1707 22nd Avenue S, Seattle, WA 98118, Seattle, 98118 - 3 bed, 1 bath
Loading property details...
Seattle, WA 98118
This High-Density Development Asset serves as a strategic entry into Seattle’s Central District. Listed at $699,950, the property is priced near its $677,085 Fair Market Value, with the valuation primarily driven by its rare MR(M2) Zoning. Currently holding a Condition Rating of 4, the 1904 residence offers significant value-add potential through modernization or full redevelopment into an 8-Story Multi-Family Building. Located minutes from I-90 and schools like Garfield High, this asset is perfectly suited for Developers or Value-Add Investors seeking high-density urban growth.
Property is moderate renovation needed.
Built in 1904, this home is well-maintained but shows its age through vintage architectural elements and a dated layout. While the kitchen has received a cosmetic refresh with painted cabinets, modern hardware, and newer flooring, the appliances are older models and the property only features one bathroom for three bedrooms. The listing's heavy emphasis on 'development potential' and 'vision' suggests that while livable, the home requires significant modernization to meet current market standards for a primary residence.
The MR(M2) zoning is a significant asset, allowing for mid-rise multi-family development up to 8 stories or the addition of a DADU, offering massive upside for investors.
Perfectly positioned in the vibrant Central District, the property offers rapid access to downtown Seattle, Capitol Hill, and I-90, making it highly desirable for commuters.
Built in 1904, this home features classic architectural character, light-filled living spaces, and a functional layout that provides a solid foundation for a custom renovation.
The current configuration of only one bathroom for three bedrooms is a drawback for modern families and may necessitate a layout reconfiguration to increase market value.
Given the 1904 construction date, the property likely requires significant updates to its primary systems and structural elements to meet modern building codes and efficiency standards.
Charming 2-story home with basement in the heart of Seattle’s vibrant Central District. This property offers incredible potential with 3 bedrooms, 1 bath, and flexible living spaces ready for your vision. Enjoy a light-filled living room, cozy dining nook, and a functional kitchen with plenty of storage. Upstairs features spacious bedrooms with character and natural light. The fenced yard includes garden beds and room to relax or entertain. Zoned MR(M2), the property provides excellent development potential, whether for future multi-unit housing or the addition of a DADU for extra income. Conveniently located near transit, dining, shopping, parks, and just minutes to downtown, Capitol Hill, and I-90.Investor Alert: This property is zoned for mid-rise buildings (multi-level apartment), with potential to build an additional unit up to 8 stories. Buyer to verify.
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades K-5 • 0.6 mi
Grades PK-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1904 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Apr 10, 2026
$699,950
Initial Listing