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Active · Residential Income

2600 -2626 Thorndyke Avenue W, Seattle, WA 98119

Seattle, WA 98119

$6,225,000

— bedrooms · — bathrooms · 0 sq ft

Listing provided by Paragon Real Estate Advisors · MLS #2536846 · Active

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About this property

The Magnolia Assemblage offers a new investor the ability to acquire a 3 building portfolio suitable for a value-add opportunity located in a core Seattle area. The current arrangement offers 31 multi-family units plus a single family house. All together the assemblage represents 34,262 square feet of LR3 (M) zoned dirt suitable for a development of +/- 30 townhouses.

Property details

Property type
Multi Family
Year built
1954
Lot size
34,262 sq ft
Association dues
$0 · frequency not provided
Annual property tax
$63,999 (2025)
Parking spaces
14
School district
Seattle
Northwest MLSMLS GRID

Listings courtesy of Northwest MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 10/6/2026, 9:56:41 PM Pacific. 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.

IDX information is provided exclusively for consumers’ personal, noncommercial use to identify prospective properties they may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. Some IDX listings have been excluded from this website: search includes current Active, Active Under Contract, Pending and Coming Soon listings.

© 2026 Northwest MLS. All rights reserved. Report a listing accuracy or photo concern.

Enrique Pelayo Jr., designated broker at The Broker Team in Edmonds, WA

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Enrique Pelayo Jr. · English & Spanishenrique@thebroker.team