4723 21st Ave NE Seattle WA 98105 MLS #NWM2376143

Listing Provided Courtesy of Skyline Properties, Inc.
Open House May 18, 2025
01:00 – 04:00
Rare investment opportunity in the heart of the University District. One of only two undeveloped parcels on the block—ideal for long-term hold or future development. Currently leased at $8,500/month through 8/31/2025, with rent increasing to $8,925/month through 8/31/2026. Zoned LR3 (M), allowing for multifamily or mixed-use potential. Surrounded by new developments and just blocks from UW campus, light rail, shops, and restaurants. High-demand rental area with strong income and appreciation potential. Tremendous value in land—don’t miss this chance to secure a prime spot in one of Seattle’s hottest submarkets!

Property Details

Price:
$1,680,000
MLS #:
NWM2376143
Status:
Active
Beds:
0
Baths:
0
Address:
4723 21st Ave NE
Type:
Multi Family
Subdivision:
University District
Neighborhood:
710 – North Seattle
City:
Seattle
Listed Date:
May 14, 2025
State:
WA
Finished Sq Ft:
3,996
Total Sq Ft:
3,996
ZIP:
98105
Lot Size:
4,000 sqft / 0.09 acres (approx)
Year Built:
1950
Units:
1

Schools

School District:
Seattle
Elementary School:
Buyer To Verify
Middle School:
Buyer To Verify
High School:
Buyer To Verify

Interior

Cooling
None
Flooring
Ceramic Tile, Hardwood, Carpet
Heating
Forced Air

Exterior

Construction Materials
Cement Plank, Wood
Exterior Features
Cement Planked, Wood Products
Parking Spots
4
Roof
Built- Up

Financial

Net Operating Income
$84,506
Tax Year
2024
Taxes
$14,274

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4723 21st Ave NE
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