652 NW 85th Street, Seattle, WA 98117, Seattle, 98117 - 0 bed, 0 bath
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652 NW 85th Street
Seattle, WA 98117
ACTIVE
CONDITION: TEAR DOWN
0Beds
0Baths
3,096Sq Ft
4,700Lot Size
Property Price
LIST PRICE$885,000
SUMMARY
Crown Hill Multi-Family property (former law office) zoned NC1-55(M)! Hold as a leased income property then develop mixed use project: apartments, coop or condo w/ ground level comm (retail, office, medical) up to 16 units - Square Footage up to 41,000 and Traffic Count 18,800 - 20,000. Near Greenwood's growing urban village. Can also owner-occupy as work-live. Surrounding density is growing with new NR zoning. Current rents total $4,500. Don't miss your opportunity to own this fantastic investment opportunity and own a landmark property in the heart of Crown Hill-Ballard-Greenwood. Okay to street appraise exterior. Interior tour with advance request and verification of funding. Plan for 16 Unit apartments and ground level commercial.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
Built in 1918 (>50 years old) with no signs of recent renovation. The exterior shows severe weathering, moss on the foundation, and dilapidated wood siding. The listing heavily emphasizes the NC1-55(M) zoning and land value for developing up to 16 units, indicating the structure is at the end of its economic life.
PROSSTRENGTHS & OPPORTUNITIES
- Significant Development Potential
The NC1-55(M) zoning allows for a high-density mixed-use project of up to 16 units and 41,000 square feet, offering massive value-add potential for developers.
- Immediate Cash Flow
Generating $4,500 in monthly rental income, the property provides a reliable revenue stream to offset holding costs during the permitting and planning phases.
- High-Visibility Location
Boasting a traffic count of up to 20,000 and proximity to Greenwood’s urban village, the site offers excellent exposure for future ground-level commercial tenants.
CONSRISKS & DEFICIENCIES
- Aging Structure
Built in 1918, the existing building may require significant maintenance or costly demolition to facilitate the site's transition to its highest and best use.
- Compact Lot Dimensions
The 4,700 square foot lot size may present architectural and logistical challenges when attempting to maximize the allowable square footage and unit density.
About 652 NW 85th Street
Property Details
Public Facts
- Property Type
- Residential Income
- Year Built
- 1918
- Lot Size
- 4,700 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 3,096 | 5,554.5 |
| Lot Size | 4,700 | 10,915.5 |
| Price | $885.0K | $2.88M |
| Price per sq ft | $286 | $491 |
| Built year | 1918 | 1961 |
| HOA | $0 | $0 |
| Days on market | 29 | 124 |
Pricing History
Listed for Sale
Sep 25, 2026
$885,000
Initial Listing