201 N 101st Street, Seattle, WA 98133
Local realty services provided by:Better Homes and Gardens Real Estate McKenzie Realty
Listed by: ashley abrams
Office: real broker llc.
MLS#:2560712
Source:NWMLS
201 N 101st Street,Seattle, WA 98133
$595,000
- 2 Beds
- 2 Baths
- 1,150 sq. ft.
- Single family
- Active
Price summary
- Price:$595,000
- Price per sq. ft.:$517.39
About this home
Rare opportunity to acquire an income-producing redevelopment property in one of Seattle's most sought-after neighborhoods. Positioned on a flat 5,449 SF lot with NR3 zoning allowing the potential for up to four residential units, this Greenwood property combines immediate rental income with exceptional long-term upside at an accessible price point. The existing single-family home is currently configured with separately rented upper and lower living spaces, generating $2,800/month in rental income while you pursue design, permitting, and redevelopment. Unlike a typical redevelopment site, this property provides income during the entitlement process, helping offset carrying costs while preserving multiple investment strategies. Just off Greenwood Ave with a Walk Score of 81, the property is steps from restaurants, parks, and everyday conveniences. Enjoy quick access to Hwy 99, I-5, Northgate Link Light Rail, RapidRide, and downtown Seattle. Per neighbors, future development may capture Olympic Mountain views, enhancing value. Whether you're planning your first redevelopment project or adding to an established portfolio, opportunities that combine immediate income, development flexibility, and a premier North Seattle location are increasingly difficult to find....
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Home facts
- Year built:1926
- Subdivision & Development:Greenwood
- Listing ID #:2560712
- Updated:August 04, 2026 at 11:20 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Carpet, Vinyl Floor
- Kitchen Description:Dishwasher, Disposal, Microwave, Refrigerator
- Bedroom Description:Main Level Bedrooms : 2
- Basement:Yes
- Basement Description:Finished
- Living area:1,150 sq. ft.
Structure and exterior
- Roof:Composition
- Year built:1926
- Building area:1,150 sq. ft.
- Lot area:0.13 Acres
- Lot Features:Curbed Lot, Paved
- Construction Materials:Wood Exterior Finish
- Exterior Features:Fenced-Partially
- Foundation Description:Finished
Schools
- High school:Ingraham High
- Middle school:Whitman Mid
- Elementary school:Viewlands
Utilities
- Water:Public
- Sewer:Sewer Connected
Finances and disclosures
- Price:$595,000
- Price per sq. ft.:$517.39
- Tax amount:$7,202 (2026)
Features and amenities
- Appliances:Dishwasher, Refrigerator, Washer
- Laundry features:Dryer, Washer
- Amenities:Cable TV, Gas Available, Water Heater
Parking
- Parking description:Driveway, Off Street Parking
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