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$1,150,000

  • For Sale
  • Active
  • Multi-Family

Listed by Erica Alexei | Keller Williams Realty Bothell | (425) 482-6100

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Prime Central District development opportunity!! 4,900 sq ft corner lot zoned LR2 (M) with an 8-unit townhouse project already in the final correction stage with the City of Seattle. Much of the design and permitting work has been completed, giving the next owner a valuable head start toward redevelopment. Architectural fees and third-party consultant fees have already been paid, adding even more value for the next owner. Existing triplex provides interim income potential with one 2BD/1BA unit and two 1BD/1BA units, with a shared laundry. Separate meters and driveways on both sides of the lot add flexibility. Grab your shovel, and get ready to unlock the full potential of this well-positioned CD site. Request marketing file for full project description. Buyer to verify all information to their satisfaction.

Full Property Details for 118 27th Ave S

General

  • Price: $1,150,000
  • Taxes: $9,419 (2026)
  • Status: Active
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2533338
  • Updated: 6/3/2026
  • Added to Site: 64 day(s) ago

Interior

  • Flooring: Vinyl, Vinyl Plank

Parking

  • Uncovered Spaces: 4

Location

  • Area: 390 - Central Seattle
  • County: King
  • Subdivision: Judkins
  • Driving Directions: Use google maps: 118 27th Ave S, Seattle, WA 98144

School Information

  • High School District: Seattle
  • Elementary School: Leschi
  • High School: Garfield High

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Triplex
  • Exterior Const.: Brick, Wood Products
  • Foundation: Slab
  • Roof: Composition
  • Stories in Building: 1
  • Square Feet: 1,570
  • Year Built: 1953
  • Property Condition: Good

Unit Information

  • Units in Building: 3

Lot Features

  • Property View: Territorial
  • Lot Size (Acres): 0.1125
  • Lot Size (Sq. Ft.): 4,900
  • Lot Size Source: County Records
  • Lot Dimensions: 4900
  • Lot Features: Corner Lot, Sidewalk, Value In Land

Financial Considerations

  • Tax Amount: $9,419
  • Tax Year: 2026
  • Terms: Cash, Conventional, FHA

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 3796000105

Listed by Erica Alexei | Keller Williams Realty Bothell | (425) 482-6100

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 118 27th Ave S

School District:Seattle School District
NameGradesDistance
Leschi Elementary School
135 32nd Avenue, Seattle, WA 98122
K-50.3 mi
Edmonds S. Meany Middle School
301 21st Avenue East, Seattle, WA 98112
6-81.5 mi
Garfield High School
400 23rd Avenue, Seattle, WA 98122
9-120.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 118 27th Ave S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/03/2026
Listed
$1,150,000
25%
MLS
1/19/2024
Sold
$920,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 118 27th Ave S

Year
Property Taxes
Change
Tax Assessment
Change
2026
$9,419
10%
$873,000
2%
2024
$8,569
2%
$856,000
-5%
2024
$8,391
6%
$903,000
—
2022
$7,936
7%
$903,000
11%
2021
$7,413
—
$812,000
10%
2021
$7,413
3%
$739,000
2%
2020
$7,206
10%
$727,000
-1%
2019
$6,557
4%
$736,000
20%
2018
$6,302
25%
$614,000
22%
2017
$5,035
5%
$502,000
8%
2016
$4,779
15%
$466,000
13%
2015
$4,163
—
$414,000
10%
2014
$4,160
—
$376,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Erica Alexei | Keller Williams Realty Bothell | (425) 482-6100

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118 27th Avenue S, Seattle, WA 98144 (MLS# 2533338) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 118 27th Avenue S is currently listed for $1,150,000 and was received on June 03, 2026. Want to learn more about 118 27th Avenue S? Do you have questions about finding other Multi-Family real estate for sale in Atlantic? You can browse all Atlantic real estate or contact a Coldwell Banker agent to request more information.

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