportunity or perfect owner-occupied duplex in iconic location. Perched above it all, both units offer scenic mountain, city, and partial water views—ideal for enjoying iconic Northwest sunsets. Each unit features economy kitchens, oversized bathroom, and private outdoor spaces. Alley + off-street parking and
Leslie Newman RE/MAX All City
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| James And Shannon Gooding Revocable Trust | $313 | None Listed On Document | |
| Gooding James Frederick | $900,000 | Chicago Title | |
| Jones Patrick L | -- | None Available | |
| Jones Patrick L | -- | None Available | |
| Jones Patrick L | $420,000 | Rainier Title | |
| Gaines Robert | $325,000 | Chicago Title | |
| Hayes Lena M | -- | -- |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Gooding James Frederick | $675,000 | |
| Previous Owner | Jones Patrick L | $294,000 | |
| Previous Owner | Gaines Robert | $100,000 | |
| Previous Owner | Gaines Robert | $292,500 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/30/2022 09/30/22 | Sold | $900,000 | -3.1% | $337 / Sq Ft |
| 08/29/2022 08/29/22 | Pending | -- | -- | -- |
| 08/19/2022 08/19/22 | For Sale | $929,000 | -- | $348 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $9,382 | $958,000 | $844,000 | $114,000 |
| 2023 | $8,964 | $932,000 | $844,000 | $88,000 |
| 2022 | $8,274 | $983,000 | $728,000 | $255,000 |
| 2021 | $7,961 | $884,000 | $661,000 | $223,000 |
| 2020 | $8,272 | $808,000 | $598,000 | $210,000 |
| 2018 | $7,230 | $862,000 | $518,000 | $344,000 |
| 2017 | $6,048 | $719,000 | $442,000 | $277,000 |
| 2016 | $5,740 | $619,000 | $369,000 | $250,000 |
| 2015 | $4,802 | $574,000 | $342,000 | $232,000 |
| 2014 | -- | $489,000 | $285,000 | $204,000 |
| 2013 | -- | $530,000 | $175,000 | $355,000 |
Seller's Agent in 2022
Winston McClanahan
Windermere Corporate
(206) 579-3422
2 in this area
164 Total Sales
Seller Co-Listing Agent in 2022
Katie Chinn
Windermere Corporate
(206) 245-3870
1 in this area
124 Total Sales
Buyer's Agent in 2022
Dan Wilcynski
Windermere Corporate
(206) 715-5349
7 in this area
323 Total Sales
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1985358
APN: 983930-0485
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Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. ©2025 NWMLS.