201 & 205 26th Avenue E Seattle, WA 98112
Listing Courtesy of: MLS LogoNorthwest MLS as distributed by MLS GRID / Listed By: Dustin Van Wyck, Windermere Real Estate Capitol Hill, Inc.; Ray York, Seattle-Capitol Hill

  201 & 205 26th Avenue E Seattle, WA 98112

Active
$1,999,950 (USD)

Description

Corner double-lot opportunities like this simply don't come around: two side-by-side triplexes at 201 and 205 26th Ave E, offered together as a single six-unit assemblage commanding the corner of 26th Ave E and E John St, in one of Seattle's most desirable and centrally located neighborhoods just minutes from Downtown, South Lake Union, and the Eastside. Six two-bedroom apartments span the two matched buildings, with 201's spacious owner's suite a natural fit for an owner-occupant who wants to live in one home and let the others help carry it. With alley-accessed off-street parking and a full-corner footprint, it delivers the practical features investors and developers actually look for. All six units are income-producing, delivering in-place cash flow from day one. And the options are what set it apart: hold as-is for a stable six-unit income position in a location that consistently holds its value; redevelop under its LR3 (Lowrise 3) zoning, where the combined lots offer the density and scale for new townhomes or apartments that a single parcel can't match; or take the existing buildings through a full rehab and reposition them as modernized, higher-yield homes. A contiguous LR3 corner assemblage like this rarely trades, and almost never as a matched pair of side-by-side triplexes. Two Parcels 982870-2400 & 982870-2405

MLS #:
2552274
Taxes
$23,128(2026)
Lot Size
9,600 SQFT
Type
Land
Style
Multi-Family
Views
City
School District
Seattle
County
King County
Community
Madison Valley

Listed By

Dustin Van Wyck, Windermere Real Estate Capitol Hill, Inc.
Ray York, Windermere Real Estate Capitol Hill, Inc.
Source
Northwest MLS
Last checked Jul 11 2026 at 12:42 AM GMT+0000
Bathroom Details
Subdivision
  • Madison Valley
Lot Information
  • Corner Lot
  • Curbs
  • Sidewalk
  • Paved
Property Features
  • Fireplace: 0
Utility Information
  • Utilities: Natural Gas Available, Electricity Connected
  • Sewer: On Property
School Information
  • Elementary School: Mc Gilvra
  • Middle School: Meany Mid
  • High School: Garfield High
Additional Listing Info
  • Buyer Brokerage Compensation: 3.0
Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

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Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.
Based on information submitted to the MLS GRID as of 7/11/2026 00:42. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.