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12206 1st Avenue SSeattle, WA 98168Price: $550,000

  • Price: $550,000
  • 106 Days on Market
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Federal 30-year interest rate: 6.53% last updated on May 28, 2026
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  • $550,000List Price
  • 0.28Acreage
Listed by Barbara J. Pexa of Keller Williams Rlty Bellevue

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Investment opportunity in south Seattle. TWO PARCELS. Zoned MU2. Large home with 5 bedrooms is currently a rental and tenants would like to stay. Keep tenants in place while you finish up your planning and developing. Seller planned to build but life changed. Site plans were finished and demo permit was issued.You could also update the main house and keep the lower level as a rental to generate additional income and offset your mortgage. Main level has two bedrooms and one bathroom. Lower level has 3 bedrooms and a bathroom. House is set back from the road behind mature laurel hedges. Close to SEATAC and easy access to HWY509.

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Listing data courtesy of NWMLS as provided by MLS Grid as of June 3, 2026 11:35 PM EDT . All data is obtained from various sources and has not been, and will not be, verified by broker or NWMLS. All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. Supplied Open House Information is subject to change without notice. Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Listing data shown with the three tree icon are provided courtesy of NWMLS. Some IDX listings have been excluded from this website. IDX information is provided exclusively for consumers’ personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.  The data is deemed reliable but is not guaranteed.

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