Active · Residential Income
1809 5th Avenue N, Seattle, WA 98109
Seattle, WA 98109
$2,450,000
— bedrooms · — bathrooms · 0 sq ft
Listing provided by Pacific Crest · MLS #2452589 · Active
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About this property
Arun Apartments "PERMITTED" Development Site. The current permitted property is shovel ready for immediate development and is located in the highly desirable East Queen Anne/Westlake neighborhood of Seattle which offers immediate redevelopment potential in one of Seattle’s most supplyconstrained and sought-after multifamily submarkets. Beyond the existing remodeled 6 units, the site's zoning, pre-obtained permitting and design combine the two existing lots, allowing for an immediate development project consisting of five 4-story rowhouses. This feature presents an invaluable opportunity to bypass the typical lengthy permitting process where investors can elect to execute the permitted project for sale or long-term rental income.
Property details
- Property type
- Multi Family
- Year built
- 1940
- Lot size
- 10,600 sq ft
- Association dues
- $0 · frequency not provided
- Annual property tax
- $19,671 (2025)
- School district
- Seattle
Listings courtesy of Northwest MLS as distributed by MLS GRID.
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