417 Minor Avenue N Seattle WA 98109 MLS #NWM2427483

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Listing Provided Courtesy of John L. Scott, Inc.
Rare investment opportunity in South Lake Union w/ existing 4-Plex & mixed use zoning-ideal for owner/user! Located in Seattle’s tech-sector neighborhood, property is one of the few remaining residential development parcels in the area, offering a myriad of options: retain rentals as residential/business/retail units & potentially add up to 3 townhomes on parking surface area; redevelop site w/ 6 townhome units or denser multifamily project–generate income from existing fourplex while awaiting permits. Vacant land next door also for sale: with the two parcels combined, offer even more development opportunities. The neighborhood offers desirable work/life balance with a 99 walk score & nearby transit & I-5. Five on-site parking spaces!
Current real estate data for Multi Family in Seattle as of Sep 06, 2025
192
Multi Family Listed
94
Avg DOM
463
Avg $ / SqFt
$1,914,738
Avg List Price

Property Details

Price:
$1,398,000
MLS #:
NWM2427483
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subdivision:
South Lake Union
Neighborhood:
700queenannemagnolia
Listed Date:
Sep 5, 2025
Finished Sq Ft:
4,107
Total Sq Ft:
4,107
Lot Size:
3,593 sqft / 0.08 acres (approx)
Year Built:
1909
Units:
4
Fairview Homestead Assn700 – Queen Anne/magnolia700queenannemagnoliaSouth Lake UnionSeattle

Schools

School District:
Seattle

Interior

Cooling
None
Flooring
Ceramic Tile, Hardwood, Softwood, Vinyl, Vinyl Plank
Heating
Baseboard, Wall Unit(s)

Exterior

Construction Materials
Metal/ Vinyl, Wood
Exterior Features
Metal/ Vinyl, Wood
Parking Spots
5
Roof
Composition
Security Features
Partially Fenced

Financial

Net Operating Income
$66,600
Tax Year
2024
Taxes
$13,642

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Property Summary

    Located in the South Lake Union subdivision, 417 Minor Avenue N Seattle WA is a Multi Family for sale in Seattle, WA, 98109. It is listed for $1,398,000 To schedule a showing of MLS#nwm2427483 at 417 Minor Avenue N in Seattle, WA, contact your HomeSmart One Realty agent at 425-218-4178.

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