Western Parcel offers a rare opportunity to develop an 88-unit multifamily project in one of Seattle’s most connected and rapidly growing neighborhoods. The project has successfully completed Early Design Guidance, allowing the next owner to move efficiently toward permitting and construction. Located at the intersection of Columbia City, Hillman City,… Read More and Beacon Hill, the site benefits from a vibrant and culturally rich community known for its diverse dining, retail, arts, and entertainment options. The neighborhood’s strong identity and growing demand for housing continue to attract residents seeking an authentic urban lifestyle. The property is ideally positioned just two blocks from the future South Graham Street Light Rail Station, providing direct access to Downtown Seattle, Sea-Tac Airport, and the greater Puget Sound region. The site also offers convenient access to major bus routes and transportation corridors, supporting a highly walkable and transit-oriented living experience. Surrounded by parks, schools, employment centers, and daily amenities, Western Parcel is well suited for a modern residential development that combines urban accessibility with neighborhood character. The project may also qualify for Seattle’s Multi-Family Tax Exemption (MFTE) program, enhancing long-term investment potential. Read Less
Listing courtesy of eXp Realty
Listing Snapshot
Cumulative Days On Market
3
Days on Website
3
Last Updated
Property Type
Land
Lot Size
0.67 Acres
Property Tax
$14,852
MLS Number
2521654
30 Days Snapshot Of 98118
$957k
+16%
(avg) sold price
45
+9%
homes sold
35
-33%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface: "Paved"
Building
Building Area Total: 0, Building Area Units: Square Feet, Calculated Square Footage: 0, Elevation Units: Feet, Living Area: 0, Structure Type: "Multi Family"
Fireplaces
Fireplaces Total: 0
Home Owner's Association
Association Fee: $0
Lot
0 acres, 29140 square feet
Property
Zoning Description: Commercial, Multi-Family
Sewer
Sewer: "Available"
Utilities
Utilities: "Electricity Available", "Natural Gas Available", Electricity Status: Available, Gas Status: Available, Water Source: "Available"
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. Listings last updated on ,
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