2020 Eastlake Ave E Seattle, WA 98102
Eastlake NeighborhoodEstimated payment $9,383/month
Highlights
- Lake View
- No HOA
- Baseboard Heating
- Montlake Elementary School Rated A
- Patio
- High Speed Internet
About This Home
Rare development opportunity for Townhome Builder or Value-Add Investor in the heart of the South Lake Union/Eastlake corridor. Prime lot offers sweeping, protected views of Lake Union, the Seattle Skyline, and the Olympic Mountains. Able to accommodate 4-5 new townhomes. Two larger townhomes could be built off the alley & three smaller ones facing Lake Union (or vice versa). Avg unit size = 1,793 sq ft. The property currently houses a very clean, well-maintained, solid income producing 4-plex generating healthy returns while you navigate the permitting process. Landlord has never increased rent on a tenant. Zero vacancy. Outstanding tenants. Rents below market rate. Each unit features 1 bed/1 bath, fireplace, washer/dryer, dishwasher, hardwood flooring, parking. Large living rm could easily accomodate a 2nd bdrm in each unit. View photos shot from future 3rd -4th floor/roof top deck of this Bldg. Located on bus line & w/in walking distance to Amazon, Google, and the life sciences hub. 5 off-street parking spaces in rear. Zoned LR2(M), allowing for up to 4 stories with rooftop decks. Ideal opportunity for investor, builder or owner/occupant!
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2481300
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,690
Year Built
- Built in 1987
Lot Details
- 5,125 Sq Ft Lot
- Property is in very good condition
Property Views
- Lake
- City
- Mountain
- Territorial
Home Design
- Quadruplex
- Brick Exterior Construction
- Poured Concrete
- Bitumen Roof
Interior Spaces
- 3,000 Sq Ft Home
- 2-Story Property
- Vinyl Flooring
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Outdoor Features
- Patio
Utilities
- Baseboard Heating
- High Speed Internet
Community Details
- No Home Owners Association
- Greene's Add Condos
- Eastlake Subdivision
Listing and Financial Details
- Tax Lot 13
- Assessor Parcel Number 2902200145
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $13,690 | $1,384,700 | $1,383,700 | $1,000 |
| 2023 | $11,374 | $1,384,700 | $1,383,700 | $1,000 |
| 2022 | $12,551 | $1,299,000 | $1,230,000 | $69,000 |
| 2021 | $13,589 | $1,333,000 | $1,230,000 | $103,000 |
| 2020 | $13,371 | $1,381,000 | $1,332,500 | $48,500 |
| 2018 | $12,408 | $1,320,000 | $1,025,000 | $295,000 |
| 2017 | $10,831 | $1,236,000 | $717,500 | $518,500 |
| 2016 | $8,532 | $1,113,000 | $486,800 | $626,200 |
| 2015 | $7,461 | $860,000 | $486,800 | $373,200 |
| 2014 | -- | $768,000 | $486,800 | $281,200 |
| 2013 | -- | $671,000 | $486,800 | $184,200 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/17/2026 02/17/26 | For Sale | $1,600,000 | -- | $533 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $643,000 | Chicago Title | |
| Warranty Deed | $625,000 | Chicago Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $500,000 | No Value Available |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2481300
APN: 290220-0145
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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. 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. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2026 NWMLS.
Based on information submitted to the MLS GRID
- 1924 Franklin Ave E
- 2219 Eastlake Ave E Unit 101
- 2220 Franklin Ave E Unit C
- 2010 Fairview Ave E Unit C
- 2016 Fairview Ave E Unit C
- 2016 Fairview Ave E Unit D
- 2018 Fairview Ave E Unit B
- 2208 Harvard Ave E
- 2017 Fairview Ave E Unit I
- 2035 Fairview Ave E Unit D
- 2374 Franklin Ave E
- 2214 Broadway E Unit B
- 1550 Eastlake Ave E Unit 201
- 2328 Fairview Ave E Unit 201
- 1812 10th Ave E
- 259 E Louisa St
- 261 E Louisa St
- 2372 Franklin Ave E
- 2337 10th Ave E Unit D
- 2350 10th Ave E Unit 227
- 1823 Eastlake Ave E
- 2227 Yale Ave E
- 210 E Blaine St
- 219 E Garfield St
- 2359 Franklin Ave E
- 1551-1559 Lakeview Blvd E
- 2517 Eastlake Ave E
- 2731 Boylston Ave E Unit 300
- 2800 Franklin Ave E
- 1004 Belmont Ave E
- 1726 Dexter Ave N
- 2122 8th Ave N
- 1611 8th Ave N
- 766 Garfield St
- 1735 Dexter Ave N
- 1701 Dexter Ave N
- 703 Bellevue Ave E
- 1287 Westlake Ave N
- 2408 Dexter Ave N Unit B
- 700 Broadway E
Ask me questions while you tour the home.