2020 Eastlake Avenue E, Seattle, WA 98102

Seattle
Local realty services provided by:Better Homes and Gardens Real Estate Macy & Co.
Listed by: rob nicholson
Office: john l. scott, inc.
MLS#:2481300
Source:NWMLS
2020 Eastlake Avenue E,Seattle, WA 98102
$1,600,000
  • - Beds
  • - Baths
  • 3,000 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$1,600,000
  • Price per sq. ft.:$533.33

About this home

Rare development opportunity for Townhome Builder or Value-Add Investor in the heart of the South Lake Union/Eastlake corridor. Prime lot offers sweeping, protected views of Lake Union, the Seattle Skyline, and the Olympic Mountains. Able to accommodate 4-5 new townhomes. Two larger townhomes could be built off the alley & three smaller ones facing Lake Union (or vice versa). Avg unit size = 1,793 sq ft. The property currently houses a very clean, well-maintained, solid income producing 4-plex generating healthy returns while you navigate the permitting process. Landlord has never increased rent on a tenant. Zero vacancy. Outstanding tenants. Rents below market rate. Each unit features 1 bed/1 bath, fireplace, washer/dryer, dishwasher, hardwood flooring, parking. Large living rm could easily accomodate a 2nd bdrm in each unit. View photos shot from future 3rd -4th floor/roof top deck of this Bldg. Located on bus line & w/in walking distance to Amazon, Google, and the life

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Home facts

  • Year built:1987
  • Listing ID #:2481300
  • Updated:March 05, 2026 at 01:22 AM

Rooms and interior

  • Flooring:Vinyl Floor
  • Living area:3,000 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Torch Down
  • Year built:1987
  • Building area:3,000 sq. ft.
  • Lot area:0.12 Acres
  • Lot Features:Alley, Curbed Lot, Paved, Sidewalk
  • Construction Materials:Brick Exterior Finish
  • Exterior Features:Patio

Schools

  • High school:Buyer To Verify
  • Middle school:Buyer To Verify
  • Elementary school:Buyer To Verify

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,600,000
  • Price per sq. ft.:$533.33
  • Tax amount:$13,690 (2025)

Features and amenities

  • Amenities:High Speed Internet
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