2331 E Madison St Seattle, WA 98112
Madison Valley NeighborhoodEstimated payment $6,102/month
Highlights
- Engineered Wood Flooring
- No HOA
- 3-minute walk to Homer Harris Park
- McGilvra Elementary School Rated A
- Wood Siding
About This Home
A rare opportunity to owner-occupy a one-of-a-kind commercial space in the heart of Capitol Hill; thoughtfully configured for today’s entrepreneur, creative professional, or wellness practice. With prominent street-level retail frontage on E. Madison Street, this property offers exceptional visibility, signage potential, and a professional presence in one of Seattle’s most vibrant neighborhoods. Whether you’re an investor seeking income potential or a professional ready to own the space where your business thrives, this property offers flexibility today through owner occupancy and possibilities for tomorrow. Currently designed with five private offices, two bathrooms, and a full kitchen, the layout is ideally suited for therapists, counselors, coaches, bodyworkers, attorneys, consultants, or other professional service businesses. The main level features a welcoming reception foyer, contemporary finishes, an oversized ½ bathroom, kitchen with comfortable seating area, and two private offices. Upstairs offers three additional offices, a ¾ bath, washer/dryer hookup, and two balconies that fill the space with natural light. Originally designed as a live/work residence, the flexible floor plan offers future potential to reimagine the space to suit your vision as desired. Centrally located with easy access to everything Capitol Hill and Seattle have to offer, this is an opportunity where business, lifestyle, and long-term potential come together. Your logo belongs here!
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2565841
Property Details
Property Type
- Other
Est. Annual Taxes
- $10,561
Year Built
- Built in 2010
Lot Details
- 1,721 Sq Ft Lot
- Property is in good condition
- Zoning described as Commercial,Residential,See Remarks
Home Design
- Poured Concrete
- Metal Roof
- Wood Siding
- Metal Construction or Metal Frame
- Vinyl Construction Material
- Wood Composite
Flooring
- Engineered Wood
- Concrete
- Ceramic Tile
Utilities
- Ductless Heating Or Cooling System
Community Details
- No Home Owners Association
- Capitol Hill Subdivision
Listing and Financial Details
- Legal Lot and Block 1 / 53
- Assessor Parcel Number 1813800005
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $10,561 | $1,038,800 | $688,400 | $350,400 |
| 2024 | $9,805 | $1,038,800 | $688,400 | $350,400 |
| 2023 | $7,974 | $853,300 | $688,400 | $164,900 |
| 2022 | $8,182 | $853,300 | $550,700 | $302,600 |
| 2021 | $8,248 | $890,000 | $550,700 | $339,300 |
| 2020 | $5,898 | $853,300 | $542,100 | $311,200 |
| 2018 | $5,338 | $556,500 | $370,000 | $186,500 |
| 2017 | $4,479 | $532,700 | $258,100 | $274,600 |
| 2016 | $4,486 | $460,100 | $206,500 | $253,600 |
| 2015 | $4,589 | $451,200 | $197,900 | $253,300 |
| 2014 | -- | $474,800 | $197,900 | $276,900 |
| 2013 | -- | $474,800 | $197,900 | $276,900 |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $486,250 | First American Title Ins Co | |
| Warranty Deed | $500,000 | First American | |
| Warranty Deed | -- | First American | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $600,000 | Fidelity Natio | |
| Warranty Deed | $350,000 | Lawyers Title | |
| Warranty Deed | -- | Lawyers Title | |
| Warranty Deed | -- | Lawyers Title | |
| Warranty Deed | -- | Lawyers Title |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $147,628 | New Conventional | |
| Closed | $227,000 | No Value Available | |
| Previous Owner | $160,000 | No Value Available | |
| Previous Owner | $1,174,375 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $3,000,000 | No Value Available | |
| Previous Owner | $1,312,500 | No Value Available | |
| Previous Owner | $656,000 | No Value Available | |
| Previous Owner | $280,000 | No Value Available |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2565841
APN: 181380-0005
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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
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