201 N 101st ST, Seattle, WA 98133
201 N 101st ST, Seattle, WA 98133
201 N 101st ST, Seattle, WA 98133
201 N 101st ST, Seattle, WA 98133
201 N 101st ST, Seattle, WA 98133
201 N 101st ST, Seattle, WA 98133
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Doris Sierra

Doris Sierra

+1(253) 886-7667
Listed by:Real Broker LLC • Ashley Abrams
$ 595,000
Est. payment | /mo

2 Beds

2 Baths

1,150 SqFt

Save
$ 595,000
Est. payment | /mo
Save

2 Beds

2 Baths

1,150 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,150 sqft

Price per Sqft $517

Subdivision Greenwood

MLS Listing ID 2560712

Style 17 - 1 1/2 Stry w/Bsmt

Bedrooms 2

Full Baths 2

Year Built 1926

Annual Tax Amount $7,201

Lot Size 5,449 Sqft

Property Sub-Type Single Family Residence

Property Description

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.

Location

State WA

County King

Area 705 - Ballard/Greenlake

Rooms

Basement Finished

Main Level Bedrooms 2

Interior

Interior Features Water Heater

Flooring Vinyl, Carpet

Fireplace false

Appliance Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer

Exterior

Exterior Feature Wood

Amenities Available Cable TV, Fenced-Partially, Gas Available

View Y/N No

Roof Type Composition

Building

Lot Description Curbs, Paved

Story One and One Half

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Viewlands

Middle Schools Whitman Mid

High Schools Ingraham High

School District Seattle

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

Nearby Locations

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201 N 101st ST