1403 E Alder Street, Seattle, WA 98122

Seattle
Local realty services provided by:Knipe Realty ERA Powered
Listed by: meghan nicole waddle, allison fletcher
Office: windermere real estate co.
MLS#:2583937
Source:NWMLS
1403 E Alder Street,Seattle, WA 98122
$499,000
Virtual Tour
  • 3 Beds
  • 1 Baths
  • 720 sq. ft.
  • Single family
  • Pending

Price summary

  • Price:$499,000
  • Price per sq. ft.:$693.06

About this home

Prime Central District Development Opportunity! Approximately 4,089 SF corner lot (84' x 49') zoned LR1, offering strong development potential for townhouse-style or multi-unit development, subject to buyer verification. The existing structure is likely a teardown - offered strictly as-is, with the primary value centered on the land and its development potential. Alternatively, buyers may consider a down-to-the-studs remodel and rebuild to create a 1 story with basement custom home tailored to their vision. Located in a desirable and rapidly evolving neighborhood surrounded by new construction and residential growth, the property offers convenient access to major industry, commuter routes, shopping, dining, parks, and the many amenities of Seattle's Central District. An exceptional opportunity for builders, developers, and investors to create value in one of Seattle’s high-demand areas. Bring your vision—opportunities like this are increasingly rare. Buyer to independently verify...

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Home facts

  • Year built:1945
  • Subdivision & Development:Central Area
  • Listing ID #:2583937
  • Updated:October 11, 2026 at 08:44 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Flooring:Carpet, Hardwood, Vinyl Floor
  • Kitchen Description:Refrigerator
  • Bedroom Description:Main Level Bedrooms : 3
  • Basement Description:Partially Finished
  • Living area:720 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1945
  • Building area:720 sq. ft.
  • Lot area:0.09 Acres
  • Lot Features:Corner, Curbed Lot, Open Space, Paved, Sidewalk, Value In Land
  • Construction Materials:Wood Exterior Finish, Wood Products Exterior Finish
  • Exterior Features:Fenced-Fully, Patio
  • Foundation Description:Partially Finished
  • Levels:1 Story

Schools

  • High school:Garfield High
  • Middle school:Wash Mid
  • Elementary school:Bailey Gatzert

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$499,000
  • Price per sq. ft.:$693.06
  • Tax amount:$6,281 (2026)

Features and amenities

  • Appliances:Refrigerator, Washer
  • Laundry features:Washer
  • Amenities:Gas Available
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of October 11, 2026. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

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