Rare investment opportunity in the heart of the University District. One of only two undeveloped parcels on the block—ideal for long-term hold or future development. Currently leased at $8,500/month through 8/31/2025, with rent increasing to $8,925/month through 8/31/2026. Zoned LR3 (M), allowing for multifamily or mixed-use potential. Surrounded by new developments and just blocks from UW campus, light rail, shops, and restaurants. High-demand rental area with strong income and appreciation potential. Tremendous value in land—don’t miss this chance to secure a prime spot in one of Seattle’s hottest submarkets!
Sold
Listed by:
Sheryl Yang,
Skyline Properties, Inc.
$1,620,000
4723 21st Ave NE, Seattle, WA 98105
8beds
3baths
3,996sqft
Duplex
Built in 1950
-- sqft lot
$1,649,600 Zestimate®
$405/sqft
$4,500 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 30, 2025 at 04:04am
Listed by:
Sheryl Yang,
Skyline Properties, Inc.
Bought with:
Franz T. Diessner, 106138
Coldwell Banker Bain
Joe Overland, 80666
Coldwell Banker Bain
Source: NWMLS,MLS#: 2376143
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
Heating
- Forced Air, Electric, Natural Gas
Cooling
- None
Features
- Flooring: Ceramic Tile, Hardwood, Carpet
- Has fireplace: No
Interior area
- Total structure area: 3,996
- Total interior livable area: 3,996 sqft
Property
Parking
- Total spaces: 4
- Parking features: Open
- Uncovered spaces: 4
Features
- Patio & porch: Ceramic Tile
Lot
- Size: 3,998 sqft
- Features: Paved, Sidewalk, Deck, Fenced-Fully, Gas Available, High Speed Internet
Details
- Parcel number: 0925049186
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Cement Planked, Wood Products, Cement Plank
- Foundation: Poured Concrete
- Roof: Built-Up
Condition
- Year built: 1950
- Major remodel year: 1980
Utilities & green energy
- Sewer: Sewer Connected
- Water: Public
Community & neighborhood
Location
- Region: Seattle
- Subdivision: University District
Other
Other facts
- Listing terms: Cash Out,Conventional
- Cumulative days on market: 7 days
Services availability
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$1,649,600
2% more+ $32,992
With Zillow Showcase(estimated)
$1,682,592