3456 23rd Avenue W, Seattle, WA 98199

$775,000
4
BD
2
BA
2,080
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Listing courtesy of RexMont Real Estate.

List Price
$775,000
Status
ACTIVE
MLS#
2578926
Days on Market
0
Bedrooms
4
Baths
2
Finished SqFt
2,080
Area Total SqFt
2080
Annual Tax Ammount
9051
Internet Provider
Xfinity/Starlink
Lot Size (sq ft)
3,750
Fireplace
Yes
Sewer
Sewer Connected

Property Description

BUILDER, DEVELOPER & INVESTOR OPPORTUNITY IN MAGNOLIA! Bring your vision & unlock the potential of this LR1(M)-zoned property offering multiple paths to create value in one of Seattle’s most desirable & established neighborhoods. Renovate & reposition the existing residence for a compelling flip, transform it into a long-term investment, or explore redevelopment opportunities under Seattle’s Lowrise Multifamily zoning. The existing home provides a substantial footprint w/walls of windows, abundant natural light, territorial views & a flexible layout featuring 2 bedrooms on the main + 2 on the lower level. Separate lower-level entrance adds versatility for future use, while Trex decking, patio, fenced yard & driveway parking for up to 4 vehicles provide additional upside. For builders & investors, the opportunity is the combination of multifamily zoning, existing improvements & a Magnolia location where finished housing commands attention. Create value through renovation or evaluate a new vision for the site—the optionality is the story. Minutes to Fishermen’s Terminal, Discovery Park, Ballard, Queen Anne, Downtown Seattle, shopping, dining & major commuter routes. FIX IT. FLIP IT. HOLD IT. REDEVELOP IT. An opportunity to manufacture value rather than pay retail for someone else’s finished project. Sold AS-IS. Buyer

Additional Information

Community
Magnolia
Style
16 - 1 Story w/Bsmnt.
Basement
Daylight, Finished
Year Built
1911
Parking Spaces
4
View
City, Mountains, Territorial
Roof
Composition
Site Features
Fenced-Fully, Gas Available, High Speed Internet, Patio, RV Parking
Tax Year
2025
School District
Seattle
Middle School
Mc Clure Mid
High School
Ballard High
Potential Terms
Cash, Conventional
Interior Features
Dbl Pane/Storm Window, Dining Room, Fireplace
Flooring
Hardwood, Vinyl, Carpet
Driving Directions
Mercer Street to Westlake Ave N turn R Keep left to stay on Westlake Ave N continue onto Nickerson St Slight left onto W Nickerson St, Turn left onto W Emerson St, left on Gilman Ave, R on 23rd
Appliance
Dishwasher, Refrigerator, Stove(s)/Range(s)
Appliances Included
Dishwasher(s), Refrigerator(s), Stove(s)/Range(s)
Energy Source
Electric, Natural Gas
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.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks