8812 Dibble Avenue NW, Seattle, WA 98117, Seattle, 98117 - 3 bed, 2 bath
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Seattle, WA 98117
Analysis of 8812 Dibble Avenue NW, Seattle, WA 98117 is currently available with a list price of $1,100,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Seattle Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
Built in 1927 (>50 years old) with no recorded renovations. The listing explicitly markets the property as a 'development opportunity' and 'legacy parcel' for a 'multi-unit project,' indicating the value is in the land rather than the existing structure.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9920, living area = 1440.
Elementary School: Whittier Elementary School (9/10).
This rare 9,920 sqft double lot is a premier candidate for high-density redevelopment under Seattle’s 'Centers and Corridors' framework, offering a high-yield opportunity for multi-unit projects.
At a $1.1M price point, the acquisition cost is high for a development play, which may tighten profit margins once demolition and construction costs are factored in.
The existing 1927 structure likely requires full demolition or extensive remediation, adding complexity and upfront costs to the development timeline.
Prime development opportunity in the heart of Crown Hill. This rare double lot—the only one of its kind on the block—represents a high-yield opportunity for a boutique multi-unit project. Strategically located between the vibrant hubs of Ballard and Greenwood, future residents will enjoy seamless access to the Metropolitan Market, transit-rich corridors on 15th Ave NW, and close proximity to Carkeek Park. Positioned perfectly within the city’s evolving "Centers and Corridors" framework, the site is primed for increased density. With land scarcity defining the 2026 Seattle market, this is a legacy parcel offering a clear path to value in one of North Seattle’s most resilient micro-markets. Buyer to verify all information to their satisfaction.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades PK-5 • 0.9 mi
Grades PK-5 • 0.9 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 | 1927 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
May 4, 2026
$1,100,000
Initial Listing