3115 Queen Anne Avenue N, Seattle, WA 98109
Local realty services provided by:Knipe Realty ERA Powered
Listed by: chris schniegenberg
Office: real broker llc.
MLS#:2560520
Source:NWMLS
3115 Queen Anne Avenue N,Seattle, WA 98109
$1,100,000
- - Beds
- - Baths
- 1,720 sq. ft.
- Multi-family
- Active
Price summary
- Price:$1,100,000
- Price per sq. ft.:$639.53
About this home
Unmatched flexibility and prime growth potential converge at this rare corner-lot opportunity in one of Seattle’s most rapidly expanding neighborhoods. Developers, don't miss out on the only available lot in this rapid growth area. Currently featuring a fully functioning, cash-flowing duplex set on a sprawling, level yard, this property allows you to buy and hold for immediate rental income while holding a prized canvas for high-density future development. Zoned **MIO-37-LR3 (M)**—combining highly permissive Lowrise 3 capacity with a 37-foot Major Institution Overlay height limit and MHA framework—the lot provides exceptional structural envelope advantages and flexible layout options. Take full advantage of Seattle’s progressive urban planning codes and streamlined middle-housing provisions to construct townhomes, rowhouses, or a modern multi-unit residential project in a high-demand, transit-rich corridor. Rent lower unit $2,600 Rent forecast upper unit $3,500 Also We did the math for you using Ai below: Target Unit Yield: On a 3,000 sq ft parcel in LR3, developers typically yield 3 townhomes (approx. 1,800–2,000 sq ft each) or 6 to 8 micro-apartments/flats, depending on core efficiency and circulation space. MIO-37 Structural Fit: The 37-foot Major Institution Overlay height limit easily accommodates a clean 3-story frame (approx. 10–11 ft floor-to-floor) with room for flat roof decks or parapets...
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Home facts
- Year built:1905
- Subdivision & Development:Queen Anne
- Listing ID #:2560520
- Updated:July 31, 2026 at 11:40 AM
Rooms and interior
- Flooring:Ceramic Tile Floor, Laminate, Vinyl Floor
- Living area:1,720 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Composition
- Year built:1905
- Building area:1,720 sq. ft.
- Lot area:0.07 Acres
- Construction Materials:Wood Exterior Finish
- Exterior Features:Fenced-Fully
Utilities
- Water:Public
- Sewer:Sewer Connected
Finances and disclosures
- Price:$1,100,000
- Price per sq. ft.:$639.53
Features and amenities
- Amenities:Cable TV, High Speed Internet
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