1403 E Alder St

Seattle, WA 98122
  • $499,000

    Price
  • 3

    Bed
  • 1

    Bath
  • 720

    SqFt

About the Listing 7117 - 149630,157354

Prime Central District Development Opportunity! Approximately 4,089 SF corner lot (84' x 49') zoned LR1, offering strong development potential for townhouse-style or multi-unit development, subject to buyer verification. The existing structure is likely a teardown - offered strictly as-is, with the primary value centered on the land and its development potential. Alternatively, buyers may consider a down-to-the-studs remodel and rebuild to create a 1 story with basement custom home tailored to their vision. Located in a desirable and rapidly evolving neighborhood surrounded by new construction and residential growth, the property offers convenient access to major industry, commuter routes, shopping, dining, parks, and the many amenities of Seattle's Central District. An exceptional opportunity for builders, developers, and investors to create value in one of Seattle’s high-demand areas. Bring your vision—opportunities like this are increasingly rare. Buyer to independently verify zoning, land use, permitting requirements, feasibility, and all development potential with the City of Seattle.

Listing Highlights

Status Active
Days on Site 2
Property Type Residential
MLS ® 2583937
Year Built 1945
Total Square Footage 720
Lot/Acreage 0.09
County King
Neighborhood Central Area
School District Seattle
Elementary School Bailey Gatzert
Middle School Wash Middle
High School Garfield High

Interior Details

  • Bedrooms: 3
  • Bathrooms: 1 Full
  • Appliances: Refrigerator, Stove(s)/Range(s), Washer, Refrigerator(s), Washer(s)
  • Air Cond:
  • Heating: Baseboard
  • Fireplaces: 0
  • Floor: Hardwood,Vinyl,Carpet
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Partially Finished
  • Other: Master on Main
  • Water: Seattle Public Utilities

Exterior Details

  • Lot Description: Corner Lot,Curbs,Open Space,Paved,Sidewalk,Value In Land,Built On Lot,Fenced-Fully,Gas Available,Patio
  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Lot Dimensions: 84' X 49'
  • Roof: Composition
  • Others: Wood,Wood Products
  • Sewer: Seattle Public Utilities

Financial Details

  • Tax Amount: $6,280
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 7942602205
  • Tax Year: 2026

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Questions About..

1403 E Alder St Seattle, WA 98122

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Originating MLS: nwmls

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Sam Golla-Cohen

| Washington Management Company

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