$595,000

201 N 101st Street, Seattle WA, 98133

Price per sqft$517.39

Built in1926

Property size1,150 sqft

Property typeResidential

Overview

Sold

Updated 7 days ago

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.

Additional information

MLS^® ID: 2560712

Interior Features

Bedrooms: 2
Bathrooms: 2
Cooling: Yes
Heating: Yes
Basement: Yes

Exterior Features

Lot Size: 0.13 Acres

Other Property Details

Taxes: $7,202
Tax Frequency: Annually
55+/Senior Community: No

Provided by NWMLS, Bought with Real Property Associates and Listed by Ashley Abrams, 855-450-0442 at Real Broker LLC

The IDX display presents information sourced from the Northwest Multiple Listing Service as of 11/13/2026. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 11/13/2026 at 11:08 PM UTC . 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.

Data last updated on 11/13/2026 at 11:08 PM UTC

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