1519 5th Avenue W Seattle WA 98119 MLS #NWM2382278

MLS #NWM2382278 image #0MLS #NWM2382278 image #1MLS #NWM2382278 image #2MLS #NWM2382278 image #3MLS #NWM2382278 image #4
Listing Provided Courtesy of Realogics Sotheby’s Int’l Rlty
Unique opportunity to own a lot in the prime Queen Anne neighborhood provides you with a steady stream of income from the ground lease. Yep, there is a 5-unit condominium built on the property and it pays monthly income to you, plus the property taxes and the insurance. The rental income increases yearly and also when a unit sells, so the income stream will also increase. So, you can park your money here and watch the land appreciate over time AND watch the income increase over time as well! 2024 gross rental income is $24,697.35
Current real estate data for Land in Seattle as of Oct 08, 2025
198
Land Listed
197
Avg DOM
$1,102,610
Avg List Price

Property Details

Price:
$450,000
MLS #:
NWM2382278
Status:
Pending
Beds:
0
Baths:
0
Type:
Land
Subdivision:
Queen Anne
Neighborhood:
700queenannemagnolia
Listed Date:
Jun 11, 2025
Lot Size:
6,043 sqft / 0.14 acres (approx)
700 – Queen Anne/magnolia700queenannemagnoliaQueen AnneSeattle

Schools

School District:
Seattle

Interior

Exterior

Financial

Tax Year
2024

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Property Summary

    Located in the Queen Anne subdivision, 1519 5th Avenue W Seattle WA is a Land for sale in Seattle, WA, 98119. It is listed for $450,000 and features 0 acres. To schedule a showing of MLS#nwm2382278 at 1519 5th Avenue W in Seattle, WA, contact your HomeSmart One Realty agent at 425-218-4178.

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