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$595,000
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Property Description
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.
Full Property Details
Full Property Details for 201 N 101st St
General
- Sold For: $595,000
- Taxes: $7,201 (2026)
- Status: Closed
- Type: Single Family
- Source: NWMLS
- MLS ID: 2560712
- Added to Site: 64 day(s) ago
Interior
- Interior Features: Water Heater
- Appliances: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Flooring: Vinyl, Carpet
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 1
- Lower - Full Baths: 1
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main: 2
Additional Information
- Amenities: Cable TV, Fenced-Partially, Gas Available
- Security/Safety: Partially Fenced
Parking
- Parking Features: Driveway, Off Street
Location
- Area: 705 - Ballard/Greenlake
- County: King
- Subdivision: Greenwood
- Building Name: Northern Heights Add
- Driving Directions: Take Greenwood Ave To N. 101st Then West To Property
School Information
- High School District: Seattle
- Elementary School: Viewlands
- Middle School: Whitman Mid
- High School: Ingraham High
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ductless
- Heating Type: Ductless
- Water Heater: Electric
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: House
- Exterior Const.: Wood
- Basement Desc.: Finished
- Foundation: Poured Concrete
- Roof: Composition
- Entry Location: Main
- Square Feet: 1,150
- Finished Total: 1,150 Sq. Ft.
- Year Built: 1926
Lot Features
- Lot Size (Acres): 0.1251
- Lot Size (Sq. Ft.): 5,449
- Lot Size Source: KCR
- Topography: Level
- Lot Features: Curbs, Paved
Financial Considerations
- Tax Amount: $7,201.85
- Tax Year: 2026
- Terms: Cash, Conventional, FHA
Disclosures and Reports
- Special Conditions: None
- Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Property ID: 6170900025
- Block: 1
- Lot Number: 5
Listed by Ashley Abrams | Real Broker LLC | (855) 450-0442
Sold by Sarah McCormick | Real Property Associates
Get Pre-Approved Today
Schools
Schools serving 201 N 101st St
School District:Seattle School District
| Name | Grades | Distance |
|---|---|---|
Viewlands Elementary School 10525 3rd Avenue Northwest, Seattle, WA 98177 | PK-5 | 0.4 mi |
Licton Springs K-8 3015 Northwest 68th Street, Seattle, WA 98117 | PK-8 | 2.5 mi |
Whitman Middle School 9201 15th Avenue Northwest, Seattle, WA 98117 | 6-8 | 1.1 mi |
Ingraham High School 1819 North 135th Street, Seattle, WA 98133 | 9-12 | 1.9 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 201 N 101st St
Date
Details
Price
Change
Source
9/09/2026
Sold
$595,000
—
MLS
7/30/2026
Listed
$595,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
201 N 101st Street, Seattle, WA 98133 (MLS# 2560712) is a Single Family property that was sold at $595,000 on September 09, 2026. Want to learn more about 201 N 101st Street? Do you have questions about finding other Single Family real estate for sale in Seattle? You can browse all Seattle real estate or contact a Coldwell Banker agent to request more information.

