1403 E Alder Street, Seattle, WA 98122
Local realty services provided by:Better Homes and Gardens Real Estate Gary Mann Realty
Listed by: meghan nicole waddle, allison fletcher
Office: windermere real estate co.
MLS#:2583937
Source:NWMLS
Price summary
- Price:$499,000
- Price per sq. ft.:$693.06
About this home
Prime Central District Development Opportunity! Approximately 4,089 SF corner lot (84' x 49') zoned LR1, offering strong development potential for townhouse-style or multi-unit development, subject to buyer verification. The existing structure is likely a teardown - offered strictly as-is, with the primary value centered on the land and its development potential. Alternatively, buyers may consider a down-to-the-studs remodel and rebuild to create a 1 story with basement custom home tailored to their vision. Located in a desirable and rapidly evolving neighborhood surrounded by new construction and residential growth, the property offers convenient access to major industry, commuter routes, shopping, dining, parks, and the many amenities of Seattle's Central District. An exceptional opportunity for builders, developers, and investors to create value in one of Seattle’s high-demand areas. Bring your vision—opportunities like this are increasingly rare. Buyer to independently verify zoning, land use, permitting requirements, feasibility, and all development potential with the City of Seattle....
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Home facts
- Year built:1945
- Subdivision & Development:Central Area
- Listing ID #:2583937
- Updated:September 25, 2026 at 09:05 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Flooring:Carpet, Hardwood, Vinyl Floor
- Kitchen Description:Refrigerator
- Bedroom Description:Main Level Bedrooms : 3
- Basement:Yes
- Basement Description:Partially Finished
- Living area:720 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Composition
- Year built:1945
- Building area:720 sq. ft.
- Lot area:0.09 Acres
- Lot Features:Corner, Curbed Lot, Open Space, Paved, Sidewalk, Value In Land
- Construction Materials:Wood Exterior Finish, Wood Products Exterior Finish
- Exterior Features:Fenced-Fully, Patio
- Foundation Description:Partially Finished
- Levels:1 Story
Schools
- High school:Garfield High
- Middle school:Wash Mid
- Elementary school:Bailey Gatzert
Utilities
- Water:Public
- Sewer:Sewer Connected
Finances and disclosures
- Price:$499,000
- Price per sq. ft.:$693.06
- Tax amount:$6,281 (2026)
Features and amenities
- Appliances:Refrigerator, Washer
- Laundry features:Washer
- Amenities:Gas Available
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