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$595,000
2 Beds ⋅ 2 Baths ⋅ 2560712 MLS ⋅ ACTIVE Status
Rare opportunity to acquire an income-producing redevelopment property in one of Seattle's most sought-after neighborhoods. Positioned on a flat 5,449 SF lot with NR3 zoning allowing the potential for up to four residential units, this Greenwood property combines immediate rental income with exceptional long-term upside at an accessible price point. The existing single-family home is currently configured with separately rented upper and lower living spaces, generating $2,800/month in rental income while you pursue design, permitting, and redevelopment. Unlike a typical redevelopment site, this property provides income during the entitlement process, helping offset carrying costs while preserving multiple investment strategies. Just off Greenwood Ave with a Walk Score of 81, the property is steps from restaurants, parks, and everyday conveniences. Enjoy quick access to Hwy 99, I-5, Northgate Link Light Rail, RapidRide, and downtown Seattle. Per neighbors, future development may capture Olympic Mountain views, enhancing value. Whether you're planning your first redevelopment project or adding to an established portfolio, opportunities that combine immediate income, development flexibility, and a premier North Seattle location are increasingly difficult to find.

201 N 101st Street, Seattle

Listing courtesy of Real Broker LLC.

$1,139,950
3 Beds ⋅ 3 Baths ⋅ 2510259 MLS ⋅ ACTIVE Status
Step into charm and modern comfort in this Craftsman retreat. This beautifully updated 3bed + bonus room home blends timeless character w/ thoughtful upgrades. The spacious primary suite offers a peaceful escape, complete with a recently renovated ¾ bath featuring a sleek walk-in shower, marble double-sink vanity, and heated towel rack. The main floor provides versatility, with a formal dining room that can easily serve as an additional bdrm, plus a flexible bonus room currently used as an office. The updated kitchen shines with contemporary finishes and functionality, ready for everyday living and entertaining. The fully finished basement adds even more living space, including a 1bdrm, ½ bth, and a cozy living area with its own covered exterior access great for guests or multi-generational living. Outdoor spaces are just as impressive, featuring a raised oversized covered deck, extra storage tucked below, and a lower-level patio ideal for year-round gatherings. Enjoy a fully fenced yard with mature landscaping, a tranquil waterfall feature, and a private hot tub with roll-down privacy screens. Car enthusiasts and hobbyists will love the detached, insulated 2-car garage with built-in electric heaters, car lift, and EV charger outlet, plus RV parking, a covered waterproof 6’x25’ work area with lighted bench, and an 8x10 shed. Nestled in a quiet and safe neighborhood with convenient access to the Interurban Trail and nearby Sound Transit options, this home truly has it all!

10532 Evanston Avenue N, Seattle

Listing courtesy of RE/MAX Parkside Affiliates.

$724,950
6 Beds ⋅ 3 Baths ⋅ 2507212 MLS ⋅ ACTIVE Status
Price Improvement! Charming 1926 Craftsman offering flexible living and income potential in a prime North Seattle location! Zoned LR3 and situated on an almost 3,900 sq ft lot, this property presents a rare opportunity for homeowners, investors, or developers. Thoughtfully designed for versatility, the home features two separate entries and dual kitchens ideal for multi-generational living, rental income, or extended guest accommodations. The fully finished lower level provides additional living space with strong potential for a separate unit setup. The existing home also includes a newer roof and updated siding. Conveniently located just minutes from I-5, Northgate amenities and the light rail station. A unique opportunity with flexibility to fit a variety of needs!

934 N 100th Street, Seattle

Listing courtesy of Real Broker LLC.

Based on information submitted to the MLS GRID as of . 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.
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