Listing provided courtesy of Keller Williams Realty BothellNWMLSas Distributed by MLSGrid- MLS# NWM2533338
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Request Info118 27th Avenue SSeattle, WA 98144
Multi-Family · 4 Beds · 1,570 Sq. ft. | 0.11 Acres$1,150,000
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118 27th Avenue S Overview
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Prime Central District development opportunity!! 4,900 sq ft corner lot zoned LR2 (M) with an 8-unit townhouse project already in the final correction stage with the City of Seattle. Much of the design and permitting work has been completed, giving the next owner a valuable head start toward redevelopment. Architectural fees and third-party consultant fees have already been paid, adding even more value for the next owner. Existing triplex provides interim income potential with one 2BD/1BA unit and two 1BD/1BA units, with a shared laundry. Separate meters and driveways on both sides of the lot add flexibility. Grab your shovel, and get ready to unlock the full potential of this well-positioned CD site. Request marketing file for full project description. Buyer to verify all information to their satisfaction.
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118 27th Avenue S Facts & Features
- Type Multi-Family
- Sq. ft. 1,570
- Price/Sq.ft. $732
- Lot 0.11 Acres
Details
General
Association/HOA
- Association Fee: $0.00
School Information
- School District: Seattle
- Elementary School: Leschi
- High School: Garfield High
Income/Expenses
- Other Expense: 0
- Electric Expense: 0
- Fuel Expense: 0
- Gross Scheduled Income: 57480
- Insurance Expense: 1785
- Net Operating Income: 37876
- Total Expenses: 18404
- Total Monthly Income: 4790
- Water/Sewer/Garbage: 7200
Building Information
- New Construction: No
- Year Built: 1953
Location/Region
- Country: US
- County Or Parish: King
- MLS Area Major: 390 - Central Seattle
- Subdivision Name: Judkins
Tax Information
- Tax Annual Amount: $9,419.00
- Tax Year: 2026
General Information
- Listing Terms: Cash, Conventional, FHA
- Parcel Number: 3796000105
- Property Condition: Good
- Property Sub Type: Multi Family
- Property Type: Residential Income
- Senior Community: No
- Special Listing Conditions: None
Interior
Parking Information
- Garage Spaces: 0
Beds/Baths
- Bedrooms Upper: 0
Building Interior
- Building Area Total: 1570
- Building Area Units: Square Feet
- Calculated Square Footage: 1570
- Square Footage Finished: 0
- Square Footage Unfinished: 0
General Information
- Cooling: No
- Fireplace: No
- Fireplaces Total: 0
- Flooring: Vinyl, Vinyl Plank
- Foundation Details: Slab
- Heating: Yes
- Leasable Area: 1570
- Living Area: 0
- Main Level Bathrooms: 0
- Power Production Type: Electric
- Stories Total: 1
Exterior
Parking Information
- Open Parking: No
- Parking Total: 4
- Parking Uncovered Total: 4
Lot Information
- Irrigation Water Rights: No
- Lot Features: Corner Lot, Sidewalk, Value In Land
- Lot Size Acres: 0.1125
- Lot Size Dimensions: 4900
- Lot Size Square Feet: 4900
- Lot Size Units: Square Feet
- Elevation Units: Feet
- Water Source: Public
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Roof: Composition
- Structure Type: Triplex
General Information
- Carport Spaces: 0
- Carport: No
- Covered Spaces: 0
- Exterior Features: Brick, Wood Products
- Number Of Units Total: 3
- Sewer: Sewer Connected
Unit Information
Unit 1 Details
- Actual Rent: 1500
- Beds Total: 1
- Baths Total: 1
Unit 2 Details
- Actual Rent: 1500
- Beds Total: 1
- Baths Total: 1
Unit 3 Details
- Actual Rent: 1790
- Beds Total: 2
- Baths Total: 1
118 27th Avenue S Neighborhood
Community
98144 (Seattle) Demographics
37
Median Age
6,357
Population Density (per sq. mile)
67%
College Educated
$87,098
Estimated Median Income
6,852
Estimated Total Home Owners
7,411
Estimated Total Renters
48% / 52%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.118 27th Avenue S Monthly Cost
118 27th Avenue S Market Data
Based on the last 30 days in this zip code
$976,650
Average List Price
$541
Average Price per Square Foot
25
Properties Sold
69
Average Days on Market
166
Properties for Sale
118 27th Avenue S History
| Date | Value | Agent |
|---|---|---|
| 6/3/2026Source: NWMLS | June 03, 2026 |
|
| 1/21/2024Source: NWMLS | Sold |
|
| 11/28/2023Source: NWMLS | Pending |
|
| 11/16/2023Source: NWMLS | November 16, 2023 |